Birla Cotsyn IPO Subscription Details paint a sorry story. The once booming Indian IPO market has become totally dull and lacklustre now. Birla Cotsyn IPO has not even managed to get a subscription of one fourth of its total IPO issue size. With the markets tanking almost everyday, the going is likely to be tough for Birla Cotsyn (India) Limited to get the IPO through. Birla Cotsyn IPO is likely to see a slash in price band and an extension in the IPOÃ‚Â subscription period. At present the IPO price band has been fixed at Rs. 15 to Rs. 18 per share of face value Rs. 10 each.