Category Archives: Future Capital IPO

Future Capital IPO allotment – Lottery system

Future Capital IPO finally closed today but heavily subscribed on the last day almost like 100 times just today so finally it got subscribed by 130 times or more , the ubscription by detail of retail and FII will be listed later today.So its again a lottery based allotment.
1>Qualified Institutional Buyers (QIBs) 180.7221
2>Non Institutional Investors 84.3815
3>Retail Individual Investors (RIIs) 55.2187

Future Capital Holding Subscription – End of 1st Day

Future Capital Holding Subscribed by 2.4 times on the end of 1st day as we know the issue is small the IPO might get subscribed minimum by 50 times , its just Reliance Power IPO is opening just a day before closing this might get less subscription because of that , if Reliance power IPO dint give that 25 percent option then Future Capital might not have got huge response from retailers.

Future Capital Holding IPO

About Future Capital Holding
Future Capital Holdings Limited (“FCH”) is the financial services arm of the Future Group, which is a business group focusing on consumption-led businesses in India and which is also one of India’s leading organized multi-format retailers.
future capital holding

Issue Details:
Opens on : 11-Jan-2008
Closes on : 16-Jan-2008
Issue Price : Rs.700.00 – 765.00
Minimum Application for shares in Nos (Book built portion) :8
Minimum Application for shares in Nos (Fixed price portion) :8
Further muliples of : 8
Public issue of : 6,422,800 equity shares of Rs.10 each (Approx 64 Lac)
Issue Objective : Future Cap. requmtns for Expn of Retail Fin.Servic .
Registar: Intime Spectrum Registry Ltd
Website : www.fch.in

Future Capital IPO By Jan 11 2007

Just now Moneycontrol has told that Future Capital IPO might hit the markwt by jan 11th or so the price band is likely to be Rs 700-765/share, reports CNBC-TV18. Future Cap Holdings is to offer 64.2 lakh shares in IPO to raise Rs 450-490 crore.Think Future Capital IPO might be the first IPO for year 2008 so it might start with a bang , you never know reliance power might also want to take that oppourtunity.

Future Capital IPO – Cleared By Sebi

Future Capital IPO gets clearance from SEBI and may hit the market soon if the news is true , this is considered one of the good ipo as its from the Future Group.The company is looking to raise Rs 400 crore through IPO.Future Capital Holdings is offering 64.2 lakh shares via IPO and diluting 10.16% of equity. Promoters holding will reduced to 74% from current 83%.Currently the listed Pantaloon holds 61%, which will come down to 55% post IPO. Kishore Biyani’s stake will come down from 6.6% to 6% post IPO.
Source : CNBC