Future Ventures IPO may only be a short-term punt

By VS Fernando, IPO Analyst

Short-term investors in Future Ventures, whose issue opened for subscription on Monday, can try their luck at the IPO as one expects active interest in the counter because of the big names involved. But while the visibility of the Future Group is high, it has not exactly been a great ride for investors. The group went public one year before Infosys, but there the comparison ends. The financial track record and distribution to shareholders are miles apart since the two are in different industries. In 19 years, Pantaloon Retail India (PRIL)