SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Future Enterprises tumbles on defaulting interest payment of Rs 15.73 crore for NCDs

23 Sep 2022 Evaluate

Future Enterprises is currently trading at Rs. 1.82, down by 0.06 points or 3.19% from its previous closing of Rs. 1.88 on the BSE.

The scrip opened at Rs. 1.89 and has touched a high and low of Rs. 1.89 and Rs. 1.81 respectively. So far 143874 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 12.00 on 21-Dec-2021 and a 52 week low of Rs. 1.65 on 05-Sep-2022.

Last one week high and low of the scrip stood at Rs. 1.93 and Rs. 1.80 respectively. The current market cap of the company is Rs. 84.62 crore.

The promoters holding in the company stood at 16.37%, while Institutions and Non-Institutions held 0.60% and 83.03% respectively.

Future Enterprises has defaulted on payment of interest on non-convertible debentures (NCDs) totaling Rs 15.73 crore. The due date for payment was September 20, 2022. The debentures are secured and have a coupon rate of 9.60 per cent per annum.

The company had defaulted on interest payment for the period March 21, 2022, to September 19, 2022 as well. The total amount of securities issued was Rs 352 crore and the gross principal amount on which the default has occurred is Rs 327 crore.

Future Enterprises develops, owns and leases the retail infrastructure for the Group. The company also holds the Group’s investments in subsidiaries and joint ventures including insurance, textile manufacturing, supply chain and logistics.

Future Enterprises Share Price

0.50 0.01 (2.04%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4629.25
Trent 4105.95
Vishal Mega Mart 118.90
Aditya Birla Lifesty 105.86
PN Gadgil Jewellers 667.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×