KOUTONS RETAIL INDIA LTD - IPO
Type of Issue : Book Built
Issue Opens: 18 September, 2007
Issue Closes: 21 September, 2007
Issue Size : 3,524,439 (No. of Shares)
Lower Price Band: Rs.370
Upper Price Band: Rs.415
Total Issue Size: Rs. 146 Crores
Application Multiple: 15 and in multiples there off starting with at least 15 shares.
Maximum Shares: 240 (for Retail)
Information URL : http://www.koutons.com/
Prospectus URL : http://www.sebi.gov.in/dp/koutonsdraft.pdf
Company Details :
Address :J-2, UDYOG NAGAR, PEERA GARHI CHOWK, NEW DELHI - 110 041.
Email : ipo2007@koutons.com
Contact Details : 911165451320 /911123626149 (fax)
ISSUE Description:
Company Background:
Koutons Retail Ltd. is an integrated apparel manufacturing and retail company in India. KRL is in the business of designing, manufacturing and retailing apparel under the “Koutons” brand through a network of 999 Exclusive Brand Outlets (EBO) across India.
KRL has 18 in-house manufacturing/finishing units and 14 warehouses, which are spread, across various locations in and around Gurgaon, Haryana. Their annual finishing and manufacturing capacity apparel in 2007 was 600,000 pieces of apparel. Their manufacturing and finishing facilities are backed by adequate facilities for product testing, apparel development, design studio and sampling infrastructure to ensure high quality apparel for their customers.
KRL’s brand “Koutons” has contributed to the success of its business. They have positioned the “Koutons” brand in the middle to high fashion segment, offering a complete range of a man’s wardrobe (in the age group of 22 to 45 years) ranging from formal to casual and party wear. The “Charlie Outlaw” brand is a casual brand targeted at fashion conscious youngsters in the age group of 14 to 25 years and is positioned as a fashionable and contemporary, value for money brand.
As of August 20, 2007, the “Koutons” brand alongwith the “Charlie Outlaw” brand was sold on a total floor area of approx. 843,704sq.ft.
Object of the Issue:
a) Setting up of the exclusive brand outlets of the Company b) Establishment of a new integrated manufacturing facility c) Purchase of plant and machinery to increase the finishing and manufacturing capacity of the Company d) Purchase of plant and machinery to increase the finishing and manufacturing capacity of the Company
Key Financials for the year ended March 31, 2007
Revenue Rs.4036.17Mln, PAT Rs.344.87Mln, EPS Rs.14.22, RoNW21.20%
Recommendation:
Koutons Retail Ltd. is well positioned to capture the growth opportunities in India’s apparel manufacturing and retail sectors. Apply Aggressively.
Issue Opens: 18 September, 2007
Issue Closes: 21 September, 2007
Issue Size : 3,524,439 (No. of Shares)
Lower Price Band: Rs.370
Upper Price Band: Rs.415
Total Issue Size: Rs. 146 Crores
Application Multiple: 15 and in multiples there off starting with at least 15 shares.
Maximum Shares: 240 (for Retail)
Information URL : http://www.koutons.com/
Prospectus URL : http://www.sebi.gov.in/dp/koutonsdraft.pdf
Company Details :
Address :J-2, UDYOG NAGAR, PEERA GARHI CHOWK, NEW DELHI - 110 041.
Email : ipo2007@koutons.com
Contact Details : 911165451320 /911123626149 (fax)
ISSUE Description:
Company Background:
Koutons Retail Ltd. is an integrated apparel manufacturing and retail company in India. KRL is in the business of designing, manufacturing and retailing apparel under the “Koutons” brand through a network of 999 Exclusive Brand Outlets (EBO) across India.
KRL has 18 in-house manufacturing/finishing units and 14 warehouses, which are spread, across various locations in and around Gurgaon, Haryana. Their annual finishing and manufacturing capacity apparel in 2007 was 600,000 pieces of apparel. Their manufacturing and finishing facilities are backed by adequate facilities for product testing, apparel development, design studio and sampling infrastructure to ensure high quality apparel for their customers.
KRL’s brand “Koutons” has contributed to the success of its business. They have positioned the “Koutons” brand in the middle to high fashion segment, offering a complete range of a man’s wardrobe (in the age group of 22 to 45 years) ranging from formal to casual and party wear. The “Charlie Outlaw” brand is a casual brand targeted at fashion conscious youngsters in the age group of 14 to 25 years and is positioned as a fashionable and contemporary, value for money brand.
As of August 20, 2007, the “Koutons” brand alongwith the “Charlie Outlaw” brand was sold on a total floor area of approx. 843,704sq.ft.
Object of the Issue:
a) Setting up of the exclusive brand outlets of the Company b) Establishment of a new integrated manufacturing facility c) Purchase of plant and machinery to increase the finishing and manufacturing capacity of the Company d) Purchase of plant and machinery to increase the finishing and manufacturing capacity of the Company
Key Financials for the year ended March 31, 2007
Revenue Rs.4036.17Mln, PAT Rs.344.87Mln, EPS Rs.14.22, RoNW21.20%
Recommendation:
Koutons Retail Ltd. is well positioned to capture the growth opportunities in India’s apparel manufacturing and retail sectors. Apply Aggressively.
posted by Sensex-Blog Admin at 11:22 PM
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