Quota for retail, HNI investors remains undersubscribed
Issue has so far received 18.8 mn bids as against 25.8 mn shares on offer
Most bids came from in the institutional and retail investor segment
Bankers say volatile global markets and a tepid performance at home are scaring off potential candidates
The company on Tuesday had raised Rs 334 crore from anchor investors
The regulator may issue observations on draft offer documents within 30 days after receiving a satisfactory reply from lead merchant bankers
The company's Rs 1,150-crore initial public offering, the biggest since December 2012, will open for subscription on Wednesday
Company has fixed a price band of Rs 316-328 per share for its IPO
Coffee business prospects of Coffee Day appear healthy but the diversified other entities could weigh on valuations
39 IPOs in H1FY16 versus 25 a year ago; 12 were main board IPOs that mobilised 97% of collections; balance 27 were SME IPOs
Plans to prune offer documents to 10 pages
Apart from CCD and IndiGo, 15 firms have got Sebi's nod to launch their IPOs, another 17 are awaiting approval
Stock Holding Corp, largest domestically held custodian, wants a single banker to manage the mandate, not a consortium
To raise Rs 1,150 crore from the IPO
The company is not profitable yet but has a 46% market share in the segment with a 1400 strong cafe network
It is looking to mop up Rs 1,150 cr
It has proposed to list its shares on the NSE and BSE
16 firms filed their draft prospectus with Sebi between July and September, the highest in four years
It will also offer to sell 6.8 mn shares held by promoter's family and by Sequoia Capital India