Incorporated in 2005, Future Capital Holdings Limited ("FCH") is the financial services arm of the Future Group which is a business group focusing on consumption-led businesses in India. FCH is promoted by Pantaloon Retail (India) Ltd ("PRIL"), the flagship company of the Future Group.
They have three primary lines of business; investment advisory services, retail financial services and research.
They have three primary lines of business; investment advisory services, retail financial services and research.
Investment Advisory Services:They provide Private Equity and Real Estate investment advisory services to onshore and offshore clients. These investment advisory services include investment analysis, research and recommendations.
Retail Financial Services:Retail financial services offering – Future Money – was launched with the objective of becoming one of the leading retailers of financial products and services in India.
Research:Research business, conducts and publishes economic research on India with the objective of enhancing value creation across our other businesses.
Objects of the Issue:The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
expansion of our retail financial services business, in particular, the growth of our loan portfolio;
To meet the expenses of the Issue;
For General Corporate Purpose;
To meet the long term working capital requirements of the Company.
IPO Information
»» Public Issue Open: January 11, 2008 to January 16, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 6,422,800 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs. 700/- to Rs. 765/- Per Equity Share
»» Market Lot: 8 Shares
»» Minimum Order Quantity: 8 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Kotak Mahindra Capital Company Limited, Enam Securities Private Limited, JM Financial Consultants Private Limited and UBS Securities India Private Limited