Future Capital Holdings Ltd IPO Message Board (Page 131)

oversubscribed 6.12 times in retail category till 4 pm.
Oveall subscription 8.9 times.
QIB and Retail subscribed many times but Non institutional bidder category still under subscribed

INTIME IS THE MOST PATHETHIC REGISTRAR OF ALL. It may be handling the maximum number of IPO's but are the worst of the lot. I had applied for a full applicaiton of 210 shares for BGR Energy Systems Ltd. No shares were alloted to me. When the refund started they gave me only my money for 150 shares and not 210 shares. The difference of 60 shares still pending. Their phone lines are busy and we cannot get thru them. Their emails keep coming back as their mailboxes are always full. So i had to go and personally visit them. When i visited them and spoke to the concerened official they informed me that this not their mistake and it is the mistake of the vendor where i had deposited the application form. Secondly, the concerned officer that met me did not even have a visiting card. Also they told me that they cannot help and i will have to go back to the vendor. This was inspite me showing them the required proof and documents that my application was for 210 shares and the same amount being credited from my bank by Intime Spectrum. Then when i go and meet the vendor he guides me to HDFC bank. I had to take all the urns as INTIME SPECTRUM the registrar who is the face of the whole issue did not want to take the blame of the mistake. They are very good at Crediting investors money but pathethic at debiting back to them. ALSO AT THE END OF IT I MISSED THE CHANCE OF GETTING ALLOTMENT AS MY APPLICATION WAS CONSIDERED AT 150 SHARES AND NOT 210 SHARES. THIS IS THE REASON WHY THEY SUCK BIG TIME. AND ALSO THE REASON THEY DO MAXIMUM IPO'S IS BECAUSE THEY ARE THE CHEAPEST. BIG TIME CHEAPEST SUCKERS IS INTIME.

BGR WHY ITS DOWN ANYBODY IS TEL ME

How many times it subscribed......????

How many times it is over subscribed???

considering the kind of refund delays that intime guys r famous for.. i think it makes lotta sense to put money in rel power and the upcoming Emaar MGF... allotment is almost guaranteed in both these issues.. my 2 cents :)

for "Manish Goel "

I have not seen any technical analyst using 150 Day moving average, it is either 50 Days or 200 Days.
and one should not buy till the close is above the 50 DMA. If stock bounce back down it will go down very sharply.
If you have some inside information about the company than it is ok, other wise looing at only 150 DMA is not a good deal.

Regarding Intime.......................
I have applied for 2 IPO under it, in the past...........
I did not get any allotment but got refund in time..........
So no issues for me against Intime..............

what is the subscription status for retail now?

Subscribe to Future Cap for listing gains: Arihant Cap

Arihant Capital Markets has come out with research report on Future Capital Holdings IPO. The firm has recommended investors to subscribe for listing gains.

Future Capital Holdings (FCHL), the financial services arm of the Future Group, has opened for subscription with its initial public offering (IPO) of 6,422,800 equity shares of Rs 10 each for cash at a price to be decided through a 100% book-building process. The issue will close for subscription on January 16, 2008. The price band is between Rs 700 and Rs 765 per equity share.

Arihant Capital Markets report on Future Capital Holdings IPO

Investment Positive

Synergy with Future Group

FCH has the exclusive rights to provide financial products and services at present and future malls, stores and retail outlets in India which are owned, controlled or managed by PRIL and its subsidiaries. This gives access to PRIL’s large customer base. For Instance in FY07, the company had engaged over 4.5 cr transactions in PRIL stores. With PRIL’s national presence, FCH also have the potential to achieve geographic reach across India.

Strong brand name & experienced management team

Currently, PRIL is one of India’s leading retail group having 400 stores across 40 cities. Mr Kishore Biyani, the founder member of the company has around 25 years of experience in retailing & consumption led sectors. FCH is headed by Mr Sameer Jain, ex MD of Goldman Sachs International, Investment Management Division.

The company has the pool of around 250 professionals with a variety of backgrounds in investment banking, private equity, real estate, management consulting, finance and treasury, legal and corporate finance.

Leverage of Future Group experience in retailing & consumption led sector

Relation with the Future Group will aid the company to have access on the group’s industry wide contacts & pan India distribution network of PRIL. Besides, the company is leveraging Group’s experience in retailing & consumer led sectors in its investment advisory services.

Concerns

Dependent on Future Group

FCH is highly dependent on its group companies for the distribution of its product & services. The Company is the also leveraging the Group’s network to expand its operations. Any conflict of interest or change in relationship with the group would adversely affect its future expansion.

Limited Operating History

The Company was incorporated in 2005 have not yet demonstrated its ability to build & manage the business. Any inability to manage its growth & uncertainties related to new business ventures would adversely affect its business operations.

Recommendation

For H1 FY08, the company is making a loss of Rs 12 crore. The company is currently leveraging on the groups network for its expansion plans. With the boom in the financial services sector & strong brand value of the group company, we advice the investors to invest for listing gains

really i am applying for 16 lots.hope i will get min 1 lot in full form.

really i am applying for 16 lots.hope i will get min 1 lote in full form.

Dear Seniors,
I would like to apply for Future Capital IPO with Rs.One Lakh.
I have four demat account in the name of my family members.
Kindly suggest me that I should apply for one application worth Rs.one lakh OR I should apply thru my four demat account of my family members with Rs.25,000/- each.
Is there any chances of getting allottment of shares more ?
& Is it the better way to apply for any IPO ?
Awaiting reply.

Thanks in advance.

247 Intime is the best

It looks like somebody from Intime Spectrumm posted this message, if so, he/she may please go throught the IPO pages of which they were the registrars and see people's complaints and reply to them. Instead of boasting hi-fi services, do your work properly and minimise investor complaints. May be Intime spectrum is technically very good. But think of investor satisfaction also.

karan(246)
it is like asking "how much prize i will get if i buy 10 lottery tickets?"

Intime Spectrum - Background


In early 1999, two companies ushered the process of consolidation in the Indian Share Registry industry. Spectrum Corporate Services Ltd. ( incorporated in 1987) and Intime Share Services Pvt. Ltd. (incorporated in 1989), merged their registry businesses to become Intime Spectrum Registry Ltd (Intime Spectrum).

It has been a period of sustained growth ever since – Intime Spectrum has emerged, from the periphery of small registry firms, to the centre stage as the Registrars to the largest number of companies in India. As Registrars to Issues, Intime Spectrum has the privilege of being the No. 1 Registrar in terms of number of IPOs handled, in both 2005-06 and 2006-07. Intime Spectrum is today synonymous with reliable, timely and top quality registry service in India.

Knowledge, Technology, People and Infrastructure are the four strong on which the service model of Intime Spectrum is founded.

· The expertise of the top management team, provides Intime Spectrum’s clientele with the huge cushion of comfort, whenever the need arises.

· Quick adaptation of the latest technology enables delivery of services seamlessly around the clock, to clients spread across India.

· The trained, knowledgeable and committed team of registry professionals, ably supported by efficient personnel in IT, logistics, back-office operations and client servicing, provide individual attention to client companies and investors.

· Intime Spectrum’s large modern central hub at Bhandup West, Mumbai, spans an area of over 40000 square feet, and is well supported by strong networked offices at all major centres in the country.

The blend of best practices, value-based corporate governance, cost-effective IT enabled solutions, and performing in a continuum of excellence, will drive our growth here forward.

your allotment details can be seen only after 30/1/08 at intimespectrum

Please do not apply for any IPO which has Intime Spectrum as
registar.
check the link below, Intime Spectrum are big cheaters they do not refund the money of the people in time.

For Monica

After going through most of the posting in this web site, I feel that, once u r in trobuble with these fellows, nobody can help you out. As per SEBI procedure, you have to send complaints to registrar first, after a few days if no reply is received you may register complaint in SEBI's website.

Till date I have not seen anybody in this forum who got a reply from Intime Spectrum or SEBI.

Let me ask u , how you applied for IPO, through physical application or online?. If it is online, then your name should appear same as that in your D-mat acccount. Normally registrars do refund as per the details available in d-mat. First u find how your name got changed. Whether you did a mistake or registrar made a mistake.(I understand that you yourself cannot make a mistake in your name, but a change in name includes, expansion/abbreviation of initials like Gupta Monica, Monica G etc.)

Now if money is not credited due to wrong name, as per ECS rules, the crediting bank should rturn the money within 24 hours. So it might have been gone back to the sender's account. If registrar is not replaying, contact company secretary of BGR and enquire.

Hope you will get your money back soon

Regards

I had applied in BGR IPO, I received an ECS intimation for a total refund of 94,080/- but with a wrong name on it. Beacuse of which money was not transferred back to my ICICI account.

Several attempts ave been made to Intimespectrum for a refund in the past 10 days through e-mail,fax, courier to their mumbai address but no response. The IPO complaint phone number is never available.

With IPO lined up, I require my money. I am loosing interest and might loose an oppurtunity to invest in IPO's incae of further delay.

Can somebody advise me what to do.