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Varun Beverages Ltd IPO (Varun Beverages IPO) Detail

October 26, 2016 - October 28, 2016

Varun Beverages IPO is a book built issue of Rs 1,112.50 crores. The issue is entirely a fresh issue of 2.5 crore shares.

Varun Beverages IPO bidding started from October 26, 2016 and ended on October 28, 2016. The allotment for Varun Beverages IPO was finalized on Thursday, November 3, 2016. The shares got listed on BSE, NSE on November 8, 2016.

Varun Beverages IPO price band is set at ₹440 to ₹445 per share. The minimum lot size for an application is 33 Shares. The minimum amount of investment required by retail investors is ₹14,685.

Axis Capital Limited, Clsa India Private Limited, Kotak Mahindra Capital Company Limited and Yes Bank Limited are the book running lead managers of the Varun Beverages IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Varun Beverages IPO RHP for detailed information.

Varun Beverages IPO Details

IPO Date October 26, 2016 to October 28, 2016
Listing Date November 8, 2016
Face Value ₹10 per share
Price Band ₹440 to ₹445 per share
Lot Size 33 Shares
Total Issue Size25,000,000 shares
(aggregating up to ₹1,112.50 Cr)
Fresh Issue25,000,000 shares
(aggregating up to ₹1,112.50 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Varun Beverages IPO Reservation

Varun Beverages IPO offers 17,650,000 shares. 4,900,000 (27.76%) to QIB, 3,675,000 (20.82%) to NII, 8,575,000 (48.58%) to RII, 500,000 (2.83%) to employees. 259,848 RIIs will receive minimum 33 shares and (sNII) and (bNII) will receive minimum 462 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered4,900,000 (27.76%)NA
NII (HNI) Shares Offered3,675,000 (20.82%)
Retail Shares Offered8,575,000 (48.58%)259,848
Employee Shares Offered500,000 (2.83%)NA
Total Shares Offered17,650,000 (100%)

Varun Beverages IPO Timeline (Tentative Schedule)

Varun Beverages IPO opens on October 26, 2016, and closes on October 28, 2016.

IPO Open Date Wednesday, October 26, 2016
IPO Close Date Friday, October 28, 2016
Basis of Allotment Thursday, November 3, 2016
Initiation of Refunds Friday, November 4, 2016
Credit of Shares to Demat Monday, November 7, 2016
Listing Date Tuesday, November 8, 2016
Cut-off time for UPI mandate confirmation 5 PM on October 28, 2016

Varun Beverages IPO Lot Size

Investors can bid for a minimum of 33 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 33 ₹14,685
Retail (Max) 13 429 ₹190,905
Lot Size Calculator

About Varun Beverages Ltd

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, 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 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 (Varun Beverages IPO Objectives)

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 Review (May apply)

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

Varun Beverages IPO Subscription Status (Bidding Detail)

The Varun Beverages IPO is subscribed 1.86 times on October 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)

Varun Beverages IPO Prospectus

Varun Beverages IPO Rating

Rating:Rated 3.8 stars
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Varun Beverages IPO Listing Details

Listing Date November 8, 2016
BSE Script Code 540180
NSE Symbol VBL
ISIN INE200M01013
Final Issue Price ₹445 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Varun Beverages Ltd Contact Details

Varun Beverages Ltd
F - 2/7, Okhla Industrial Area,
Phase I
New Delhi - 110020
Phone: +91 11 41706720

Varun Beverages IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

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 October 26, 2016, and closes on October 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 October 26, 2016 and closes on October 28, 2016.

Varun Beverages IPO lot size is 33 Shares, and the minimum amount required is ₹14,685.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Varun Beverages IPO will be done on Thursday, November 3, 2016, and the allotted shares will be credited to your demat account by Monday, November 7, 2016. Check the Varun Beverages IPO allotment status.

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



605. IPOANALYSIS |   Link |  Bookmark |November 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
605.1. AKH |   Link |  Bookmark |December 4, 2016 7:06:47 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Then why don''t u invest your money there
604. IPOANALYSIS |   Link |  Bookmark |November 17, 2016 12:01:58 AM



603. rvr |   Link |  Bookmark |November 11, 2016 2:09:45 PM
very strong share...FII holding heavily...see the price after 700 points market down
603.1. Rounak |   Link |  Bookmark |November 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.
603.2. gamble |   Link |  Bookmark |November 15, 2016 7:58:54 PM (1600+ Posts, 3900+ Likes)
VBL preparing itself for a good downside ...
But in positive mkt....!!
602. gamble |   Link |  Bookmark |November 10, 2016 9:14:04 AM (1600+ Posts, 3900+ Likes)
Today''s not day for newbie PNBHF,VARUN......!!

602.1. gamble |   Link |  Bookmark |November 10, 2016 8:12:00 PM (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
601. VALUE INVESTOR |   Link |  Bookmark |November 9, 2016 9:04:45 AM (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.
600. CHD |   Link |  Bookmark |November 9, 2016 8:31:12 AM (1100+ Posts, 500+ Likes)
Ab lelo jitne lenen hain ..... @ 420 ...!
599. IPOCOP |   Link |  Bookmark |November 8, 2016 10:28:32 PM
see my post no.377 dt.27-9-2016
Advice members
Don''t withdraw your applications...
Its consumption Manpasand, prabhat dairy parag milk...
Definitely gives returns on firm allotments...
Holding 4 lots...will sell on 500...
598. Sreedhar R |   Link |  Bookmark |November 8, 2016 9:03:15 PM
Aaj hua 500 or 1000 Rupaye noto ka Bhadaka.
Kal hoga Market mein Dhadaka !


Long live Modi !
597. Final destination |   Link |  Bookmark |November 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.
596. Vrix |   Link |  Bookmark |November 8, 2016 6:32:59 PM
Should I buy varun bewereges after listinng at a price of 468?
595. Lalitha |   Link |  Bookmark |November 8, 2016 5:48:01 PM
I have one lot vb
Advise me can i hold or sell it
594. Nidhike |   Link |  Bookmark |November 8, 2016 3:37:27 PM (300+ Posts, 500+ Likes)
Varun deserve to be traded above 500 ....still undervalued IMO.
593. H Sharma |   Link |  Bookmark |November 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.
593.1. Radhika |   Link |  Bookmark |November 8, 2016 3:43:06 PM
Check on below link
592. Shreeji |   Link |  Bookmark |November 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.
592.1. AKH |   Link |  Bookmark |November 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
591. JAI MATA DI |   Link |  Bookmark |November 8, 2016 1:30:10 PM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
590. CHD |   Link |  Bookmark |November 8, 2016 1:19:36 PM (1100+ Posts, 500+ Likes)
Doomsayers knocked out , once again ....!
589. Praveen Prasad |   Link |  Bookmark |November 8, 2016 1:17:44 PM
Currently @466/- , not bad!
588. Kappu |   Link |  Bookmark |November 8, 2016 1:00:16 PM
I m holding...I will hit 600 in a month
588.1. AKH |   Link |  Bookmark |November 8, 2016 1:02:41 PM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
May your dreams come true
587. Raviraj |   Link |  Bookmark |November 8, 2016 12:49:22 PM
Trading @ 466 & still hold 1 lot. what to do?
587.2. Sunil Patel |   Link |  Bookmark |November 8, 2016 1:02:29 PM (400+ Posts, 200+ Likes)
Keep it for long term.
587.3. Praveen Prasad |   Link |  Bookmark |November 8, 2016 1:22:04 PM
@Sunil, -I second your opinion. Should be held on for the time being..
586. Jayaram |   Link |  Bookmark |November 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."