Future Capital IPO subscribed 8.69 times

The Initial Public Offering (IPO) of Future Capital Holdings Ltd has received subscription of 8.69 times till 5:00 PM on 14-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 55801904 equity shares against the offer of 6422800 shares. The issue has received bids for 15153480 equtiy shares at cut-off price.

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

Source : Equity Bulls

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