Must know facts about Varun Beverages IPO

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Varun Beverages is set to be listed on the BSE and NSE with its IPO in coming days. Check for price band and dates of Varun Beverages IPO along with company profile, Allotment Status, Listing Dates, and various other important and relevant details. They have already filed an Red Herring Prospectus and received the nod for the same from SEBI. The IPO is expected in first week of October. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs.

Equity shares offering by the bank aggregating up to 15,000,000 (The fresh Issue) and an offer for sale of up to 10,000,000 shares. Equity shares comprising 5,000,000 equity shares by Varun Jaipuria and up to 5,000,000 Ravi Kant Jaipuria & Sons (HUF). The firm is planning to raise Rs. 1000 crore through the issue.

Company profile:

The Company was incorporated as on June 16, 1995 based in Delhi, India. It is engaged into the business of carbonated soft drink and Non- carbonated beverages. It is a franchisee bottler for PepsiCo Inc. The firm is second the largest bottler franchisee of the world after Tingyi Holdings Corp of China. Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Seven-Up Revive and Evervess are some of the products which is sold under the brand name Pepsico as a carbonated soft drink by the comapny. Non carbonated beverages include the products like Tropicana Slice, Tropicana Frutz (Lychee, Apple and Mango), Nimbooz as well as packaged drinking water under the brand Aquafina.

The company is widely spread across 17 states and two Union Territories in India as per the record of 31,2016. It is also set as a Pepsico Franchise in global markets i.e. Nepal, Sri Lanka, Morocco, Mozambique and Zambia. The company is planning to have its set up such territory in Zimbabwe as well.

Outlook of the Firm:

Trained and Focused to increase sales volume
Occupy with large and technologically advanced production capabilities
Robust sales and Networking channel to cover the markets
Available with high growth potential in the market
Creating value of alignment with PepsiCo
Focus on operational quality and scalability
Strong shareholder and Promoters
Experienced and professional management team

Objects Of The Issue:

To raise the capital base to repayment of loans or debts.
General Corporate Purpose.

Summary Of Issue: Varun Beverages IPO

Issue Open:-	Oct 26 – Oct 28, 2016
Issue Type	Book Build Issue IPO
Issue Size (Shares)	[25,000,000]Equity Shares of Rs. 10
Issue Size in (Value)	~1112.50 crore
Face Value	Rs.10 Per Equity Share
Issue Price	Rs. 440-Rs. 445 Per Equity Shares
Market lots	33 Shares
Minimum Order Quantity	33 Shares
Listing At	BSE, NSE

The Public offer includes:- 25,000,000 Equity Shares

Particular	Number Of Equity Shares
Fresh Issue of	Equity Shares aggregating up to Rs. 15,000,000
Offer For sale of	Up to 10,000,000 Equity Shares

Subscription Details for Varun Beverages IPO

All Figs in No. of Times

	Shares Offered/Reserved	-2016	-2016	-2016
QIB
NII
RII
Total

Important dates for Varun Beverages IPO Allotment Status

The Allotment date for Varun Beverages IPO issue is expected to be on Nov 02, 2016
The amount will get unblocked on Nov 03, 2016
The Shares are expected to credited in DP accounts on Nov 04, 2016
The Shares of Varun Beverages are likely to be listed on Nov 07, 2016 on both BSE and NSE.

Varun Beverages IPO Allotment Status

Varun Beverages IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

one can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

Click on the given link See Allotment Status here
Go to Application Status
Select IPO as Varun Beverages IPO
Enter you PAN Number or Application Id or DP Client Id.

It takes little time to fetch information so you need to be little patient.

Varun Beverages IPO Listing Date

The Shares of Varun Beverages are likely to be listed —,2016 on both BSE and NSE.

Promoters Of the Company:

1. RJ Corp Limited : The firms holds 45,387,415 Equity Shares in the company.

2. Ravi kant Jaipuria: He is 61 years old. He is designated as a Chairman of the firm.

3. Varun Jaipuria:- He is 28 years old. He is Whole time Director of the firm.

4. Ravi Kant Jaipuria & Sons(HUF): It was established in March 31,1979. The members of the company are Ravi kant Jaipuria, Dhara Jaipuria and Varun Jaipuria. It holds 44,187,870 equity shares of the firm.

Financials of Varun Beverages:

Particulars	For the year/Period ended (Rs. in Million)
Financial Year	31-Dec-15	31-Dec-14	31-Dec-13	31-Dec-12
Total Liabilities	44374.50	32950.08	29893.68	25548.04
Total Assets	44374.50	32950.08	29893.68	25548.04
Total Revenue	34084.30	25170.96	21325.03	18441.90
Total Expenses	32462.88	25133.21	21780.93	18233.41
Profit After Tax (PAT)	855.21	(210.37)	(403.72)	251.10