/ Future Enterprises Gains On Raising Rs 300 Crore On Private Placement Basis ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 18 April 2018


Future Enterprises is currently trading at Rs. 39.30, up by 0.30 points or 0.77% from its previous closing of Rs. 39.00 on the BSE.The scrip opened at Rs. 39.30 and has touched a high and low of Rs. 39.50 and Rs. 38.80 respectively. So far 26832 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 62.05 on 08-Sep-2017 and a 52 week low of Rs. 27.00 on 30-May-2017.Last one week high and low of the scrip stood at Rs. 39.65 and Rs. 37.75 respectively. The current market cap of the company is Rs. 1761.51 crore.

The promoters holding in the company stood at 45.21%, while Institutions and Non-Institutions held 4.71% and 50.08% respectively.
Future Enterprises has raised Rs 300 crore by allotting Non-Convertible Debentures (NCDs) on a private placement basis. The committee of directors of the company has considered, approved and allotted 1,200 secured redeemable NCDs of Rs 10 lakh each and 1,800 secured, rated, redeemable NCDs of Rs 10 lakh each.

Future Enterprises is leading retailer that operates multiple retail formats in both value and lifestyle segment of Indian consumer market.

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