Coffee Day Enterprises Ltd filled the orderbook for its up to Rs 1,150 crore ($177.05 million) initial public offering as of early afternoon, hours before the close of bookbuilding later on Friday.
The IPO from the operator of Cafe Coffee Day, India's biggest domestic coffee chain, would be the country's biggest listing since Bharti Infratel Ltd's $751 million IPO in December 2012.
Coffee Day Enterprises' IPO had received bids for 27.4 million shares, more than the 25.8 million shares on offer as of 13:40 India time (0810 GMT), according to data from the exchanges.
A source had earlier confirmed to Reuters the IPO's book was filled.
($1 = 64.9550 Indian rupees)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)