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LTP
0.00 (0.00%)
Volume
2,09,082 Cr
Market Cap
₹50 Cr
52W Low - High
₹0.60 - ₹1.10
Sector
Retail
LTP
-0.11 (-4.45%)
Volume
4,02,677 Cr
Market Cap
₹99 Cr
52W Low - High
₹1.80 - ₹3.65
Sector
Retail
LTP
0.58 (4.98%)
Volume
55,926 Cr
Market Cap
₹26 Cr
52W Low - High
₹5.30 - ₹14.18
Sector
Miscellaneous
LTP
0.00 (0.00%)
Volume
6,37,191 Cr
Market Cap
₹165 Cr
52W Low - High
₹1.90 - ₹3.75
Sector
Retail
With Zero Account Opening Charges
Future Group, once a titan of Indian retail, had a dramatic trajectory marked by rapid growth, bold innovation, and ultimately, the challenges of a rapidly evolving market. Founded in 1987 by Kishore Biyani, the group’s journey became a captivating story of ambition, innovation, and the unpredictable nature of the business world.
The journey began in 1987 with a single store in Mumbai, selling apparel under the “Pantaloons” brand, planting the seeds of a retail revolution. In 1994, Big Bazaar, the now-iconic hypermarket chain, was launched, offering a wider range of products at competitive prices and disrupting the traditional market landscape. Expansion accelerated in 2007 with the acquisition of prominent retail chains like Foodhall and Central. In 2010, the Future Group became a pioneer in online sales events by launching ‘The Great Indian Shopping Festival,’ setting the stage for major e-commerce initiatives in India.
Future Retail, the group’s retail arm, was formed two years later to consolidate its various store formats, streamlining operations and creating a unified brand identity. In 2016, embracing digital advancements, Future Group ventured into online grocery with Big Bazaar Direct, challenging established players like Amazon and aiming to capture a share of the burgeoning online market.
However, in the following years, growing debt and intense competition from online retailers like Flipkart and Amazon began to take their toll, putting immense pressure on Future Group’s finances and its ability to adapt to the changing landscape. Mounting financial pressures led to loan defaults, triggering legal battles and insolvency proceedings, throwing the future of the group into doubt.
In 2020, In a landmark deal, Reliance Industries began talks for acquiring Future Retail’s assets but called off the deal two years later.
The following are some of the sectors in which the Future Group has a presence:
Mr Biyani is a pioneer of modern retail in India. Starting with a single store in 1987, he has built a retail empire that encompasses over 400 cities and attracts over 500 million customer footfalls annually. Mr Biyani’s vision was to bring organised retail to India, offering a wider variety of products and a more convenient shopping experience than traditional markets. He launched popular chains like Big Bazaar, Central, Foodhall, and FBB, making quality products accessible to a wider audience.
To invest in Future Group stocks via Angel One, follow these steps:
You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio’.
Future Consumer Ltd, Future Supply Chain Solutions Ltd, etc are some of the major listed companies in the Future Group.
With a market cap of around ₹222 crore as of January 29, 2024, Future Consumer Ltd is the company with the highest market cap in the Future Group.
Mr Kishore Biyani is the founder of the Future Group.
With a debt of about ₹577 crore in the preceding year, Future Consumer Ltd has the highest debt among the Future Group companies.
You should check out the following risks before investing in stocks of the Nagarjuna Group:
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