MoneyWorks4Me

Future Lifestyle Fashions raises Rs 350 crore on private placement basis

09 Nov 2017 Evaluate

Future Lifestyle Fashions has issued and allotted 3,500 Senior, Secured Listed, Rated, Redeemable, Non-Convertible Debentures Series - IV (NCDs) of Rs10 lakh each at par for cash aggregating to Rs 350 crore to the investors, on private placement basis.

Future Lifestyle Fashions is an integrated lifestyle brands and fashion retail company. The company operates a portfolio of brands that are well diversified across key growth categories like women’s wear, fast fashion and casual wear.


Peers
Company Name CMP
Avenue Supermarts 3830.00
Trent 2666.00
Vishal Mega Mart 103.50
PN Gadgil Jewellers 606.65
Aditya Birla Life 78.73
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