Page 4 - Varun Beverages

Varun Beverages to acquire rights from PepsiCo India; stock surges 10%

The stock surged 10% to Rs 589, also its 52-week high on the BSE, on back of heavy volumes

Varun Beverages turns volatile after tepid listing

The stock moved higher to Rs 472 on NSE in intra-day trade, bouncing back 13% from its intra-day low of Rs 417.

Varun Beverages lists below issue price

The stock listed at Rs 430 on the National Stock Exchange , a 3.4% below its issue price of Rs 445 per share.

Varun Beverages IPO subscribed 1.8 times

The IPO comprises a new issue of 15 mn shares and an Offer for Sale of 10 mn shares by the existing promoters

Varun entirely lapped up

The company is a bottler for PepsiCo Inc and has set a price band of Rs 440-445 per share

Varun Beverages' IPO likely on Oct 26

The IPO size could be around Rs 1,200 cr

Varun Beverages, a PepsiCo franchisee, gets nod for IPO

Sources said Varun Beverages expects to raise more than Rs 1,000 crore through the IPO

PepsiCo bottler Varun Beverages files draft prospectus for IPO

Launch later this year, for over Rs 1,000 cr