Coffee Day Enterprises shares, operator of India’s biggest coffee chain, opened at Rs 317 on NSE, below its initial public offering price of Rs 328 on its market debut on Monday. On BSE, shares of Coffee Day Enterprises opened at Rs 313.
At 10.08 am, Coffee Day Enterprises shares were trading at Rs 292.75 apiece. The scrip touched a high and low of Rs 318 and Rs 280.70, respectively, on BSE in trade so far.
Coffee Day had raised Rs 1,150 crore in the country’s second biggest IPO this year after Interglobe Aviation, parent company of the IndiGo airline.
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