Investors sip on Coffee Day IPO as bookbuilding kicks off
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Investors sip on Coffee Day IPO as bookbuilding kicks off

Cafe coffee day, India

Coffee Day Enterprises opened books for its Rp11.94bn ($183m) IPO on Wednesday, after putting roughly a quarter of the trade in the hands of anchor investors. But the caution of the leads appears clear, with the stock allocated to anchors at the middle of guidance.

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