Coffee Day Enterprises shares, operator of India's biggest coffee chain, opened at Rs 317 on NSE, below its initial public offering price of Rs 328 on its market debut on Monday.
Coffee Day Enterprises shares, operator of India’s biggest coffee chain, opened at Rs 317 on NSE, below its initial public offering price of Rs 328 on its market debut on Monday. On BSE, shares of Coffee Day Enterprises opened at Rs 313.
At 10.08 am, Coffee Day Enterprises shares were trading at Rs 292.75 apiece. The scrip touched a high and low of Rs 318 and Rs 280.70, respectively, on BSE in trade so far.
Coffee Day had raised Rs 1,150 crore in the country’s second biggest IPO this year after Interglobe Aviation, parent company of the IndiGo airline.
The company’s Rs 1,150-crore initial public offering (IPO) was the biggest in nearly three years when it hit the market, but now it has been overtaken by Indigo’s Rs 3,018 crore IPO.
Coffee Day Enterprises had fixed the issue price at Rs 328 per share for investors. The IPO, which was opened for subscription during October 14-16, was subscribed 1.64 times at price band of Rs 316-328 a share.
Coffee Day Enterprises had raised over Rs 334 crore from anchor investors ahead of the IPO, while in March, the firm had mobilised Rs 100 crore in a pre-IPO funding from Nandan Nilekani and Rare Enterprises (owned by Rakesh Jhunjhunwala and Ramesh Damani), among others.
Source Link: <> http://www.financialexpress.com/article/markets/indian-markets/coffee-day-share-price-on-sensex-nifty-on-nov-2-2015/159876/
Coffee Day Enterprises shares, operator of India’s biggest coffee chain, opened at Rs 317 on NSE, below its initial public offering price of Rs 328 on its market debut on Monday. On BSE, shares of Coffee Day Enterprises opened at Rs 313.
At 10.08 am, Coffee Day Enterprises shares were trading at Rs 292.75 apiece. The scrip touched a high and low of Rs 318 and Rs 280.70, respectively, on BSE in trade so far.
Coffee Day had raised Rs 1,150 crore in the country’s second biggest IPO this year after Interglobe Aviation, parent company of the IndiGo airline.
The company’s Rs 1,150-crore initial public offering (IPO) was the biggest in nearly three years when it hit the market, but now it has been overtaken by Indigo’s Rs 3,018 crore IPO.
Coffee Day Enterprises had fixed the issue price at Rs 328 per share for investors. The IPO, which was opened for subscription during October 14-16, was subscribed 1.64 times at price band of Rs 316-328 a share.
Coffee Day Enterprises had raised over Rs 334 crore from anchor investors ahead of the IPO, while in March, the firm had mobilised Rs 100 crore in a pre-IPO funding from Nandan Nilekani and Rare Enterprises (owned by Rakesh Jhunjhunwala and Ramesh Damani), among others.
Source Link: <> http://www.financialexpress.com/article/markets/indian-markets/coffee-day-share-price-on-sensex-nifty-on-nov-2-2015/159876/
Recently prefferences given for coffee reduced slightly and it implements poor shares.
ReplyDelete