IPO update -CCC and Kouton Retail

Consolidated Construction Company limited IPO looks expensive and hence I have given less rating but based on data from NSE for FII part, one can apply for this for listing gains. FII response was good so far and it should be oversubscribed around 30 times for FII portion which will give decent listing price.

Kouton Retail is likely to be oversubscribed heavily in retail part on last day as the issue size is less. Good listing expected but allotment chances may be less.

Good Luck !!!!!!