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eServe Newsletter October 2015
eServe Wishes You Happy Navratri
Tap this investment opportunity on the auspicious occasion of Navratri.
Coffee Day Enterprises Ltd., India's biggest coffee chain, is coming up with it's Public issue of 1150 crores from October 14, 2015.
IPO Issue Details:
- Issue Opening: October 14, 2015.
- Issue Closing: October 16, 2015.
- Price Band: Rs.316 - Rs.328 per share
- Minimum Bid Lot: 45 shares (and in multiples of 45 shares thereafter)
Company Background:
Coffee Day Enterprises Ltd. (CDEL), the parent company of Coffee Day Group, is Bengaluru-based business organisation with diversified business interests in the areas of coffee, technology parks, logistics, hospitality and financial services. The company has 40 subsidiaries.
The company operates in the chained café segment in India under its flagship business, Café Coffee Day.
The company opened its first Café Coffee Day outlet in Bengaluru in 1996 and currently has a network of 1538 café outlets spread across 219 cities in India under the above brand name.