Future Ventures IPO : Allotment Staus

by khalid on 30/04/2011 · 0 comments

Mumbai based, Kishore Biyani-promoted, Future Ventures Limited has entered the primary market with an Initial Public Offer (IPO) of 750,000,000 Equity Shares of Rs 10 each. The IPO was open on 25th Apr 2011 and got close for subscription on 28th Apr 2011. The premium of the issue will be decided through a 100% Book Building Process. The company is likely to raise around Rs 750.00 Crore through the issue at the upper level of price band. The company is a part of the Future Group, promoted by Kishore Biyani and it focuses on consumption-led businesses.

Details of different category subscription is as follows……

Total Issue Size : Rs. 750.00 Crores
No. of times issue is subscribed : 1.52 Times
Qualified Institutional Buyers (QIBs) : 0.26 times
Non Institutional Investors : 7.81 times
Retail Individual Investors : 0.61 times
Overall : 1.52 times

Allotment Status of Future Ventures IPO is available at this time. IPO share allotment process usually takes two weeks from the date of issue closing date. It can be seen in the following link :-
My allotment status

Stay tuned to BelltheBull Blog for more news on Future Ventures IPO !

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