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The initial public offer of Coffee Day Enterprises, which runs the Café Coffee Day chain of coffee shops in the country, was fully subscribed half way through its third and final day. The ₹1,150-crore IPO was subscribed 1.82 times on both the BSE and the NSE at around 8 pm.
Qualified institutional buyers had subscribed to their portion 4.38 times, HNIs 0.18 times and retail investors 0.95 times to their respective segments.
The company is selling 2.58 crore shares at a price band of ₹316-328 apiece. Before the public offer began, the company had raised ₹334 crore from anchor investors.
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