Cafe Coffee Day owner to launch India's biggest IPO on Oct 14

October 07, 2015 10:34

The company behind Cafe Coffee Day, India's biggest coffee chain, will launch an initial public offering next week, aiming to raise up to $176 million in the country's biggest IPO in nearly three years.India has seen fewer IPOs in the last few years because of volatile markets and slowing economic growth, and the response of foreign and local investors to this offering will be a test of appetite for new issues in the current unsettled climate.

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