In FY15, Tata Starbucks\' loss narrowed to Rs 47 crore from Rs 51.87 crore a year ago. Over the past year, the coffee chain invested Rs 120 crore to expand India operations.
Coffee Day Enterprises\' IPO had received bids for 27.4 million shares, more than the 25.8 million shares on offer as of 1340 (0810 GMT), according to data from the exchanges.
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.