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.
Competitive Strengths:
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) | |||
|---|---|---|---|---|
| 31-Dec-15 | 31-Dec-14 | 31-Dec-13 | 31-Dec-12 | |
| Total Assets | 44,374.50 | 32,950.08 | 29,893.68 | 25,548.04 |
| Total Revenue | 34,084.30 | 25,170.96 | 21,325.03 | 18,441.90 |
| 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.
| IPO Opening Date | Oct 26, 2016 |
| IPO Closing Date | Oct 28, 2016 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹440 to ₹445 per equity share |
| Market Lot | 33 Shares |
| Min Order Quantity | 33 Shares |
| Listing At | BSE, NSE |
| Issue Size | 25,000,000 Eq Shares of ₹10 (aggregating up to ₹1,112.50 Cr) |
| Fresh Issue | 25,000,000 Eq Shares of ₹10 (aggregating up to ₹1,112.50 Cr) |
The Varun Beverages IPO open date is Oct 26, 2016, and the close date is Oct 28, 2016. The issue may list on Nov 8, 2016.
| IPO Open Date | Oct 26, 2016 |
| IPO Close Date | Oct 28, 2016 |
| Basis of Allotment Date | Nov 3, 2016 |
| Initiation of Refunds | Nov 4, 2016 |
| Credit of Shares to Demat Account | Nov 7, 2016 |
| IPO Listing Date | Nov 8, 2016 |
The Varun Beverages IPO market lot size is 33 shares. A retail-individual investor can apply for up to 13 lots (429 shares or ₹190,905).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 33 | ₹14,685 |
| Maximum | 13 | 429 | ₹190,905 |
The Varun Beverages IPO is subscribed 1.86x times on Oct 28, 2016 17:00. The public issue subscribed 0.82x in the retail category, 4.94x in the QIB category, and 0.42x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| QIB | 4.94x |
| NII | 0.42x |
| RII | 0.82x |
| Employee | 0.05x |
| Total | 1.86x |
| Listing Date | Tuesday, November 8, 2016 |
| BSE Script Code | 540180 |
| NSE Symbol | VBL |
| Listing In | |
| ISIN | INE200M01013 |
| IPO Price | ₹445 per equity share |
| Face Value | ₹10 per equity share |
|
|
|
Varun Beverages Ltd
F - 2/7, Okhla Industrial Area,
Phase I
New Delhi - 110020
Phone: +91 11 41706720
Email: complianceofficer@rjcorp.in
Website: http://www.varunpepsi.com
KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District,Nanakramguda, Serilingampally,
Rangareddi, Telangana India - 500 032.
Phone: 1-800-3454001
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Varun Beverages IPO is a main-board IPO of 25,000,000 equity shares of the face value of ₹10 aggregating up to ₹1,112.50 Crores. The issue is priced at ₹440 to ₹445 per equity share. The minimum order quantity is 33 Shares.
The IPO opens on Oct 26, 2016, and closes on Oct 28, 2016.
KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Varun Beverages IPO opens on Oct 26, 2016 and closes on Oct 28, 2016.
Varun Beverages IPO lot size is 33 Shares and the minimum order quantity is 33 Shares.
You can apply in Varun Beverages IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Varun Beverages IPO will be done on Nov 3, 2016, and the allotted shares will be credited to your demat account by Nov 7, 2016. Check the Varun Beverages IPO allotment status.
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