Thursday, April 28, 2011

Future Ventures IPO subscribed 1.52 times

Future Ventures India Ltd IPO subscribed 1.52 times on its final day. Future Ventures IPO was open on Apr 25, 2011 and closed today for subscription. Future Ventures has received bids for 1,13,76,53,400 shares as against issue size of 75,00,00,000 shares. The public issue remains unsubscribed in retail and QIB categories. The full allotment is expected for inventors in these categories.

Final Over-subscription Detail:

Qualified Institutional Buyers (QIBs): 0.26 Times
Non Institutional Investors: 7.81 Times
Retail Individual Investors (RIIs): 0.61 Times

Total: 1.52 Times

Visit Future Ventures IPO page for more detail. The Future Ventures IPO listing date will be available soon.