(Free Press Release) Future Ventures India Limited, a unit of the Future Group which runs the country‘s top listed retailer Pantaloon Retail, will launch an Initial Public Offering (IPO) of 750 Crore on April 25. Future Ventures India Limited has fixed issue price band at Rs 10 - 11 per equity share. Subscription to this issue will be open from 25 April 2011 to 28 April 2011.
IPO Detail:
Issue Open: April 25, 2011 - April 28, 2011
Issue Size: Rs. 750.00 Crore
Issue Price: Rs. 10 -11 per Equity Share
Minimum Order Quantity: 600 Shares
Listing At: BSE, NSE
The objects of the Issue are to create, build, invest in or acquire, and operate Business Ventures;
for general corporate purposes; and to meet the issue expenses and achieve the benefits of listing on the Stock Exchanges.
Enam Securities, JM Financial Consultants Private Limited, Kotak Mahindra Capital are the book running lead managers to the issue.
If you wish to subscribe to this IPO, a demat account is mandatory. Basic documentation required to open demat account includes a PAN card, residence proof and ID proof. For further details on demat account opening, Visit www.demataccountopening.in.