What your take on Future Ventures India Ltd IPO?

[Rajat Gupta]

What your take on Future Ventures India Ltd IPO? It listed 17% down from it's issue price. Is it right price to buy it?

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[Janardhan]

Better invest in blue chip stocks and avoid stocks which are down on listing day.

[tigershark]

What your take on Future Ventures India Ltd IPO? It listed 17% down from it's issue price. Is it right price to buy it?

Avoid Future Ventures!

[Madhura]

What your take on Future Ventures India Ltd IPO? It listed 17% down from it's issue price. Is it right price to buy it?

Pantaloon Retail (the parent company) has bought 96 lakh shares from the open market on 10th May.
Buy it will be in two digit in near one month. Target can be anywhere between 12rs - 15rs in 12 months (almost 90% gains).