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Future Capital Holdings > Company History > Finance - General > Company History of Future Capital Holdings - BSE: 532938, NSE: FCH
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Future Capital Holdings
BSE: 532938|NSE: FCH|ISIN: INE688I01017|SECTOR: Finance - General
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Feb 10, 17:00
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VOLUME 1,014,409
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10.2 (7.66%)
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Company History - Future Capital Holdings
Our Company was originally incorporated on 
 October 18, 2005 as a private limited company 
 under the provisions of the Companies Act, 1956 as 
 KB Infin Private Limited. Pursuant to a resolution of our
 shareholders dated April 27, 2006 and by virtue of 
 the acquisition of our entire share capital by PRIL,
 we converted to a public limited company with
 effect from August, 21, 2006. A fresh certificate of 
 incorporation consequent to the change of our name to 
 KB Infin Limited was granted to our Company
 on August 31, 2006 by the RoC. Further, pursuant to a 
 resolution of our shareholders dated November 29, 2006, 
 the name of our Company was changed to Future Capital
 Holdings Limited with effect from December 21, 2006. 
 A fresh certificate of incorporation consequent 
 to the change of our name to Future Capital Holdings Limited was 
 granted to our Company on December 21, 2006 by the RoC.
 
 Date Event
 October 18, 2005 Incorporation as KB Infin 
 Private Limited
 
 April 5, 2006 The Company becomes a subsidiary of PRIL
 
 April 10, 2006 The Company receives certificate of 
 registration from RBI as to function as an NBFC
 
 May 22, 2006 KIACL becomes a subsidiary of FCH
 
 May 23, 2006 IIAL becomes a subsidiary of the Company
 
 August 31, 2006 Conversion from a private 
 limited Company to a public limited Company November 28, 2006 
 Board approval to set up Future Money as a division 
 of the Company
 
 December 1, 2006 KIACL becomes an investment advisor 
 to Horizon Development Management
 
 December 21, 2006 Change of name from KB Infin 
 Limited to Future Capital Holdings Limited
 
 March 28, 2007 Approval granted by FIPB to issue
 shares to AMIF I Limited
 
 May 2, 2007 Acquisition of Sivagami Finance and 
 Investments Limited
 
 May 16, 2007 Agreement entered into with ICICI
 Bank to launch a co-branded credit card
 
 June 8, 2007 Launch of Future Money business
 
 July 6, 2007 Company becomes a systematically 
 important NBFC
 
 September 21, 2007 Joint venture agreement with 
 Aeroterm Mauritius Limited and Realterm FCH Logistics 
 Advisors Private Limited
 
 September 27, 2007 Company becomes investment 
 advisor to FHL Development Co. LLC
 
 October 8, 2007 RBI approval received for issuance 
 of a co-branded credit card in conjunction with
 ICICI Bank Limited Limited and Realterm FCH Logistics 
 Advisors Private Limited
 
 September 27, 2007 Company becomes investment advisor to FHL
 Development Co. LLC
 
 October 8, 2007 RBI approval received for issuance of a co-branded 
 credit card in conjunction with ICICI Bank Limited
 
 2008
 
 -Future Capital Holdings, the financial services arm of the Future
 Group, has announced the fixing of the price band for its initial
 public offering between Rs 700 to Rs 765 per equity share. The issue
 will open on January 11 and close on January 16. A total of 64.23
 lakh equity shares of Rs 10 each are on offer, which constitutes
 10.16% of the post-issue paid-up capital of the company.
Source : Dion Global Solutions Limited
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