India: Coffee Day Enterprises public offer subscribed 75% on Day 2

India: Coffee Day Enterprises public offer subscribed 75% on Day 2

Photo: Beenu Arora/Mint

Coffee Day Enterprises Ltd (CDEL), which runs India’s largest cafe chain Café Coffee Day, saw 75% subscription for its R1,150-crore initial public offering (IPO) on the second day on Thursday. The issue is scheduled to close on Friday.

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