Mumbai based, Kishore Biyani-promoted, Future Ventures Limited has informed the share market (BSE/NSE) that the shares of its recent IPO will list on 10th May 2011. The IPO was open between 20th Apr 2011 to 28th Apr 2011. The price band was Rs 10 to Rs 11 and the Issue Price was fixed at the lower level of price band, Rs 10 per equity share. The company had entered into primary market with an Initial Public Offer (IPO) of Rs. 750.00 Crore. Future Ventures Limited is in the business of creating, building, acquiring, investing in and operating innovative and emerging businesses in consumption-led sectors in India.
IPO Listing Detail :-
Listing Date: 10th May 2011
BSE Scrip Code : 533400
NSE Symbol : FUTUREVENT
Listing In : ‘B’ Group of Securities
ISIN : INE220J01017
Issue Price : Rs. 10.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share
The proceeds of the IPO are proposed to be utilized for general corporate purposes, create build, invest in or acquire, and operate business ventures.
The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (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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