Cafe Coffee Day Files Papers for Rs 1,150 Crore IPO: Report

Mumbai: The firm behind Cafe Coffee Day, India's biggest homegrown coffee chain, has filed a draft prospectus with regulators for an initial public offering (IPO) to raise as much as Rs 1,150 crore ($181 million). Kotak Mahindra Bank, Morgan Stanley and Citigroup are among the underwriters for the IPO, the draft prospectus said. India's biggest cafe operator opened its first shop in 1996 and has grown to more than 1,500 outlets as ...