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Future Ventures IPO is a book build issue of ₹750.00 crores. The issue is entirely a fresh issue of 75.00 crore shares of ₹750.00 crore.
Future Ventures IPO bidding started from Apr 25, 2011 and ended on Apr 28, 2011. The shares got listed on BSE, NSE on May 10, 2011.
Future Ventures IPO price band is set at ₹10.00 per share . The lot size for an application is 600. The minimum amount of investment required by an retail is ₹6,000 (600 shares). The lot size investment for sNII is 34 lots (20,400 shares), amounting to ₹2,04,000, and for bNII, it is 167 lots (1,00,200 shares), amounting to ₹10,02,000.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Future Ventures IPO RHP for detailed Information.
| IPO Date | April 25, 2011 to April 28, 2011 |
| Listing Date | May 10, 2011 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹10 to ₹11 per share |
| Issue Price Final | ₹10 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 75,00,00,000 shares (aggregating up to ₹750.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 82,62,43,700 shares |
| Share Holding Post Issue | 1,57,62,43,700 shares |
Future Ventures IPO offers total 75,00,00,000 shares. Out of which 37,50,00,000 (50.00%) allocated to QIB, 11,25,00,000 (15.00%) allocated to NII, 26,25,00,000 (35.00%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 37,50,00,000 (50.00%) | NA |
| NII (HNI) Shares Offered | 11,25,00,000 (15.00%) | NA |
| Retail Shares Offered | 26,25,00,000 (35.00%) | 4,37,500 |
| Total Shares Offered | 75,00,00,000 (100.00%) |
Future Ventures IPO opens on April 25, 2011, and closes on April 28, 2011.
| IPO Open Date | Mon, Apr 25, 2011 |
| IPO Close Date | Thu, Apr 28, 2011 |
| Tentative Listing Date | Tue, May 10, 2011 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 28, 2011 |
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹6,000 |
| Retail (Max) | 33 | 19,800 | ₹1,98,000 |
| S-HNI (Min) | 34 | 20,400 | ₹2,04,000 |
| S-HNI (Max) | 166 | 99,600 | ₹9,96,000 |
| B-HNI (Min) | 167 | 1,00,200 | ₹10,02,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | -1.78% |
The Company Future Ventures IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To create, build, invest in or acquire, and operate Business Ventures | 53.14 |
| 2 | General corporate purposes | 17.71 |
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 IPO, Future Ventures India IPO, Future Ventures IPO Bidding, Future Ventures IPO Allotment Status, Future Ventures IPO drhp and Future Ventures IPO listing.
| Listing Date | May 10, 2011 |
| BSE Script Code | 533400 |
| NSE Symbol | FCONSUMER |
| ISIN | INE220J01025 |
| Final Issue Price | ₹10 per share |
| BSE Listing Group | B |
Future Ventures India Ltd.
Knowlege House Shyam Nagar,
Off Jogeshwari Vikhroli Lk Rd,
Mumbai - 400060, Maharashtra, India
Mumbai, Maharashtra
Phone: +91-22-30842200
Email: investor.care@futureventures.in
Website: http://www.futureventures.in/
MUFG Intime India Pvt.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 is a main-board IPO of 75,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹750.00 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 600.
The IPO opens on April 25, 2011, and closes on April 28, 2011.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Future Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in Future Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Future Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Future Ventures IPO opens on April 25, 2011 and closes on April 28, 2011.
Future Ventures IPO lot size is 600, and the minimum amount required for application is ₹6,000.
You can apply in Future Ventures IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Tuesday, May 10, 2011.
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