Home / Knowledge / News / FCHL to have positive impact on Future Group retail
FCHL to have positive impact on Future Group retail
09
Jan '08
Mr Kishore Biyani, CEO of Future Group was in Ahmedabad to promote the capital market issue of Future Capital Holdings Ltd (FCHL). The company is coming out with a lot of 6422800 equity shares which will be subscribed by 100 percent book building route.

The price band was fixed at Rs700 to 765, per equity share for its Initial Public Offering (IPO), which opens on January 11 and will run till January 16, 2008. He spoke exclusively to fibre2fashion and discussed at length, future activities and plans of the company.

FCHL is operating mainly into three verticals, Investment advisory services, retail financial services and research. It is the financial services arm of the Future Group, established in 2005, which was promoted under Pantaloon Retail Limited.

Talking about Future Capital's contribution in the company's core business of retail, Mr Kishore Biyani said, “We have one of the best teams working with us. We are in midst of developing other business and with regards to retail, we are one of the leading player in retail business. Future Capital is going to be one of the pillars of retail financial services. We will extend monetary support to our customers at Home town, Electronics Bazaar and Furniture Bazaar to help them purchase the products by financing the same.”

Divulging about the expansion of hypermarkets like Big Bazaar, in towns, the CEO said, “We are planning to extend Big Bazaar, which caters to every need of one's family, in industrial towns like Durgapur and Jamshedpur.”


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search