Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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 ₹328.00 per share . The lot size for an application is 45. The minimum amount of investment required by an retail is ₹14,220 (45 shares). 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 Date | October 14, 2015 to October 16, 2015 |
| Listing Date | November 2, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹316 to ₹328 per share |
| Issue Price Final | ₹328 per share |
| Lot Size | 45 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 3,50,60,975 shares (aggregating up to ₹1,150.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 17,09,40,744 shares |
| Share Holding Post Issue | 20,60,01,719 shares |
Cafe Coffee Day IPO offers total 3,50,60,975 shares. Out of which 1,73,01,829 (49.35%) allocated to QIB, 69,20,732 (19.74%) allocated to QIB, 51,90,549 (14.80%) allocated to NII, 1,21,11,281 (34.54%) allocated to RII and 1,03,81,097 (29.61%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,73,01,829 (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 (14.80%) | NA |
| Retail Shares Offered | 1,21,11,281 (34.54%) | 2,69,139 |
| Employee Shares Offered | 4,57,316 (1.30%) | NA |
| Total Shares Offered | 3,50,60,975 (100.00%) |
| 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 IPO opens on October 14, 2015, and closes on October 16, 2015.
| IPO Open Date | Wed, Oct 14, 2015 |
| IPO Close Date | Fri, Oct 16, 2015 |
| Tentative Listing Date | Mon, Nov 2, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 16, 2015 |
Investors can bid for a minimum of 45 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Particulars | For the year/period ended (in Rs. Million) | |||
| 31 Mar 15 | 31 Mar 14 | 31 Mar 13 | 31 Mar 12 | |
| Total Income | 25,487.15 | 22,819.31 | 20,958.48 | 15,628.55 |
| Profit After Tax (PAT) | -1,594.73 | -1,381.03 | -738.90 | -175.79 |
| KPI | Values |
|---|---|
| RoNW | -32.62% |
The Company Coffee Day Enterprises IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] <p><span style="text-decoration: underline;"><strong>We have witnessed miserable performances of IPOs of companies in red post listing. Considering continued negative earnings till date and its greedy pricing this offer is a "HIGH RISK" one.</strong> </span></p> Read detail review...
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.
| Listing Date | November 2, 2015 |
| BSE Script Code | 539436 |
| NSE Symbol | COFFEEDAY |
| ISIN | INE335K01011 |
| Final Issue Price | ₹328 per share |
| BSE Listing Group | B |
Coffee Day Enterprises Ltd.
Coffee Day Square,
Vittal Mallya Road,
Bangalore 560 001 Karnataka
Bangalore Urban, Karnataka
Phone: +91 80 4001 2345
Email: investors@coffeeday.com
Website: http://www.coffeeday.com/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: ccd.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
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 ₹1,150.00 Crores. The issue is priced at ₹328 per share. The minimum order quantity is 45.
The IPO opens on October 14, 2015, and closes on October 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 October 14, 2015 and closes on October 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 Monday, November 2, 2015.
Useful Articles
RHP