Future Capital Holdings Ltd IPO subscribed 3.69 times

The Initial Public Offering (IPO) of Future Capital Holdings Ltd has received subscription of 3.69 times till 5:00 PM today as per data available with the NSE website.

The IPO opened for subscription today and has received very good response from investor.

The IPO has received bids for 23684048 equity shares against the offer of 6422800 shares. The issue has received bids for 1269752 equtiy shares at cut-off price.

The Qualified Institutional Buyers (QIBs) portion of the issue has received subscription of 5.7946 times with bids for 22330368 equity shares against the offer of 3853680 shares.

The Non Institutional Investors portion of the issue has received bids for 6912 shares against the offer of 642280 shares resulting in a subscription of 0.0108 times.

The Retail Individual Investors (RIIs) portion of the issue has received subscription of 0.6990 times with bids for 1346768 equity shares against the offer of 1926840 shares.

The IPO closes for subscription on January 16, 2008.

Source : Equity Bulls

Keywords