MoneyWorks4Me

Future Enterprises planning to raise up to Rs 900 crore through NCDs

24 Jun 2019 Evaluate

Future Enterprises is planning to raise up to Rs 900 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The company is planning to raise funds to replace few of its high cost current or near term maturity debts as well as to meet further funds requirements.

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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