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Varun Beverages Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹445
Per Share
GMP
NIL
Grey Market
Est. Listing
₹445
Expected Price
Min. Application
₹29,370
2 lots × 33 shares
IPO Issue Details
Issue Price / Price Band₹445 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size33 Shares per Lot
Total Issue Size2,50,00,000 shares (aggregating up to ₹1,112.50 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 26 Oct 2016
Subscription CloseFri, 28 Oct 2016
Anchor AllotmentTue, 25 Oct 2016
Basis of AllotmentThu, 03 Nov 2016
Initiation of RefundsFri, 04 Nov 2016
Credit of Shares to DematMon, 07 Nov 2016
Listing DateTue, 08 Nov 2016
UPI Mandate Deadline2016-10-28
Application & Investment Details
Retail — Min (1 Lots)₹14,685 — 33 shares
Retail — Max (13 Lots)₹190,905 (13 Lots)
HNI — Min (14 Lots)₹2,05,590 — 462 shares
Pre-IPO Promoter Holding16,69,51,525 shares
Post-IPO Promoter Holding18,19,51,525 shares
Fresh Issue Shares1,50,00,000 shares (aggregating up to ₹667.50 Cr)
Offer for Sale Shares1,00,00,000 shares of ₹10 (aggregating up to ₹445.00 Cr)
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 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 Volumes2. Strategically located large and technologically advanced production capabilities3. Wide spread and integrated sales and distribution network that ensures effective market penetration4. Significant markets with high growth potential5. Creating value through alignment with PepsiCo

Objects of the Issue

Varun Beverages Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Prepayment or scheduled repayment of a portion of outstanding indebtedness availed by the Company
540.00
2
2 General corporate purposes
99.94
Shareholding & Lock-in
Pre-IPO Promoter Holding 16,69,51,525 shares
Post-IPO Promoter Holding 18,19,51,525 shares
Lock-in Period (30%)December 3, 2016
Lock-in Period (50%)February 1, 2017
Check AllotmentCheck Status →
Varun Beverages Ltd. — Live Price LIVE
₹445.00
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Issue ₹445.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹445
GMPNIL
Est. Listing₹445
Lot Size33 shares
Min Amount₹29,370
Listing Date08 Nov 2016
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹445
Listing Date08 Nov 2016
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 25,000,000 100.00% ₹1,112.50 Cr
* Based on ₹445.00 (upper price band)
Lot Size & Investment Details
Lot Size
33
Shares
Issue Price
₹445.00
Per Share
Min Investment
₹14,685
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 33 ₹14,685
Retail (Max) 13 429 ₹190,905
sNII (Min) 14 462 ₹205,590
bNII (Min) 69 2,277 ₹1,013,265
Company Financials — Restated Consolidated (Amount In Crore)
Particulars31-Dec-1531-Dec-1431-Dec-13
Revenue from Operations 3408.43 2517.10 2132.50
EBITDA N/A N/A N/A
Profit After Tax (PAT) 87.04 20.16 39.53
Net Worth N/A N/A N/A
Total Assets 4437.45 3295.01 2989.37
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹445
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Varun Beverages Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
F - 2/7, Okhla Industrial Area, Phase I New Delhi - 110020 New Delhi, New Delhi
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