I hugely admire V G Siddhartha of Cafe Coffee Day.
With his inheritance (he comes from a prominent family of coffee plantation owners) and his political influence (his wife is former Karnataka CM’s S M Krishna’s daughter), he could afford to live the good life without busting his chops.
But instead his entrepreneurial energy drove him to start multiple businesses creating jobs,brands and wealth.
Coffee Day Enterprises Limited (parent company of Cafe Coffee Day) is coming out with its IPO next week with the price band in the range of Rs.316-Rs.328
Six months back,on March 02,2015, the Company had placed shares with India’s most prominent investors at Rs.362.5 per share (Adjusting for bonus)
The list of investors with the amounts invested is shown below:
| Entity | # of Shares (Pre-Bonus) | Amount Invested (In Crores) |
| Nandan Nilekani | 258620 | 75.00 |
| Rare Enterprises (Rakesh Jhunjhunwala) | 34482 | 10.00 |
| Derive Investments (Radhakishan Damani) | 34482 | 10.00 |
| Ramesh Damani | 10344 | 3.00 |
| Ketan Sheth | 6896 | 2.00 |
Some stuff I am reading today morning:
India is the world’s fastest growing economy (Mint)
Cafe Coffee Day sets price band for IPO (ET)
Are fund benchmarks flawed? (VRO)
Reflections on seed investing (Haywire)
Decline in profit margins signals a recession (BI)
Inside Steve Cohen’s ‘Academy’ (BI)
Risky strategy sinks small hedge fund (Dealbook)
A global recession is coming (Bill Bonner)
Retirement blues-beyond money (Bala)
How two guys lost God and made $40 Million (Bloomberg)