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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
| 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.
| Varun Beverages IPO Date | Oct 26, 2016 to Oct 28, 2016 |
| Varun Beverages IPO Face Value | ₹10 per share |
| Varun Beverages IPO Price | ₹440 to ₹445 per share |
| Varun Beverages IPO Lot Size | 33 Shares |
| Issue Size | 25,000,000 shares of ₹10 (aggregating up to ₹1,112.50 Cr) |
| Fresh Issue | 25,000,000 shares of ₹10 (aggregating up to ₹1,112.50 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | The promoters of the company are: 1. RJ Corp Ltd |
Varun Beverages IPO opens on Oct 26, 2016, and closes on Oct 28, 2016. The Varun Beverages IPO bid date is from Oct 26, 2016 10.00 A.M. to Oct 28, 2016 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| Event | Date |
|---|---|
| Varun Beverages IPO Opening Date | Oct 26, 2016 |
| Varun Beverages IPO Closing Date | Oct 28, 2016 |
| Basis of Allotment | Nov 3, 2016 |
| Initiation of Refunds | Nov 4, 2016 |
| Credit of Shares to Demat | Nov 7, 2016 |
| Varun Beverages IPO Listing Date | Nov 8, 2016 |
The Varun Beverages IPO 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 |
|---|---|---|---|
| Minimum | 1 | 33 | ₹14,685 |
| Maximum | 13 | 429 | ₹190,905 |
As issue is aggressively priced, only risk savvy cash surplus investors may consider investment for long term. Read detail review...
Varun Beverages IPO Recommendation by Members Varun Beverages IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
The Varun Beverages IPO is subscribed 1.86 times on Oct 28, 2016 5:00:00 PM. The public issue subscribed 0.82 times in the retail category, 4.94 times in the QIB category, and 0.42 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 4.94 |
| NII | 0.42 |
| Retail | 0.82 |
| Employee | 0.05 |
| Total | 1.86 |
| Listing Date | Tuesday, November 8, 2016 |
| BSE Script Code | 540180 |
| NSE Symbol | VBL |
| Listing In | |
| ISIN | INE200M01013 |
| IPO Price | ₹445 per share |
| Face Value | ₹10 per share |
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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
KFin Technologies Limited
Phone: 04067162222, 04079611000
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 share. The minimum order quantity is 33 Shares.
The IPO opens on Oct 26, 2016, and closes on Oct 28, 2016.
KFin Technologies 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 .
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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