Cafe Coffee Day planning IPO to raise 11.5 billion rupees

Q.  Name the Indian coffee chain that is planning an IPO to raise 11.5 billion rupees?
- Published on 21 Jun 15

a. StarBucks
b. Barista Coffee
c. Cafe Coffee Day
d. Super Coffee

ANSWER: Cafe Coffee Day
 
The Cafe Coffee Day, has filed a draft prospectus with SEBI for an initial public offering to raise as much as 11.5 billion rupees ($181 million). The application process with the Securities and Exchange Board of India (SEBI) could take two to three months.

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