18 Sep 07 Apply in the Koutons Retail IPO for Listing Gains
After reading the IPO prospectus of Koutons Retail IPO again and by looking at the Koutons Retail IPO subscription details as of today, I feel that the Koutons Retail IPO will generate excellent gains on listing. Though listing gains would be high, allotment is likely to be low and very tough to get since the Koutons Retail IPO looks like it would get oversubscribed heavily. I’m expecting a final oversubscription ratio of well over 50 times. Investors with excess cash could consider investing in the Koutons Retail IPO. Investors with limited capital could wait till the final day and take a call whether to apply in the IPO or save the capital for other IPO’s.
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