Cafe Coffee Day enterprise files for IPO to raise Rs 1,150 crore

New Delhi: Leading coffee shop chain operator Coffee Day Enterprises has filed its papers with regulator Sebi for an Initial Public Offer (IPO) to raise an estimated Rs 1,150 crore.  The company, which runs the country’s biggest coffee chain under the brand Cafe Coffee Day (CCD) and has got private equity giants like KKR, Stanchart PE and New Silk Route as its investors, has reserved Rs 15-crore worth shares for staff.

As per the Draft Red Herring Prospectus (DRHP) filed with Sebi for the public offer, the company proposes to list its shares on the BSE and the NSE.