Future Capital Holdings sets price band for IPO

At Rs 700 - 765 per share

Future Capital Holdings IPO will hit the capital markets to raise up to Rs 490 crore. The company has fixed a price band of Rs 700 - 765 per share for its proposed IPO.

The company moved the registrar of companies for necessary approvals on 1 January 2008, and the issue is expected to hit the market by the middle of January 2008.

Future Capital would offer 64.22 lakh equity shares of Rs 10 each at a price to be decided through the book-building process.