Comments
The listing of Coffee Day Enterprises' shares on the bourses will take place on Monday.
Both the exchanges — the BSE and the NSE, in separate notifications, informed investors that the shares will be listed and admitted to dealings on Monday.
The company has raised ₹1,150 crore through the initial public offering, which was open between October 14 and 16 and subscribed 1.6 times.
Coffee Day Enterprises, which runs the Cafe Coffee Day chain, had fixed the issue price at ₹328 — the upper end of the IPO price band of ₹316-328.
Ahead of the IPO, the company had raised over ₹334 crore from anchor investors — BlackRock India, ICICI Prudential, Reliance Life Insurance Company, Merrill Lynch Capital and Swiss Finance Corporation.
In March, the firm had mobilised ₹100 crore in a round of pre-IPO funding from Nandan Nilekani and Rakesh Jhunjhunwala, among others.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.