A day before its IPO opens, Coffee Day Enterprises Limited allotted over one crore equity shares at Rs 322 apiece (aggregating Rs 334.27 crore) to 17 anchor investors.
Anchors included Blackrock, Government Pension Fund Global, ICICI Prudential MF, Reliance Life Insurance, Merrill Lynch, Swiss Finance Corp., Axis MF, Faering Capital India Evolving Fund, Jupiter India Fund, Platinum Asia Fund & Tarra Fund
The public issue is open between Wednesday and Friday.
Coffee Day Enterprises Ltd, which runs the Cafe Coffee Day (CCD) chain, has set the price band of its IPO at Rs 316-328 a share. The minimum bid lot is 45 equity shares and thereafter in multiples of 45. The shares will be listed on the BSE Limited and the NSE.
The global co-ordinators and book running lead managers to the issue are Kotak Mahindra Capital, Citigroup Global Markets India, Morgan Stanley India, Axis Capital, Edelweiss Financial Services and YES Bank Limited.