MoneyWorks4Me

Future Enterprises raises Rs 300 crore on private placement basis

18 Apr 2018 Evaluate

Future Enterprises has raised Rs 300 crore by allotting Non-Convertible Debentures (NCDs) on a private placement basis. The committee of directors of the company has considered, approved and allotted 1,200 secured redeemable NCDs of Rs 10 lakh each and 1,800 secured, rated, redeemable NCDs of Rs 10 lakh each.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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