Coffee Day fixes Rs 316-328 price band for IPO

To raise Rs 1,150 crore from the IPO

Coffee Day Enterprises, which runs Cafe Coffee Day, on Wednesday said it has fixed the price band of its Rs 1,150-crore initial public offer at Rs 316-328 per share and it will open on October 14. The issue, which closes on October 16, comprises a net issue to the public and a reservation of equity shares worth Rs 15 crore for subscription by eligible employees.