However, co-founder of Infosis Nanadan Nilekani and big bull Rakesh Jhunjhunwala have invested
in the company before it gets listed. The duo has invested Rs100 crore in pre-IPO placement, taking
the valuation of the company at Rs6000-6500 crore.
The founder of D-Mart retail chain and prestigious investor Radhakishan Damani is all set to buy stake in
CCD. So the company is witnessing star power before it gets listed.
Café Coffee Day’s Rs1200 crore issue will be the biggest issue of 2015. The company is com-
ing up with IPO for expansion of its retail format to provide stiff competition to international brands
like Starbucks and Dunkin Donuts. Moreover, the company plans to take benefi t of the bull run in
the secondary market. The company has roped in City Group, Morgan Stanley and Kotak Mahin-
dra for the IPO. The company plans to issue new shares to raise Rs1000 crore to Rs1200 crore.
The company is expected to fi le DRHP with SEBI within a month. The company plans to achieve
EBITDA of Rs500 crore by end of 2014-15.
Star Powers queue up for buying stakes before listing
Café Coff ee Day Enterprises Rs1200 crore issue will be the biggest IPO of 2015 ;
Nilekani and Jhunjhunwala invest Rs100 crore, Radhakishan Damani also set to buy stake