Sebi is seeking clarification on the proposed Rs. 1,150-crore initial public offer (IPO) of Coffee Day Enterprises, according to reports.
Sebi reportedly said clarifications (are) awaited from lead manager for the proposed public issue.
The regulator had received the draft offer documents on June 26, says report.
As per the Draft Red Herring Prospectus (DRHP) filed with Sebi, the company plans to raise an estimated Rs. 1,150 crore.