Mumbai based, Kishore Biyani-promoted, Future Ventures, the venture capital arm of Future Group, had filed a
1. A2Z Maintenance Rs 776.31 crore
2. Prestige Estates Project Rs 1200.00 crore
3. Oberoi Realty Rs 1028.61 crore
4. Ramky Infrastructure Rs 530.00 crore
5. Orient Green Power Co Rs 900.00 crore
This is the second time that Future Ventures is planning to tap the primary market. Earlier, in the year 2008, the company had filed a prospectus, but did not come out with an offer due to adverse market conditions. At that time, the company aimed to raise Rs 3,730 crore from the IPO.
A2Z Maintenance, which raised Rs 776.31 crore in December 2010, was the last big private sector IPO. The two small IPOs that have come this year so far — Omkar Speciality Chemicals and Midvalley Entertainment — raised Rs 79.38 crore and Rs 60 crore, respectively.
The IPO proceeds would be used for general corporate purposes, create build, invest in or acquire, and operate business ventures.
The Equity Shares are proposed to be listed on the Bombay Stock Exchange Limited (BSE) and the National Stock Exchange of India Limited (NSE).
Book running lead managers to the issue are JM Financial, Enam Securities and Kotak Mahindra Capital.
Registrar of the Issue : Link Intime (India).
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