Varun Beverages Limited
26 Oct 2016 – 28 Oct 2016
LISTED
Offer Price
₹440–445
Bid lot
33
Min Application
₹14,685
Issue Size
₹1,113 Cr
Key dates
Open date
26 Oct 2016
Done
Close date
28 Oct 2016
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
08 Nov 2016
Today
Issue reservation
₹1,113 CrQIB 50%Retail 35%5%
QIB
1.25 Cr sh · ₹556.50 Cr
Retail
87.5 L sh · ₹389.55 Cr
Employee
12.5 L sh · ₹55.65 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · CLSA India Private Limited · YES Securities (India) Limited
Lot ladder — how much to bid
1 lot = 33 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
33 sh · ₹14,685
Max · 13 lots
429 sh · ₹1,90,905
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
462 sh · ₹2,05,590
Max · 68 lots
2,244 sh · ₹9,98,580
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,277 sh · ₹10,13,265
Entry point
₹10,13,265 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, CLSA India Private Limited, YES Securities (India) Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
3.07×
0×1×2×3×+
Oversubscribed
Book₹1,002 Cr
Subscribed₹3,071 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,25,05,618₹556.50 Cr | 6,17,77,753₹2,749 Cr | 4.94× |
| HNI | 37,51,685₹166.95 Cr | 15,75,708₹70.12 Cr | 0.42× |
| Retail | 87,53,933₹389.55 Cr | 71,78,225₹319.43 Cr | 0.82× |
| Employee | 12,50,562₹55.65 Cr | 62,528₹2.78 Cr | 0.05× |
| Total | 2,25,10,113₹1,002 Cr | 6,90,18,506₹3,071 Cr | 3.07× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 2,749.11 |
| HNI | 70.12 |
| Retail | 319.43 |
| Employee | 2.78 |
| Total | 3,071.32 |
Amounts at the upper band (₹445). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Varun Beverages Limited IPO?
One lot of 33 shares — ₹14,685 at the upper price band of ₹445.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2016-11-08 on NSE.