Future Ventures India Limited, which listed on the exchanges today, had a terrible listing today, a story which is now increasingly becoming familiar with most of these small tick IPOs that hit the streets. The Price Band for Future Ventures India Limited IPO was fixed at Rs.10/- to Rs.11/- per equity share and the Issue Price was fixed at the lower end of the price band at par with the Face Value of shares

Future Ventures India Limited opened at a discount in the first place, and even went on to take a dip upto Rs.7.95 as the Intra-day Low on the BSE, before closing at Rs.8.30 on the BSE and Rs.8.25 on the NSE. The share failed to get into premium over the Issue Price at any point during the trade and only managed to touch Rs.9.50 as the Intra-day High on the BSE and Rs.9.65 on the NSE. The Total Traded Value was Rs.64.91 crores on the BSE with an aggregate of 7,60,01,845 Equity Shares being traded on the listing day

Future Ventures India Limited plans to use a part of the proceeds from the IPO for acquiring new businesses and another part to grow the existing businesses. Although below par listing was anticipated by many, the relatively poor response to the IPO coupled with a terrible listing day seems to have left a bad taste in the mouth of most investors

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

Future Ventures India Limited IPO, which opened for subscription from Monday, April 25, 2011, has not attracted wild response from the investors so far with the issue subscribed 0.95 times till Day 3 of its opening, i.e. till Wednesday, April 27, 2011

The subscription from the QIB Category has remained low at just about 26 percent of the total allocated to the category. With such low amount of QIB participation, it would be interesting to see what the final subscription figure comes out to be and also how Retail Investors approach the IPO on the closing day

Click here to check out category-wise subscription figures of Future Ventures India Limited IPO. Also, check back Indian IPO Blog for the latest subscription status update on Future Ventures India Limited IPO

QIB: 0.26 times
Non-Institutional Investors: 5.13 times
Retail: 0.16 times
Overall: 0.95 times

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!

QIB: 0.18 times
Non-Institutional Investors: 1.21 times
Retail: 0.02 times
Overall: 0.28 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 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

Credit Rating Agency CARE has assigned an IPO Grade 3/5 to Future Ventures Limited IPO. This implies that as per CARE, the company has "Average Fundamentals". CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals

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

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 

Click here to download the IPO Grading Report for Future Ventures Limited 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 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

CARE has assigned an IPO Grade 3 to Future Ventures IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grades on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 1 indicating poor fundamentals and IPO Grade 5 indicating strong fundamentals

Future Ventures India Ltd, a part of Future Group, is coming up with an IPO of Equity Shares having a Face Value of Rs.10/- each in a price band of Rs.10/- to Rs.11/- per equity share. The IPO would open for subscription from Tuesday, April 25, 2011

Stay tuned for the latest updates on Future Ventures IPO!

The Price Band for the upcoming 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

Future Ventures Limited is a part of the Future Group, which 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

According to the company's website, Future Ventures, seeks to promote and participate in innovative and emerging business ventures in India

Stay tuned for the latest updates on Future Ventures IPO!

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!