India: Cafe Coffee Day parent raises $51m crore from anchor investors

India: Cafe Coffee Day parent raises $51m crore from anchor investors

The share sale would close on 16 October. Photo: Beenu Arora/Mint

Coffee Day Enterprises Ltd (CDEL), the holding company of the Cafe Coffee Day chain of cafes, on Tuesday raised nearly $51 million (Rs.334.2 crore) from anchor investors, including both foreign and domestic institutional investors, according to the company’s filings with the stock exchanges.

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