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Thursday 15 October 2015

Cafe Coffee Day of the IPO open


 
Cafe Coffee Day across the country in the name of the company that runs the Cafe Coffee Day Enterprise IPO open today.

Investors will have the chance to apply until October 16. IPO price range between Rs 316-328 is placed. The company through the IPO is to raise Rs 1150 crore. Although the company before the opening Aipion 17 anchor investors at Rs 322 per share, the issue has raised Rs 334 crore. QIB IPO, valuing the 50% and 35% for retail investors is placed.

The company's IPO raised Rs 88 crore from the capital will be spent on company outlets. In addition, the company manufacturing and assembling machines and coffee roasting and packing plant at Rs 97 crore to Rs 42 crore investment. The company now has 1500 coffee outlets.

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