Future Capital IPO subscribed 52.56 times

The Initial Public Offering (IPO) of Future Capital Holdings Ltd has received subscription of 52.56 times till 12:00 Noon 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 337569616 equity shares against the offer of 6422800 shares. The issue has received bids for 42512224 equtiy shares at cut-off price.

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

Source : Equity Bulls

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