Categories
IPO

Ambit:Avoid CCD IPO

[gview file=”http://alphaideas.in/wp-content/uploads/2015/10/Ambit-CCD.pdf”]

Categories
Observations

Marquee Pre-IPO Investors of Coffee Day

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

 

Categories
Anecdotes

What V G Siddhartha of Cafe Coffee Day learnt from Dhirubhai Ambani

One of Dhirubhai Ambani’s sayings was “Money lost can be earned again, but lost time is lost forever.

He truly lived by that as this anecdote shows:

V G Siddhartha of Cafe Coffee Day recounts the time he was in Mumbai and used to work in Tulsiani Chambers, Nariman Point, where Dhirubhai Ambani also had an office. “There was just one lift in the building which was mostly occupied. Every day at 9:30 a.m., Dhirubhai would climb up four floors in a suit and tie because he didn’t want to waste time waiting for the lift. And I used to wonder why the rest of us couldn’t do that.”from Forbes