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Varun Beverages Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,112.50 cr

Price Range (₹)

445

Lot Size

33

Min Investment (₹)

14,685.00

Listing Exchange

MumbaiNSE

Open Date

26-Oct-2016

Close Date

28-Oct-2016

Listing Date

08-Nov-2016

Latest IPO News

    The Shares of Varun Beverages Ltd have now been listed.

    Varun Beverages Ltd IPO Details

    Public offer of 25,000,000 equity shares of face value of Rs. 10 each (equity shares) of Varun Beverages Limited (The company or the issuer) for cash at a price of Rs. 445 per equity share (including a share premium of Rs. 435 per equity share) aggregating up to Rs. 1112.50 Crores (The offer) consisting of a fresh issue of up to 15,000,000 equity shares aggregating up to Rs. 667.50 Crores (the fresh issue) and an offer for sale of up to 5,000,000 equity shares by varun jaipuria aggregating up to Rs. 222.50 Crores and up to 5,000,000 equity shares by Ravi Kant Jaipuria & Sons (HUF) aggregating up to Rs. 222.50 crores (Offer for sale, and Varun Jaipuria and Ravi Kant Jaipuria & Sons (HUF) collectively, the selling shareholders). The offer comprises a net offer to the public of 24,500,000 equity shares (The Net offer) and a reservation of 500,000 equity shares aggregating up to Rs. 222.50 Crores for subscription by eligible employees (as defined herein), not exceeding 5% of the post offer paid up equity share capital (The Employee reservation portion). The offer will constitute 13.47% of the post offer paid-up equity share capital and the Net offer will constitute [*] % of the post offer paid-up equity share capital.The offer price: Rs.445 per equity share of face value of Rs.10 each.The offer price is 44.50 times the face value.

    Objective of issue

    Prepayment or scheduled repayment of a portion.

    Varun Beverages Ltd Contact Details

    Varun Beverages Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - complianceofficer@rjcorp.in

    Website - https:, www.varunbeverages.com