Koutons Retail IPO Subscription Details

Koutons Retail India, which has entered capital markets today with an initial public offer of 35.24 lakh equity shares in the price band of Rs 370-415 a share,has received tremendous response from the investors and has been subscribed by 45.21 times . Koutons Retail IPO has received total bids for 159 million equity shares against issue size of 3524439 shares.

Considering the growth potential in retail sector and good investors sentiment in this segment where Vishal Retail was heavily subscribed previously and which gave a good return to the investors,Koutons Retail IPO also did the same as Vishal IPO in terms of the overall IPO oversubscription ratio and listing.