Future Capital IPO subscribed 97.02 times

The Initial Public Offering (IPO) of Future Capital Holdings Ltd has received subscription of 97.02 times till 2:00 PM on 16-January-2008 as per data available with the NSE website.

The IPO opened for subscription on January 11, 2008 and has received very good response from investors.

The IPO has received bids for 623131976 equity shares against the offer of 6422800 shares. The issue has received bids for 53795088 equtiy shares at cut-off price.

The IPO closes for subscription today - Wednesday - January 16, 2008.

Source : Equity Bulls

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