CCD IPO Declared

[RahulR]

From last week I am receiving emails from HDFC Bank about investing in CCD. CCD Just declared its IPO. Need inputs is it profitable to investing in CCD?

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• Results for Licentiate and subjects 27, 67, 71, 78, 90, 92 has been declared

[Madhura]

Issue Open: Oct 14, 2015 - Oct 16, 2015
Issue Size: Rs. 1,150.00 Crore
Issue Price: Rs. 316 - Rs. 328 Per Equity Share

Many experienced analysts and brokerage houses recommended this IPO for only long term.

[Madhura]

Hem Securities : Avoid Coffee Day IPO
Angel Broking : Neutral on Coffee Day IPO as valuations are expensive
Ajcon Global : Avoid Coffee Day IPO
Sharekhan : Long term investment
Anand Rathi : Worth long term investment
ICICI Direct : Subscribe to Cafe Coffee Day IPO
Aditya Birla Money : Subscribe to Cafe Coffee Day IPO for long term

So Avoid or Invest for long term.

[RahulR]

Thanks Madhura, I will plan this for long term investment!