Almost 15 years later, Siddhartha established a successful coffee business in Karnataka. He grows coffee in Chikmagalur and exports about 28,000 tonnes of coffee annually and sells another 2,000 tonnes locally for about Rs 350 million each year. His coffee growing and trading company, Amalgamated Bean Company (ABC), has an annual turnover of Rs 25 billion. Siddhartha now has 200 exclusive retail outlets selling his brand of Coffee Day powder all over South India. ABC is India''s largest exporter of green coffee.
He owns 12,000 acres (4047 ha) of coffee plantations.1
He started his coffee trading company ABC in 1993, with a Rs 60 million turnover. His company grew gradually. He bought an ailing coffee curing unit in Hassan for Rs 40 million and turned it around. Now, his company has a curing capacity of 75,000 tonnes, which is the largest in the country.2
Siddhartha was awarded the Entrepreneur of the year title in 2003 by The Economic Times for "crafting a successful pan Indian brand for a commodity business and giving Indian consumers a new lifestyle experience that is within reach of the common man".
Even Listing Gain Less hold for few Years, (Real Estate,Logistics, IT Parks, various other Investments) will give good returns over the period. And Consumption Capacity in Indian Youth is increasing.
CCD Premium in Rajkot is 20 /-. Will give you extremely good returns like Jubilant Foodworks (Domino Pizza) if you hold on. With the money collected, its interest cost will come down and also it is closing down outlets which are not profitable.
Based on current market situation and interglobe ipo tepid response it seems that ccd will make his way for good listing.all who applied at cut off got full shares.best of luck.
Hi Guys, For those who want to know allotment status when Link Intime India Private Ltd is IPO registrar: http://www.linkintime.co.in/publicissues/default.aspx
CCD allotment is not available yet.
But i recieved an email from Link Intime about my allotment status yesterday night since i have registered with them through their app.
If you have applied at cutoff price in retail segment, you will be alloted all the shares that you have applied for. No need to worry about allotment status.