Future Ventures India is the next Big Bang IPO from private sector.

Future Ventures India is promoted by Kishore Biyani’s Future Group and its his Venture capital arm. Kishor had said in an interview that he is going to raise Rs.1000 crores for this company through IPO.

FVIL is in the process of filing Draft Red Herring Prospectus (DRHP) with market regulator SEBI.   Future Ventures has already received a sum of Rs 325 crore from Pantaloons for business operations.

THe company plans to invest in new areas and the real estate projects of the Futur group.   FVIL is also expected to invest and execute the Future group’s joint ventures and investments, which were so far done by the listed entity Pantaloon. However Future capital is the fund manager for Future venture.   More details on Future Ventures IPO will be posted here soon like IPO date, Allotment status , Allocation chances , Listing date , Price and Grey market premium.