SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ABNL’s arm to invest Rs 175 crore in next 12 months on store expansion

03 Jun 2013 Evaluate

Aditya Birla Nuvo’s (ABNL) - Pantaloons Fashion & Retail will be investing up to Rs 175 crore in the next 12 months on store expansion across India, mainly in smaller towns. It is targeting to open at least one store per month in the next 12 months at an investment of up to Rs 15 crore per outlet. The firm opened its first flagship store in Chandigarh last week and is targeting other places, including Dehradun, Pune, Kalyan.

Pantaloons Fashion & Retail has recently undergone a change of ownership and became part of ABNL effective from April this year. Pantaloon currently has 71 stores across 35 cities. It has about 20-25 power house brands which could be developed into standalone labels in future and even open independent outlets for them.

ABNL had entered into an agreement last year with the Future Group to infuse Rs 1,600 crore into Pantaloon and acquire a majority stake in the store chain and later demerge it to be listed as a separate entity.

Peers
Company Name CMP
Grasim Industries 2770.00
DCM Shriram 1194.05
3M India 31577.40
Hindustan Foods 497.95
Balmer Lawrie & Co 177.65
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:

×