MoneyWorks4Me

Future Enterprises raises Rs 200 crore via NCDs

20 Jun 2019 Evaluate

Future Enterprises has raised funds aggregating to Rs 200 crore through allotment of 800, 10.15% Secured, Rated, Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh each (NCO Series XXVI - A) and 1,200, 10.15% Secured, Rated, Redeemable, NCDs of Rs 10 lakh each (NCO Series XXVI - 8) aggregating Rs 200 crore, on private placement basis. The Board of Directors of the Company at its meeting held on June 19, 2019 has approved and allotted the same.

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 3809.70
Trent 2597.40
Vishal Mega Mart 99.60
PN Gadgil Jewellers 581.90
Aditya Birla Life 74.43
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