Google News
spot_img

Kouton shares make debut at Rs 515 each

Must Read

The shares of leading apparel retailer Koutons rose by 24 per cent on debut at the Bombay Stock Exchange (BSE) selling today at Rs 515 a share from the issue price of Rs 415.

The shares were trading at Rs 616.20 this morning on the BSE after touching a high of Rs 649. The 3.5 million-share offer, which was managed by JM Financial Consultants and Karvy Investor Services, comprised a fresh issue of 2.6 million shares and 916,542 shares sold by the founders.

Koutons raised Rs 1.46 billion through the offer and plans to use the proceeds to set up a manufacturing unit and open retail outlets.

Latest News

Nexus Select Trust acquires Vega City Mall in Bengaluru for Rs 913 cr

This includes a purchase consideration of Rs 869.75 crore and a balance towards planned capex, including renewables, and closing...

Login to your account below

Fill the forms bellow to register

Retrieve your password

Please enter your username or email address to reset your password.