The Equity Shares of Future Ventures Limited would be listed on the exchanges with effect from Tuesday, May 10, 2011. Future Ventures India Limited had set the Issue Price for Equity Shares offered under its Initial Public Offering (IPO) at Rs.10/-, i.e. at par with the Face Value of the Equity Shares. The Price Band for the IPO was set at Rs.10/- to Rs.11/- per equity share for shares having a Face Value of Rs.10/- each

Future Ventures India IPO was subscribed 1.52 times on an overall basis with main support coming only from the HNI Category which was overbid 7.81 times. The QIB and Retail Category were not subscribed fully with the two categories getting subscriptions of 0.26 times and 0.61 times respectively

With low subscriptions from the QIB and Retail categories, if substantial selling pressure builds up, Future Ventures may struggle to hold on above its Face Value. Check back Indian IPO Blog for listing day price movements and updates on Future Ventures Limited

Future Ventures India Limited has set the Issue Price for Equity Shares offered under its Initial Public Offering (IPO) at Rs.10/-, i.e. at par with the Face Value of the Equity Shares. The Price Band for the IPO was set at Rs.10/- to Rs.11/- per equity share for shares having a Face Value of Rs.10/- each

Future Ventures India IPO was subscribed 1.52 times on an overall basis with main support coming only from the HNI Category which was overbid 7.81 times. The QIB and Retail Category were not subscribed fully with the two categories getting subscriptions of 0.26 times and 0.61 times respectively

Stay tuned for Listing Dates and other updates on Future Ventures India IPO!

Future Ventures India IPO has failed to lure investors, especially the QIB and Retail Category, with the IPO getting subscribed 1.52 times on an overall basis, mainly on support from Non-Institutional Investors

The IPO has received a very fragile subscription in the QIB category, which remained undersubscribed at 0.26 times. The Retail Investors have also stayed aloof with the category not even getting subscribed fully with a subscription of merely 0.61 times. The decisive subscription came only from the HNI Category which was oversubscribed 7.81 times, receiving bids for 87,88,28,400 Equity Shares as against 11,25,00,000 Equity Shares reserved for the category

According to the company's website, Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India. The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country. Future Ventures IPO was offered in a price band of Rs.10/- to Rs.11/- per equity share

Future Ventures Limited is a part of Future Group, which had earlier come up with an IPO for its Future Capital Holdings Limited. The issue price of that IPO was set at a sky-high Rs.765/- per equity share, the current market price of which is about Rs.155/-. It seems that investors who burnt their fingers very badly in FCH IPO have chosen to avoid an IPO coming from the same tent despite the low tick size on its price band

QIB: 0.18 times
Non-Institutional Investors: 3.48 times
Retail: 0.05 times
Overall: 0.63 times

Price Band: Rs.10/- to Rs.11/- per equity share
Bid Lot: 600 Equity Shares and in multiples thereof
Grey Market Premium on April 26, 2011: Rs.0.50 to Rs.0.75/-





Note: Grey market premium should not be relied upon for making any investment decisions. Indian IPO Blog or its author/administrator/owners or any of its employees or associates does not endorse any of the premiums listed here. Any investment or trading decision you take on any of the IPOs is entirely at your own risk. It is advisable to consider the fundamentals of the company and other factors before investing in any IPO. Please consult your financial advisor/expert before making any investment decisions

Future Ventures India Limited, which opened for subscription today on Monday, April 25, 2011, got a warm response from the Non-Institutional Investors today with the category getting fully subscribed on the first day of the IPO, although the response from QIB and Retail Category was not so keen on the opening day. Click here for category-wise subscription status on Day 1

Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India. The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country

The IPO would remain open for subscription till Thursday, April 28, 2011. However, in case of QIB Bidders, the issue closes on Wednesday, April 27, 2011. Check back Indian IPO Blog for the latest updates on Future Ventures IPO!

Price Band: Rs.10/- to Rs.11/- per equity share
Bid Lot: 600 Equity Shares and in multiples thereof
Grey Market Premium on April 25, 2011: Rs.0.30 to Rs.0.50/-





Note: Grey market premium should not be relied upon for making any investment decisions. Indian IPO Blog or its author/administrator/owners or any of its employees or associates does not endorse any of the premiums listed here. Any investment or trading decision you take on any of the IPOs is entirely at your own risk. It is advisable to consider the fundamentals of the company and other factors before investing in any IPO. Please consult your financial advisor/expert before making any investment decisions

Future Ventures Limited, a part of the Future Group, has launched its Initial Public Offer (IPO) Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics

According to the company's website, Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India. The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country

The Price Band for the IPO of Future Ventures Limited has been set at Rs.10/- to Rs.11/- per equity share. The price band set is at 1 time the Face Value of share at the lower end and 1.1 times the Face Value at the upper end. Correspondingly, the bid lot for the IPO would be 600 Equity Shares and in multiples thereof. The IPO would remain open for subscription till Thursday, April 28, 2011. However, in case of QIB Bidders, the issue closes on Wednesday, April 27, 2011

Price Band: Rs.10/- to Rs.11/- per equity share
Bid Lot: 600 Equity Shares and in multiples thereof
Grey Market Premium on April 21, 2011: Rs.0.50 to Re.1/-





Note: Grey market premium should not be relied upon for making any investment decisions. Indian IPO Blog or its author/administrator/owners or any of its employees or associates does not endorse any of the premiums listed here. Any investment or trading decision you take on any of the IPOs is entirely at your own risk. It is advisable to consider the fundamentals of the company and other factors before investing in any IPO. Please consult your financial advisor/expert before making any investment decisions

Future Ventures Limited, a part of the Future Group, is set to launch its Initial Public Offer (IPO), which would open for subscription from Monday, April 25, 2011. Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, leisure and entertainment, brand development, retail real estate development, retail media and logistics

According to the company's website, Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India. The company intends to play a role in powering entrepreneurship, by promoting or participating in diverse business activities, primarily in “consumption-led” sectors in the country

Future Ventures Limited would remain open for subscription for QIB Investors till Wednesday, April 27, 2011 and for other investors till Thursday, April 28, 2011. Check back Indian IPO Blog for the latest updates on Future Ventures Limited IPO!