The company, which competes with global giant Starbucks in the fast-growing Indian consumer market, has fixed a price band of Rs 316-328 per share for its IPO.
The company is planning to raise Rs 1,150 crore through its maiden offering, making this the largest IPO in nearly three years. The IPO will open on Wednesday and close on Friday.
According to the spokesperson, over 70 per cent of the new stores would come in exciting cities where CCD is already present and rest would come up in new cities and highways.
As part of celebration CCD has organized a surprise for its patrons. Consumers stand a chance to win freebies and discounts along with a mega bumper prize for one lucky winner.
On October 25, the Mumbai Police had directed CCD to shut its doors to representatives of QNet, accused of involvement in Rs 425-crore fraud and its franchise.
The group is also planning to take its annual earnings to Rs 50 crore from the current earning which is 30 crore annually. IRCTC is also planning to open about 56 food outlets at Delhi Metro stations across New Delhi.