India: CCD parent likely to launch IPO in mid-October

India: CCD parent likely to launch IPO in mid-October

CDEL got Sebi approval for the IPO in August. Visual sourced from CCD website.

Coffee Day Enterprises Ltd (CDEL), the holding company of the Cafe Coffee Day (CCD) chain of restaurants founded by V.G. Siddhartha, is planning to launch its $175 million (Rs.1,150 crore) initial public offering (IPO) by the middle of October, two people aware of the development said.

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