Thursday, October 06, 2016

Varun Beverages IPO Price Band, Market Lot & Dates Details

Varun Beverages IPO is coming up on 26th October 2016 and closes on 28-October-2016. Varun Beverages is a carbonated soft drinks company which is produced different types of CSDs under the few popular brands. Their presence are retail market, supermarkets as well as online ecommerce market. Today Varun Beverages has covered domestic and international market and have large production facilities in India. The company is also connected with urban, semi-urban and rural markets. In around 17 states they are selling PepsiCo products with the high revenue target of 84.38%. This IPO is best for long & short term investment. Varun Beverages is powerful company with the label of PepsiCo brand and its grey market premium seems to be more high. Its positive invest for this issue so subscribe for this IPO for listing gains.

Varun Beverages Review:
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Varun Beverages IPO Dates & Price Band:
  • IPO Open: October 26, 2016 (Approx)
  • IPO Close: October 28, 2016
  • IPO Size: Approx - Rs. 1112 Crores (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 440 - Rs. 445  (Approx)
  • Listing on: BSE & NSE
Varun Beverages IPO Market Lot:
  • Shares: Apply for 33 Shares (Minimum Lot Size)
  • Amount: Rs. 14,685
Varun Beverages IPO Allotment & Listing: (Approx)
  • Basis of Allotment: 03-November-2016
  • Refunds: 04-November-2016
  • Credit to demat accounts: 07-November-2016
  • Listing: 08-November-2016
Varun Beverages Financial:
The financial condition of Varun Beverages is showing a strong growth as compare to two years. They have total assets of 44,374.50 million and total revenue of 34,084.30 million for the financial year end Dec 2015. As per the report around 44-45% of PepsiCo's sales covered by Varun Beverages in FY 2015. In last three years when compare to December 2014 company's growth in PAT is 87% up while Revenues up by 45%.

Company Promoters:
  • RJ Corp Ltd
  • Ravi Kant Jaipuria
  • Varun Jaipuria
  • Ravi Kant Jaipuria & Sons (HUF)
Quick Links:
DRHP Draft Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968

IPO Lead Managers:
  • Axis Capital Limited
  • Kotak Mahindra Capital Company Limited
Company Address:
Varun Beverages Ltd
F - 2/7, Okhla Industrial Area,
Phase I
New Delhi - 110020
Phone: +91 11 41706720
Fax: +91 124 4643303

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