Cafe Coffee Day planning IPO to raise 11.5 billion rupees
Q. Name the Indian coffee chain that is planning an IPO to raise 11.5 billion rupees?- Published on 21 Jun 15a. StarBucks
b. Barista Coffee
c. Cafe Coffee Day
d. Super Coffee
ANSWER: Cafe Coffee Day
The Cafe Coffee Day, has filed a draft prospectus with SEBI for an initial public offering to raise as much as 11.5 billion rupees ($181 million). The application process with the Securities and Exchange Board of India (SEBI) could take two to three months.