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Wednesday, January 02, 2008
Future Capital Holdings sets price band for IPO
At Rs 700 - 765 per share
Future Capital Holdings IPO will hit the capital markets to raise up to Rs 490 crore. The company has fixed a price band of Rs 700 - 765 per share for its proposed IPO.
The company moved the registrar of companies for necessary approvals on 1 January 2008, and the issue is expected to hit the market by the middle of January 2008.
Future Capital would offer 64.22 lakh equity shares of Rs 10 each at a price to be decided through the book-building process.