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Varun Beverages IPO IPO

Mainline26 Oct 201628 Oct 2016
Open
26 Oct 2016
Close
28 Oct 2016
3
Allotment
Listing
Tue, Nov 8, 2016
Price Band
₹440 to ₹445
Issue Size
2,50,00,000 shares (agg. up to ₹1,113 Cr)
Lot Size
33 Shares
Listing Date
Tue, Nov 8, 2016
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Live Subscription

CategorySubscription (times)
Total1.58x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Prepayment or scheduled repayment of a portion of outstanding indebtedness availed by the Company540.00
2General corporate purposes99.94

About Varun Beverages IPO

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 a

Contact Details

Varun Beverages Ltd. AddressF-2/7, Okhla Industrial AreaPhase INew Delhi, New Delhi, 110020+91 11 41706720complianceofficer@rjcorp.inVisit Website