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Future Ventures India Ltd IPO (Future Ventures IPO) Detail

April 25, 2011 - April 28, 2011

Future Ventures IPO is a book built issue of Rs 750.00 crores.

Future Ventures IPO bidding started from April 25, 2011 and ended on April 28, 2011. The shares got listed on BSE, NSE on May 10, 2011.

Future Ventures IPO price band is set at ₹10 to ₹11 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹6,600.

Axis Capital Limited, Jm Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Future Ventures IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Future Ventures IPO RHP for detailed information.

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 Size750,000,000 shares
(aggregating up to ₹750.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue826,243,700
Share holding post issue1,576,243,700

Future Ventures IPO Reservation

Future Ventures IPO offers 750,000,000 shares. 375,000,000 (50.00%) to QIB, 112,500,000 (15.00%) to NII, 262,500,000 (35.00%) to RII. 437,500 RIIs will receive minimum 600 shares and (sNII) and (bNII) will receive minimum 18,600 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered375,000,000 (50.00%)NA
NII (HNI) Shares Offered112,500,000 (15.00%)
Retail Shares Offered262,500,000 (35.00%)437,500
Total Shares Offered750,000,000 (100%)

Future Ventures IPO Lot Size

Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 600 ₹6,600
Retail (Max) 30 18000 ₹198,000
Lot Size Calculator

Future Ventures IPO Promoter Holding

The Promoters of the company are:

Individual Promoter: Kishore Biyani

Corporate Promoters:
1. Future Capital Investment Private Limited;
2. Future Corporate Resources Limited (erstwhile PFH Entertainment Limited);
3. Future Knowledge Services Limited;
4. Pantaloon Industries Limited; and
5. Pantaloon Retail (India) Limited.

Share Holding Pre Issue 59.38%
Share Holding Post Issue

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.

Key Performance Indicator

Objects of the Issue (Future Ventures IPO Objectives)

The objects of the Issue are:

1. To create, build, invest in or acquire, and operate Business Ventures;
2. For general corporate purposes; and
3. To meet the issue expenses and achieve the benefits of listing on the Stock Exchanges.


Future Ventures IPO Subscription Status (Bidding Detail)

The Future Ventures IPO is subscribed 1.52 times on April 28, 2011 6:15:00 PM. The public issue subscribed 0.61 times in the retail category, 0.26 times in the QIB category, and 7.81 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB0.26
NII7.81
Retail0.61
Total1.52

Future Ventures India Ltd IPO Grading

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

Future Ventures India Ltd IPO Tags:

Future Ventures IPO, Future Ventures India IPO, Future Ventures IPO Bidding, Future Ventures IPO Allotment Status, Future Ventures IPO drhp and Future Ventures IPO listing.

Future Ventures IPO Prospectus

Future Ventures IPO Rating

381
3.6
Rating:Rated 3.6 stars
Vote Here ...

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

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹10.00
₹9.50
₹7.95
₹9.50
₹8.30
NSE
₹10.00
₹9.00
₹7.90
₹9.65
₹8.20

Check IPO Performance…

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: investor.care@futureventures.in
Website: http://www.futureventures.in/

Future Ventures IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: fvil.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Future Ventures IPO - Buy or Not

Future Ventures IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 5 0 2
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Future Ventures IPO FAQs

Future Ventures IPO is a main-board IPO of 750,000,000 equity shares of the face value of ₹10 aggregating up to ₹750.00 Crores. 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.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Future Ventures IPO opens on April 25, 2011 and closes on April 28, 2011.

Future Ventures IPO lot size is 600 Shares, and the minimum amount required is ₹6,600.

You can apply in Future Ventures IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Future Ventures IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Future Ventures IPO allotment status.

The Future Ventures IPO listing date is on May 10, 2011.
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Future Ventures IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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259 Comments

259. ARCHIT SHAH |   Link |  Bookmark |May 20, 2011 6:02:27 PM
its good to buy this share around 8.

less tahn promoter holding price.

hold for three year.
Because venture fund invest take time once suceed then grow fast
258. gajendra sanklecha |   Link |  Bookmark |May 14, 2011 6:28:55 PM
Warren Buffet earned lot of money in shares, simply keeping faith in sound companies even when they were incurring losses or were quoted below par during initial days. Remember Petronet LNG was quoted below par after issue closed.
257. Vivekbhauka |   Link |  Bookmark |May 11, 2011 9:44:45 AM
kishore biryani ne sub ki hydrabadi biryani bana di..
256. gundu anna |   Link |  Bookmark |May 11, 2011 9:35:00 AM (500+ Posts, 100+ Likes)
.....
My sympathy for those who lost money in ipo's. Do take best care of yourselves... it is your money... if lost in market, dont blame anybody.. because nobody is SNATCHING money from your hand.... u r willfully investing....if no loss is there, every OM-DICk-HARRY will put money in share market and nobody will do their work.
255. CHD |   Link |  Bookmark |May 11, 2011 9:00:37 AM (1100+ Posts, 500+ Likes)
HOW EASILY FUTRES VENTURS COULD ROB THE INNOCENT PUBLIC OF A NEAT PILE OF Rs. 7.50 BILLION ?

THERE CAN'T BE AN EASIER WAY TO RAISE MONEY IN THE MODERN INDIA . HA , HA, HA ....!!!

NOW MANY MORE BIYANIS MUST BE WAITING ON THE SIDELINES TO MILK THE EAGER IPO - INVESTORS.

JAI HO SEBI KI !
254. CHD |   Link |  Bookmark |May 11, 2011 8:38:12 AM (1100+ Posts, 500+ Likes)
SGUPTA @ 255 -
THIS IS HIGHLY UNETHICAL , BAJPAI AS CHAIRMAN .

EX-CHAIRMAN OF SEBI GUIDING FUTUR VENTURE IN THE ART OF LOOTING THE PUBLIC THRU IPO.

WHAT PROTECTION CAN INVESTORS HOPE FOR FROM SEBI WITH SUCH PEOPLE HEADING THESE BODIES
253. Venky IPO |   Link |  Bookmark |May 10, 2011 10:21:03 PM
Age old saying...if something sounds too good to be true, it is propably a scam. Should have realized the warning signs when Biyani priced the (faceless) share at face value. Luckily I did not go full and hence lost only a few thousands and bailed out today with remaining money. This is my first comment in Chittorgarh after following it as a guest(without commenting) for 3 yrs. I beleive in value shares from the open market and am glad to say that I have kept out of many of the IPO's. My experience has taught me that out of 100 IPO offerings, 90 of them are plain robbers where you get a "blind hit" courtesy operators. And from the remaining 10 8 of them are overpriced and the remaining 2 are not worth the risk as they will inevitably get oversubscribed and you end up parking lakhs in the IPO). You will get a better chance of sucess in the open market with the right stock picks.
252. SGUPTA |   Link |  Bookmark |May 10, 2011 8:17:30 PM
Chairman of Future Venture is the Ex Chariman of SEBI Mr. G.N. Bajpai
251. rakesh valvod |   Link |  Bookmark |May 10, 2011 8:05:13 PM
what is important of sebi and rating anecy. biryani ka future to bright ho gaya.
250. IPO/STOCK GURO |   Link |  Bookmark |May 10, 2011 6:44:09 PM
Full application rs. 40000 loss super ipo.
249. Golmaal |   Link |  Bookmark |May 10, 2011 5:36:18 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
FUTURE VENTURE OF FUTURE VENTURE IS TO ENSURE THAT SHARE PRICE TOUCHES 10 RS IN FUTURE.
248. IPO/STOCK GURO |   Link |  Bookmark |May 10, 2011 5:07:59 PM
Chidiya (retailers ) jaal may, read todays news paper that Cong. govt. Is Most carept govt. In indian History . Why All ipo,fpos are fail.
247. pakka hindustani |   Link |  Bookmark |May 10, 2011 5:02:24 PM
Future Group & Biyani have done it again. They are sitting pretty at accumulating cash, while, retail investors has again being duped. Those all who have applied should have seen comments by Chittorgarh experts who had told to avoid issue. While all brokerages have told to subsribe the issue. Chittorgarh experts ( Gane, Gem, to name a few) are doing good work without any gain while all brokerages are getting money/commission. So from now onwards, we must unite and should apply only in those IPOs in which our Chiotorgarh experts strongly recomend the issue.
Also dear experts, what your take on Galaxy & PFC. Should we go for full (2 lakh) application or partial ( 50000 or 1 lakh application). Guide us as you all have always been.

Regards from all of the new IPO investors
246. Sri Ram |   Link |  Bookmark |May 10, 2011 4:43:40 PM
Market is moving opposite to SP Tulsain suggestions.
We can follow him in opposite way.
245. seenuipo |   Link |  Bookmark |May 10, 2011 4:32:38 PM (200+ Posts)
Dear members
As per Tulsian view on this issue 'isse sasta kha milega' is his research report in premium investments.

Ans: Isse sasta melega milaga ----- Market me aur kha.
244. ARCHIT SHAH |   Link |  Bookmark |May 10, 2011 3:44:15 PM
buy at 7.5 rs.

as its good call and justify by days trading volume.
243. sweet & sour |   Link |  Bookmark |May 10, 2011 2:24:49 PM
BIYANI KI BIRYANI KHATAM HUI. GOD BLESS POOR AND GREEDY INVESTORS. JAGO INVESTORS JAGO. DO NOT THINK OF LISTING GAINS. SEE THE FUNDAMENTALS OF THE COMPANY. IF THE COMPANY IS FUNDAMENTALLY STRONG BUT THE IPO IS OVERPRICED. IGNORE IT. THINK IN TERMS OF PERCENTAGE HOW MUCH YOU CAN GAIN ELSE HOW MUCH YOU CAN LOOSE.
242. rakesh valvod |   Link |  Bookmark |May 10, 2011 2:05:32 PM
biyani ne barbad kar diya
241. IPO WALA |   Link |  Bookmark |May 10, 2011 2:02:01 PM
Lo Ban Jao Biyani..

Ye Kishor Biyani per share 2 Rs le kar barbad kar diya..
240. gundu anna |   Link |  Bookmark |May 10, 2011 1:56:19 PM (500+ Posts, 100+ Likes)
Today it is sad listing for future ventures...
My sympathy for those who lost money in ipo's. Do take best care of yourselves... it is your money... if lost in market, dont blame anybody.. because nobody is snatching money from your hand.... u r willfully investing....if no loss is there, every tom-dick and harry will put money in share market and nobody will do their work.