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Futurex Management Solutions Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

₹ -

Price Range (₹)

₹ -

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

BSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

Futurex Management Solutions Ltd IPO Details

Initial public offer of up to 20,00,000 equity shares of face value of Rs. 10 each (Equity Shares) of the company at an offer price of Rs. [*] per equity share ( Including a Share Premium of Rs. [*] Per Equity Share) for cash, aggregating up to Rs. [*] Crores (Offer) comprising a fresh issue of up to 16,00,000 equity shares aggregating up to Rs [*] Crores (the Fresh Issue) and an offer for sale of up to 4,00,000 equity shares aggregating up to to Rs. [*] Crores comprising of up to 3,00,000 equity shares aggregating up to to Rs. [*] Crores by Ravi Gahlot and of up to 1,00,000 equity shares aggregating up to to Rs. [*] Crores by Sulekha Gahlot (Promoter Selling Shareholders) (Offer for Sale) out of which [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The offer less market maker reservation portion i.e. Offer of [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores is hereinafter referred to as the Net Offer. The offer and net offer will constitute [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company.

Objective of issue

Funding for acquisition of Property on long term sub-lease basis. Funding capital expenditure towards furniture, fixtures and office interiors / civil works. Funding capital expenditure towards upgrading the existing IT infrastructure for Company. Funding upgradation and development of the Company's proprietary HR and compliance platform. General Corporate Purposes.

Futurex Management Solutions Ltd Contact Details

Futurex Management Solutions Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@futurexsolutions.com

Website - www.futurexsolutions.com