Future Ventures India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 375,000,000 (50%) | — | ₹41,250 Cr |
| NII (HNI) | — | 112,500,000 (15%) | — | ₹12,375 Cr |
| Retail | — | 262,500,000 (35%) | — | ₹28,875 Cr |
| Σ Total | — | 750,000,000 (100%) | — | ₹825,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹6,600 |
| Retail (Max) | 13 | 7,800 | ₹85,800 |
| S-HNI (Min) | 14 | 8,400 | ₹92,400 |
| B-HNI (Min) | 67 | 40,200 | ₹442,200 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To create, build, invest in or acquire, and operate Business Ventures – 53.14
- 2 General corporate purposes – 17.71
Company Overview
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.