Friday, February 22, 2008

Future Ventures files DRHP for IPO

Kishore Biyani-promoted Future Group company, Future Ventures, The company plans to

373.62 crore equity shares

Rs 10 each equity shares

2,660,750,000 issue to the public
50,000,000 equity shares for eligible employees
250,000,000 equity shares for eligible shareholders
100 % book building process.

The net issue would constitute 66.52 % of the post issue paid up capital of the company, it added.

Posted by crazyreader at 3:53 AM 0 comments

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REC IPO 23.69 times in retail

REC IPO Finally got subscribed by almost 23.69 times. will update when i get the information.
The net issue to the public is for 15.22 crore shares, constituting 18.18 per cent of the fully diluted post-issue capital of the PSU power major. The issue closes today.
Post issue, the government’s holding in the company will fall to 81.00% from 100 % at present.

Posted by crazyreader at 3:40 AM 0 comments

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