Garment Retailer plans 450 stores
Aug '06
It earlier had just 74 stores in March last year and is focusing mainly on spreading its wings in the western and southern parts of the country.
Koutons plans to rise up to 450 stores by the end of this financial year and will launch at least 150 stores in the south.
It will fund this expansion through private equity, internal accruals and borrowing from the debt market.
UTI Ventures recently invested Rs27 crores in Koutons and the company had plans to go for a Rs140 crores IPO.
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