Leading apparel manufacturing company Koutons Retail India on Friday announced that it would set up an integrated manufacturing facility at Gurgaon in Haryana to augment its production capacity.
It would also set up its exclusive brand outlets throughout the country, Koutons Retail India Chairman D P S Kohli told reporters here today.
He said to fund these projects the company would be coming out with an IPO, which opens on September 18 and closes on September 21.The company proposes to raise up to Rs 146 crore through a 100 per cent book-building process by issuing 35.24 lakh equity shares of face value of Rs 10.The price has been fixed at Rs 370 to Rs 415 a share.
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