IPO Issue Details
Issue Price / Price Band₹11 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size75,00,00,000 shares (aggregating up to ₹750.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 25 Apr 2011
Subscription CloseThu, 28 Apr 2011
Anchor AllotmentSun, 24 Apr 2011
Basis of AllotmentWed, 04 May 2011
Initiation of RefundsThu, 05 May 2011
Credit of Shares to DematThu, 05 May 2011
Listing DateTue, 10 May 2011
UPI Mandate Deadline2011-04-28
Application & Investment Details
Retail — Min (1 Lots)₹6,000 — 600 shares
Retail — Max (13 Lots)₹85,800 (13 Lots)
HNI — Min (34 Lots)₹2,04,000 — 20,400 shares
Pre-IPO Promoter Holding82,62,43,700 shares
Post-IPO Promoter Holding1,57,62,43,700 shares
About Future Ventures India Ltd.
Incorporated in 1996, Future Ventures India Ltd is part of Future Group (led by Kishore Biyani and owners of Future Bazaar, Pantaloons, Central, Big Bazaar, Food Bazaar, Home Town and E-zone).Future ventures India Ltd is in the business of creating, building, acquiring, investing in and operating innovative and emerging businesses in consumption-led sectors in India. Within the consumption-led sectors, Future ventures has primary focus on opportunities in the business segments of Fashion, FMCG, Food Processing, Home Products, Rural Distribution and Vocational Education.As of date, company has 13 Business Ventures, six of which are its subsidiaries. Company believes in applying a disciplined investment approach and building strong partnerships with management and promoters.
Objects of the Issue
Future Ventures India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To create, build, invest in or acquire, and operate Business Ventures
53.14
2
2 General corporate purposes
17.71
Shareholding & Lock-in
Pre-IPO Promoter Holding
82,62,43,700 shares
Post-IPO Promoter Holding
1,57,62,43,700 shares