Future Capital IPO Opens for Subscription

Future Capital IPO opens for subscription today and closes for subscription on January 16th, 2007. Future Capital IPO will issue over 64 lakh equity shares of 10 each. Future Capital IPO price band has been fixed between Rs. 700 and Rs. 765 per equity shares. Future Capital Holdings is the financial services subsidiary of the Future Group and focuses on Financial services, Investment advisory services and plans to enter into the credit card business to offer Future Card.

Future Capital IPO shares are proposed to be listed on Bombay Stock Exchange and National Stock Exchange and the BRLM’s to the Future Capital IPO are Kotak Mahindra ,Enam Securities, UBS Securities India Private Limited.

Lot size of the Future Capital IPO is fixed at 8 shares per lot. Retail Investors can apply to the maximum amount of 1 lakh to expect firm allotment as the subscription would be higher. More information regarding the Future Capital IPO Allotment status and the Future Capital IPO subscription will be updated here.

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