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- by bloombergquint.com
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Cafe Chain Tea Post Files Draft Papers For IPO
Gujarat-based cafe chain, Tea Post, filed its draft red herring prospectus for an initial public offering on June 10. The offering consists of a fresh issue of 1.42 crore equity shares and an offer for sale of another 1.42 crore shares. The total issue size is of 2.85 crore equity shares. Shares of Tea Post will be listed on both the BSE and NSE.