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Varun Beverages Ltd IPO (Varun Beverages IPO) Detail

Oct 26, 2016 - Oct 28, 2016

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

Company Financials:

Summary of financial Information
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

Objects of the Issue:

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 Details

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 Size25,000,000 shares of ₹10
(aggregating up to ₹1,112.50 Cr)
Fresh Issue25,000,000 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
2. Ravi Kant Jaipuria
3. Varun Jaipuria
4. Ravi Kant Jaipuria & Sons (HUF)

Varun Beverages IPO Timeline (Tentative Timetable)

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

Varun Beverages IPO Lot Size

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

Varun Beverages IPO Review

As issue is aggressively priced, only risk savvy cash surplus investors may consider investment for long term. Read detail review...

New Varun Beverages IPO Recommendation by Members

Varun Beverages IPO Recommendations Details | Post Recommendation | Manage Recommendations

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Varun Beverages IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)
QIB4.94
NII0.42
Retail0.82
Employee0.05
Total1.86

Varun Beverages IPO Prospectus

Varun Beverages IPO Rating

902
3.8
Rating:Rated 3.8 stars
Vote Here ...

Varun Beverages IPO Listing Date

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

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹445.00
₹430.00
₹417.10
₹471.00
₹461.90
NSE
₹445.00
₹430.00
₹416.85
₹471.75
₹459.50

Company Contact Information

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

Varun Beverages IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Varun Beverages IPO FAQs

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.

The Varun Beverages IPO listing date is on Tuesday, November 8, 2016.
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Varun Beverages IPO Message Board

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1206 Comments

609. IPOANALYSIS |   Link |Nov 17, 2016 12:08:58 AM
congrats FM

Pakistan stock market at all time high.

Indian stock market near 52 week low .

and you guys talk about growth of india
609.1. AKH |   Link |Dec 4, 2016 7:06:47 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Then why don''t u invest your money there
608. IPOANALYSIS |   Link |Nov 17, 2016 12:01:58 AM
THIS STOCK IS GOING TO CRASH AND GO BELOW 350 RS SOON.

THIS QTR PROFIT WILL BE PATHETIC AND COMPANY SOON TO GO IN LOSSES AGAIN

STAY AWAY.

BRILLIANT SCHEME OF MR FM WOULD ADD TO ITS WOES
607. rvr |   Link |Nov 11, 2016 2:09:45 PM
very strong share...FII holding heavily...see the price after 700 points market down
607.1. Rounak |   Link |Nov 12, 2016 8:44:32 PM
Yes, it may give good returns.. Again request all the shareholders to hold and wsit for few more days.
607.2. gamble |   Link |Nov 15, 2016 7:58:54 PM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
VBL preparing itself for a good downside ...
But in positive mkt....!!
606. gamble |   Link |Nov 10, 2016 9:14:04 AM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Today''s not day for newbie PNBHF,VARUN......!!

606.1. gamble |   Link |Nov 10, 2016 8:12:00 PM
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Something strange.....!!

VBL,PNBHF showed their price movement same in trading ...i.e. ...if one increases other will follow ....!!

This Reminds me alkem lab and dr lal path
605. VALUE INVESTOR |   Link |Nov 9, 2016 9:04:45 AM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
varun is still good stock as it is recovering to its issue price in no time.
Speaks of its strength. Anyhow i again purchase today at 400 Rs for long term.
604. CHD |   Link |Nov 9, 2016 8:31:12 AM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Ab lelo jitne lenen hain ..... @ 420 ...!
603. IPOCOP |   Link |Nov 8, 2016 10:28:32 PM
Members
see my post no.377 dt.27-9-2016
Advice members
Don''t withdraw your applications...
Its consumption story..like Manpasand, prabhat dairy parag milk...
Definitely gives returns on firm allotments...
Holding 4 lots...will sell on 500...
602. Sreedhar R |   Link |Nov 8, 2016 9:03:15 PM
Aaj hua 500 or 1000 Rupaye noto ka Bhadaka.
Kal hoga Market mein Dhadaka !

:)

Long live Modi !
601. Final destination |   Link |Nov 8, 2016 7:00:50 PM
Thanks to all who said hold varun after listing in discount. Everyone was bullish for PNB as kostak was traded at good premium. But only few suggest to hold varun after discount listing. Even eagleeye didnt notify this thing.

This forum welcome these kind of advices.
600. Vrix |   Link |Nov 8, 2016 6:32:59 PM
Should I buy varun bewereges after listinng at a price of 468?
599. Lalitha |   Link |Nov 8, 2016 5:48:01 PM
I have one lot vb
Advise me can i hold or sell it
598. Nidhike |   Link |Nov 8, 2016 3:37:27 PM
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Varun deserve to be traded above 500 ....still undervalued IMO.
597. H Sharma |   Link |Nov 8, 2016 3:21:36 PM
Dear friends,
I have bid one lot of 33 shares @ cut off price in my Deemat account but i didnt get my allotment even when the ipo is subscribed 80% around in retail sector. Now how i find the application status which link or which website to see the details regarding same.
Take care and thanks in advance.
Himanshu
597.1. Radhika |   Link |Nov 8, 2016 3:43:06 PM
Check on below link
http://kosmic.karvy.com:81/ipotrack/
596. Shreeji |   Link |Nov 8, 2016 2:07:43 PM
I projected flat listing of VBL in post no.464. Today it is there.Now,all retail shares are gone to qib & hni a/c, you may see 620 level in a short.keep hold if not sold.happy gaining.
596.1. AKH |   Link |Nov 9, 2016 4:49:49 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
464 was not your post and till now you have posted just three msg which don''t contain msg for which you are talking about
595. JAI MATA DI |   Link |Nov 8, 2016 1:30:10 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
VBL TURNOVER NSE 1.6 CRORES SHARES AND BSE 0.49 CRORES. TRADING AT 468.5
594. CHD |   Link |Nov 8, 2016 1:19:36 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Doomsayers knocked out , once again ....!
593. Praveen Prasad |   Link |Nov 8, 2016 1:17:44 PM
Currently @466/- , not bad!
592. Kappu |   Link |Nov 8, 2016 1:00:16 PM
I m holding...I will hit 600 in a month
592.1. AKH |   Link |Nov 8, 2016 1:02:41 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
May your dreams come true
591. Raviraj |   Link |Nov 8, 2016 12:49:22 PM
Trading @ 466 & still hold 1 lot. what to do?
591.2. Sunil Patel |   Link |Nov 8, 2016 1:02:29 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Keep it for long term.
591.3. Praveen Prasad |   Link |Nov 8, 2016 1:22:04 PM
@Sunil, -I second your opinion. Should be held on for the time being..
590. Jayaram |   Link |Nov 8, 2016 12:05:10 PM
This is a phrase i liked in one of IPO review of Varun and it seems logical.

"If seen through valuations lens, it does not stand a chance; however, as exclusive bottler of PepsiCo and as a leading player to benefit from the untapped consumption, Varun Beverages may not be a bad investment decision."