Bookbuilding IPO | ₹1,150 Cr | Listed at BSE, NSE | Wed, Oct 14, 2015 - Fri, Oct 16, 2015
Coffee Day Enterprises IPO is a book build issue of ₹1,150.00 crores. The issue is entirely a fresh issue of 3.51 crore shares of ₹1,150.00 crore.
Coffee Day Enterprises IPO bidding started from Oct 14, 2015 and ended on Oct 16, 2015. The shares got listed on BSE, NSE on Nov 2, 2015.
Coffee Day Enterprises IPO price band is set at ₹328 per share. The lot size for an application is 45. The minimum amount of investment required by an retail is ₹14,760 (45 shares) (based on upper price). The lot size investment for sNII is 14 lots (630 shares), amounting to ₹2,06,640, and for bNII, it is 68 lots (3,060 shares), amounting to ₹10,03,680.
The issue includes a reservation of up to 4,57,316 shares for employees offered at a discount of ₹0.00 to the issue price.
Axis Bank Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to Coffee Day Enterprises IPO RHP for detailed Information.
IPO Open
Wed, Oct 14, 2015
IPO Close
Fri, Oct 16, 2015
Issue Price
₹328 per share
Market Cap (Pre-IPO)
₹6,756.86 Cr
| IPO Date | 14 to 16 Oct, 2015 |
| Listed on | Mon, Nov 2, 2015 |
| Face Value | ₹10 per share |
| Price Band | ₹316 to ₹328 |
| Issue Price | ₹328 per share |
| Lot Size | 45 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 3,50,60,975 shares (agg. up to ₹1,150 Cr) |
| Fresh Issue | 3,50,60,975 shares (agg. up to ₹1,150 Cr) |
| Share Holding Pre Issue | 17,09,40,744 shares |
| Share Holding Post Issue | 20,60,01,719 shares |
| BSE Script Code / NSE Symbol | 539436 / COFFEEDAY |
| ISIN | INE335K01011 |
Coffee Day Enterprises IPO comprises a total issue size of 3,50,60,975 shares. The net offer to the public is 3,46,03,659 shares, after excluding 4,57,316 shares under a preferential allotment. Of the Net offer 1,73,01,829 (50.00%) are allocated to QIB, 51,90,549 (15.00%) allocated to NII 1,21,11,281 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 1,73,01,829 | 50.00% | 49.35% | NA |
| − Anchor Investor Shares Offered | 1,03,81,097 | 29.61% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 69,20,732 | 19.74% | NA | |
| NII (HNI) Shares Offered | 51,90,549 | 15.00% | 14.80% | NA |
| Retail Shares Offered | 1,21,11,281 | 35.00% | 34.54% | 2,69,139 |
| Preferential Reservations | ||||
| Employee Shares Offered | 4,57,316 | 1.30% | NA | |
| Total Shares Offered | 3,50,60,975 | 100.00% | 100.00% | |
Investors can bid for a minimum of 45 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,760 |
| Retail (Max) | 13 | 585 | ₹1,91,880 |
| S-HNI (Min) | 14 | 630 | ₹2,06,640 |
| S-HNI (Max) | 67 | 3,015 | ₹9,88,920 |
| B-HNI (Min) | 68 | 3,060 | ₹10,03,680 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Coffee Day Enterprises Ltd own and operates coffee cafes in India since 1996.
Company is well known for its brand name 'Cafe Coffee Day' (CCD). Company owns a network of 1,472 Cafe outlets spread across 209 cities in India. As of Dec 2014, Cafe Coffee Day has market share of 46% in India in terms of the number of chained Cafe outlets.
In addition to having the largest chain of cafes in India, company operate a highly optimized and vertically integrated coffee business which ranges from procuring, processing and roasting of coffee beans to retailing of coffee products across various formats. Company is one of the largest exporters of Indian coffee beans, primarily to Europe, Japan and the Middle East
Company's retail outlet includes:
1. Cafe Coffee Day CCD - 1,423 outlets across 209 cities in India
2. Cafe Coffee Day The Lounge - 42 outlets
3. Cafe Coffee Day The Square - 7 outlets
4. Vending Machines - 28,777 vending machines
5. Fresh & Ground outlet - 424 outlets
6. Coffee Day Xpress kiosks - 590 kiosks
In addition to coffee business, company operate select other businesses that are aimed at leveraging India's growth potential, namely, development of IT- ITES technology parks, logistics, financial services, hospitality and ITITES.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting-up of new Café Network outlets and CoffeeDay Xpress kiosks | 87.71 |
| 2 | Manufacturing and assembling of vending machines | 97.36 |
| 3 | Refurbishment of existing Café Network outlets and vending machines | 60.58 |
| 4 | Setting-up of a new coffee roasting plant facility, along with integrated coffee packing facility and tea packing facility | 41.86 |
| 5 | Repayment or prepayment of loans of the Company and Subsidiary | 632.80 |
| 6 | General corporate purposes | 161.87 |
| KPI | |
|---|---|
| RoNW | -32.62% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 63.34% | 52.56% |
| Market Cap | ₹6,756.86 Cr. |
The Cafe Coffee Day IPO is subscribed 1.82 times on October 16, 2015 8:00:00 PM (Day 3). The public issue subscribed 0.9 times in the retail category, 4.39 times in the QIB category, and 0.54 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 4.39 | 73,80,654 | |
| NII | 0.54 | 53,87,658 | |
| Retail | 0.9 | 1,25,71,203 | |
| Employee | 0.86 | 4,74,683 | |
| Total | 1.82 | 2,58,14,198 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the GCBRLMs and the BRLMs (including underwriting commission, brokerage and selling commission) | 378.15 |
| 2 | Commission and processing fees for SCSBs | |
| 3 | Brokerage and selling commission for Registered Brokers | |
| 4 | Registrar to the Issue | 0.62 |
| 5 | Listing fees | 0.89 |
| 6 | Printing and stationary expenses | 63.68 |
| 7 | Monitoring Agency | 1.88 |
| 8 | Advertising and marketing | 136.20 |
| 9 | Miscellaneous | 96.75 |
Date: 13th Oct 2015
Coffee Day Enterprises Limited allots 1.038 cr equity shares @ Rs. 322 ps aggregating Rs. 334.27 cr to 17 anchor investors Anchors include Blackrock, Government Pension Fund Global, ICICI Prudential MF, Reliance Life Insurance, Merrill Lynch, Swiss Finance Corp., Axis MF, Faering Capital India Evolving Fund, Jupiter India Fund, Platinum Asia Fund & Tarra Fund.
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹328.00 | ₹328.00 |
| Open | ₹313.00 | ₹317.00 |
| Low | ₹266.00 | ₹266.30 |
| High | ₹318.00 | ₹317.00 |
| Last Trade | ₹270.15 | ₹271.00 |
Lead Manager Reports
Coffee Day Enterprises IPO is a main-board IPO of 3,50,60,975 equity shares of the face value of ₹10 aggregating up to ₹1,150 Crores. The issue is priced at ₹328 per share. The minimum order quantity is 45.
The IPO opens on Wed, Oct 14, 2015, and closes on Fri, Oct 16, 2015.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Coffee Day Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in Coffee Day Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Coffee Day Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Coffee Day Enterprises IPO opens on Wed, Oct 14, 2015 and closes on Fri, Oct 16, 2015.
Coffee Day Enterprises IPO lot size is 45, and the minimum amount required for application is ₹14,760.
You can apply in Coffee Day Enterprises IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Coffee Day Enterprises IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Coffee Day Enterprises IPO allotment status.
The Coffee Day Enterprises IPO listing date is on Mon, Nov 2, 2015.
