Future Ventures India Ltd is entering in the capital markets with an initial public offering, IPO of 750 Crore. The price band for the issue has been fixed at Rs 10/- at lower level and Rs 11/- at upper level.
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.
The issue opens on Apr 25, 2011 and closes for subscription on Apr 28, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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