The book-built IPO of Rs 750.00 crore is Future Ventures. The bidding for Future Ventures IPO began on April 25, 2011, and concluded on April 28. On May 10, 2011, the shares were listed on the BSE and NSE. The pricing range for Future Ventures IPO is ₹10 to ₹11 per share. An application must have a minimum lot size of 600 shares. Retail investors are required to invest a minimum of ₹6,600.
Future Group, which is headed by Kishore Biyani and is the owner of Future Bazaar, Pantaloons, Central, Big Bazaar, Food Bazaar, Home Town, and E-Zone, includes Future Ventures India Ltd., which was incorporated in 1996. Future Ventures India Ltd. is a company that develops, builds, acquires, invests in, and runs cutting-edge and startup companies in India’s consumption-led industries. Future Ventures is primarily focused on opportunities in the business segments of fashion, FMCG, food processing, home products, rural distribution, and vocational education
within the consumption-led industries. The corporation currently operates 13 business ventures, six of which are subsidiaries. The company is committed to implementing a rigorous approach to investing and forming solid relationships with promoters and management.
Future Ventures IPO Details
| IPO Date | April 25, 2011 to April 28, 2011 |
| Listing Date | May 10, 2011 |
| Face Value | ₹10 per share |
| Price Band | ₹10 to ₹11 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 750,000,000 shares (aggregating up to ₹750.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Future Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹6,600 |
| Retail (Max) | 30 | 18000 | ₹198,000 |
Objects of the Issue (Future Ventures IPO Objectives)
The objects of the issue are:
- create, build, invest in, acquire, and operate Business Ventures;
- general corporate purposes, and
- To meet the issue expenses and achieve the benefits of listing on the stock exchanges.
Future Ventures IPO Listing Details
| Listing Date | May 10, 2011 |
| BSE Script Code | 533400 |
| NSE Symbol | FCONSUMER |
| ISIN | INE220J01025 |
| Final Issue Price | ₹10 per share |
Future Ventures Listing Day Trading Information
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹10.00 | ₹10.00 |
| Open | ₹9.50 | ₹9.00 |
| Low | ₹7.95 | ₹7.90 |
| High | ₹9.50 | ₹9.65 |
| Last Trade | ₹8.30 | ₹8.20 |
Future Ventures India Ltd Contact Details
Future Ventures India Ltd
Knowlege House Shyam Nagar,
Off Jogeshwari Vikhroli Lk Rd.,
Mumbai – 400060, Maharashtra, India
Phone: +91-22-30842200
Email: [email protected]
Website: http://www.futureventures.in
Future Ventures IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Future Ventures IPO FAQs
Q1. What is a Future Ventures IPO?
Ans. Future Ventures IPO is a main-board IPO of 750,000,000 equity shares with a face value of ₹10, aggregating up to ₹750.00 crore. The issue is priced at ₹10 to ₹11 per share. The minimum order quantity is 600 shares.
The IPO opens on April 25, 2011, and closes on April 28, 2011.
Q2. When will Future Ventures IPO open?
Ans. The Future Ventures IPO opens on April 25, 2011 and closes on April 28, 2011.
Q3. What is the size of the Future Ventures IPO?
Ans. Future Ventures IPO lot size is 600 shares, and the minimum amount required is ₹6,600.
Q4. When is Future Ventures IPO listing date?
Ans. The Future Ventures IPO listing date is on May 10, 2011.
