http://myinvestmentideas.com/2015/10/coffee-day-enterprises-ipo-should-you-invest/
Good analysis above. Not analyzed the numbers myself but the link says company has been in net loss over the past 3 years. Assuming the numbers are correct, no way I'll risk my money in a unprofitable business again! + Dividend is out of the picture.
People who want to make highly speculative bets can surely go ahead and invest!
I'll stick to Charlie Munger's philosophy -
"It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent. There must be some wisdom in the folk saying, ‘It’s the strong swimmers who drown.’
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