19 Apr 07 Koutons Retail IPO
Koutons Retail, a leading garment manufacturing and exporting company is all set to tap the Indian capital markets. Koutons Retail has filed the draft red herring prospectus with SEBI and is waiting for SEBI’s approval. Koutons Retail was started by Mr. D.P.S Kohli & Mr. B.S.Sawhney in early 1991. Leading Indian private equity firm, UTI Ventures has invested in Koutons Retail and might exit or dilute its stake post IPO.
Koutons Retail India is planning to cross Rs1,000 crore turnover in next two years, following the rising domestic demand of garments in India. Last year, Koutons Retail’s turnover was Rs. 160 crore and this year it is expected to reach Rs. 400 crore. Koutons Retail is also planning to explore readymade women’s wear market. Koutons Retail has registered 130 percent growth and hence Rs. 1,000 crore target is not unachievable.
Koutons Retail IPO Prospectus
For more information, read the draft red herring prospectus of the Koutons Retail IPO.
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on which date koutons is listing ?
Please let me know the listing date of Koutons Retail IPO and fate of the result of my application.