Future Capital Holdings Ltd (FCHL) the financial arm of Future group got listed on Friday with a premium of 36.47% at Rs1044 at the BSE against the issue price of Rs765. After touching the high of 1100, the scrips fell heavily to touch a low of Rs845 on the back of heavy profit booking across the counters. While in NSE, the scrip opened at Rs1081 and touched a low of Rs825.
The issue opened on January 11 2008 and closed on January 16 2008. The company has fixed the issue price of Rs765 per share for the IPO of 6,422,800 equity shares for Rs10 each. The issue was subscribed around 133 times. The qualified institutional bidders` portion was subscribed to approximately around 180 times; the non institutional investors` portion was subscribed to approximately around 84 times; and the retail portion was subscribed to approximately around 55 times.
No comments:
Post a Comment