India's largest coffee chain,
Cafe Coffee Day IPO company is paving the way. The SEBI for the IPO has been approved. With the help of IPO, company is planning to collect 1150 crore rupee from the market, and pay there debt of 632 crore rupee in this collecting amount through IPO, while the remaining money will be spent on the expansion plan. The company used the money to open new stores, coffee bean roasting plant and the construction of vending machines.
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Source: moneycontrol.com
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