Coffee Day Enterprises' IPO had received bids for 27.4 million shares, more than the 25.8 million shares on offer as of 1340 India time (0810 GMT), according to data from the exchanges.Coffee Day Enterprises' IPO had received bids for 27.4 million shares, more than the 25.8 million shares on offer as of 1340 India time (0810 GMT), according to data from the exchanges.Coffee Day Enterprises filled the orderbook for its up to Rs 1,150 crore ($177.05 million) initial public offering (IPO) as of early afternoon, hours before the close of bookbuilding later on Friday.
The IPO from the operator of Cafe Coffee Day, India's biggest domestic coffee chain, would be the country's biggest listing since Bharti Infratel's $751 million IPO in December 2012.
Coffee Day Enterprises' IPO had received bids for 27.4 million shares, more than the 25.8 million shares on offer as of 1340 India time (0810 GMT), according to data from the exchanges.
A source had earlier confirmed to Reuters the IPO's book was filled.
($1 = Rs 64.9550 )
(Reuters)
Wipro, Maruti Suzuki, BPCL, DLF, Coforge to turn ex-dividend next week
42 lakh applications, max 3% allotment odds: GNG IPO turns into lottery, SHNIs stunned
Jim Rogers says India may beat China, but only if Delhi gets one thing right
He quit school at 16. Now his paneer empire is going public with a ₹2,035 crore IPO
'Who’ll pay taxes when I’m 80?': Sanjeev Sanyal warns India risks ageing before it’s ready
Monday Market Strategy | Key Support Level For Nifty & Nifty Banks | Nifty Monthly Expiry Strategy
Honda Challenges Hero MotoCorp With Shine 100 Deluxe And CB125 Hornet
FM Sitharaman Hopes For Debate On Simplified New Income Tax Bill In Parliament
Top Industry Leaders On The Road Ahead For The India-US Trade Deal
From Millet Buns To Protein Slices- Mc Donalds Reinvents Everyday Eating
He quit school at 16. Now his paneer empire is going public with a ₹2,035 crore IPOWipro, Maruti Suzuki, BPCL, DLF, Coforge to turn ex-dividend next week42 lakh applications, max 3% allotment odds: GNG IPO turns into lottery, SHNIs stunned
Sona BLW proceeds with AGM despite deferment plea from Rani Kapur; explains why
Reliance Power, RInfra shares extend slide, drop 5% each; analysts turn cautious