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VIP Industries raises Rs 50 crore through NCDs

08 Sep 2020 Evaluate

VIP Industries has raised Rs 50 crore through listed, secured, rated, redeemable, Non-Convertible Debenture (NCDs) and allotted 500 NCDs having face value of Rs 10,00,000 each on Private Placement basis.

VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.

Peers
Company Name CMP
Avenue Supermarts 3309.75
Trent 3028.85
Vishal Mega Mart 89.70
PN Gadgil Jewellers 573.60
Aditya Birla Life 73.41
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