IPO

Future Ventures India Ltd IPO

Mainboard

Offer Date: Apr 25, 2011 - Apr 28, 2011

₹ 6600 /600 Shares

25 Apr, 2011

Open Date

28 Apr, 2011

Close Date

04 May, 2011

Allotment Date

06 May, 2011

Listing Date
IPO Issue Details
  • Issue Price Rs 10/- to Rs 11/- per Equity Share 
  • Face Value Rs 10/- Per Equity Share 
  • Issue Price Total issue of 75,00,00,000 Equity Shares of Rs 10/- at a price of Rs 10/- to Rs 11/- per share aggregating to Rs 750.00 Cr
  • Listing at BSE, NSE ( T- Group )
  • Lead Manager Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited 
  • Registrar Link Intime India Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹10 - 11 per equity share, which has a face value of Rs 10/- Per Equity Share  each, IPO bidding starts from Apr 25, 2011 and ends on Apr 28, 2011. The allotment for IPO will be finalized on May 4, 2011. IPO will be listed on BSE, NSE, with a tentative listing date fixed as May 6, 2011. The company shall list its equity shares on the BSE, NSE ( T- Group ). Link Intime India Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited.


The IPO sets its price band at 10 - 11 for each share. A single application for Future Ventures India Ltd IPO must contain at least 600 shares.

Read More
IPO Subscription Analysis And Details
Retail
3.00x
QIB
3.00x
NII
10.00x
Total
17.00x
As on QIB NII Retail Total
Shares Offered / Reserved 12,28,094 9,30,283 21,70,661 43,29,038
Day 1 24-04-19
0 0.00 x 93,145 0.10 10,82,770 0.50 x 11,75,915 0.27 x
Day 2 25-04-19
11,61,160 0.95 x 10,40,650 1.12 68,45,995 3.15 x 90,47,805 2.09 x
Day 3 26-04-19
3,74,48,580 30.49 x 10,59,42,525 113.88 3,45,90,855 15.94 x 17,79,81,960 41.11 x
Valuations
Earnings Per Share (EPS) Rs 4.51/-
P/E Ratio 47.67
RoNW 19.91%
Net Asset Value (NAV) - As on 31.12.18 Rs 30.62
IPO - Issue Objectives
1

To Create, build, Invest in or acquire, and operate Business Ventures.

2

For General Corporate Purpose.

3

To meet the issue expenses and achieve the benefits of listing on the stock exchanges.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Neogen Chemicals Limited  7.02 47.67 19.91% 164.46
Aarti Industries  Limited   8.39 32.89 25.51% 3,806.06
Atul Industries  Limited   4.34 24.80 17.49% 3,337.92
Navin Flourine International Limited   3.51 23.25 15.09% 925.34
Paushak Limited   5.47 21.21 25.77% 104.75
Vinati Organics Limited   9.32 33.21 28.05% 755.87