Future Capital Holding Ltd IPO

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Future Capital Holding Ltd IPO has been issued by the company Future Capital Holdings Limited which is under the Future Group. Future Capital Holding Ltd IPO was issued on 11th January, 2008 and closed on 16th January, 2008.

An overview of Future Capital Holdings Limited:

Future Capital Holdings Limited is a part of the Future Group which is a group that is engaged in consumption led businesses in the country. The group is also one of the most organized retailers in India.

Future Capital Holdings Limited is engaged in three lines of business that are retail financial services, advisory services, and research. The company will also start the business of the distribution of financial products.

A glance at Future Capital Holding Ltd IPO:

Future Capital Holding Ltd. IPO has been issued by Future Capital Holdings Limited. It was issued on 11th January, 2008 and closed on 16th January, 2008. Future Capital Holding Ltd IPO consists of 6,422,800 equity shares of about ` 10 each. The price band of Future Capital Holding Ltd IPO has been fixed between ` 700 to ` 765. The registrar of Future Capital Holding Ltd IPO is Intime Spectrum Registry Ltd.

The lead managers of Future Capital Holding Ltd IPO are UBS Securities India Private Limited, Kotak Mahindra Capital Company Limited, JM Financial Consultants Private Limited, and Enam Securities Private Limited. Future Capital Holdings Limited is hoping to raise around ` 450 crore to ` 490 crore through Future Capital Holding Ltd IPO. Future Capital Holding Ltd IPO has been listed on the National Stock Exchange and Bombay Stock Exchange.

Main objective of Future Capital Holding Ltd IPO:

The main objective of Future Capital Holding Ltd IPO is that the proceeds from the issue will be used to fund the company's retail financing services.

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