Incorporated in 1995, Varun Beverages Ltd is franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo in India and internationally. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.The company produces and distributes a range of CSDs under the brands of Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Seven-Up Revive, and Evervess.
Company also produces and distributes NCBs under the brands of Tropicana Slice; Tropicana Frutz (Lychee, Apple and Mango); and Nimbooz, as well as packaged drinking water under the brand Aquafina. In addition, the company has the franchise for Ole brand of PepsiCo products in Sri Lanka. Visit chittorgarh.com for more detail.They sells its products to retail outlets, including e-commerce, supermarkets, hypermarkets, convenience stores, bars, and restaurants, as well as to grocery stores through distributors. As of April 30, 2016, they operated 16 production facilities across India and five production facilities in their international licensed territories.
1. Demonstrated ability to grow Sales Volumes
2. Strategically located large and technologically advanced production capabilities
3. Wide spread and integrated sales and distribution network that ensures effective market penetration
4. Significant markets with high growth potential
5. Creating value through alignment with PepsiCo
The promoters of the company are:
1. RJ Corp Ltd
2. Ravi Kant Jaipuria
3. Varun Jaipuria
4. Ravi Kant Jaipuria & Sons (HUF)
|Particulars||For the year/period ended (in Rs. Million)|
|Profit After Tax (PAT)||870.38||(201.56)||(395.30)||251.08|
The object of the issue are to:
1. Prepayment or scheduled repayment of a portion of outstanding indebtedness availed by the Company; and
2. General corporate purposes.
»» Issue Open: Oct 26, 2016 - Oct 28, 2016
»» Issue Type: Book Built Issue IPO
»» Issue Size: 25,000,000 Equity Shares of Rs 10 aggregating up to Rs 1,112.50 Cr
› Fresh Issue of 25,000,000 Equity Shares of Rs 10 aggregating up to Rs 1,112.50 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 440 - Rs 445 Per Equity Share
»» Market Lot: 33 Shares
»» Minimum Order Quantity: 33 Shares
»» Listing At: BSE, NSE
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||4,900,000||3,675,000||8,575,000||500,000||17,650,000|
|Day 1 - Oct 26, 2016 17:00 IST||0.8800||0.1800||0.1100||0.0000||0.3400|
|Day 2 - Oct 27, 2016 17:00 IST||2.9500||0.2100||0.3100||0.0200||1.0100|
|Day 3 - Oct 28, 2016 17:00 IST||4.9400||0.4200||0.8200||0.0500||1.8600|
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