Varun Beverages Limited IPO
Varun Beverages Limited was a mainboard IPO in the Other Beverages sector, offered at ₹26.07–₹26.37 per share to raise ₹1,112 crore. The issue was subscribed 1.86× overall (QIBs 4.94×, NIIs 0.42×, retail 0.82×). It listed on 8 Nov 2016 at ₹25 and closed its first day at ₹27, a listing gain of +3.3% versus the ₹26.37 issue price. It now trades around ₹392 (+1386.5% versus the issue price).
Frequently asked questions
- How many times was the Varun Beverages Limited IPO subscribed?
- The Varun Beverages Limited IPO was subscribed 1.86× overall — 4.94× in the QIB category, 0.42× among non-institutional investors, 0.82× in retail.
- What were the Varun Beverages Limited IPO listing gains?
- Varun Beverages Limited listed on 8 Nov 2016 at ₹25, closing its first day at ₹27 — a listing gain of +3.3% versus the ₹26.37 issue price.
- What were the retail allotment odds for the Varun Beverages Limited IPO?
- Retail was subscribed 0.82×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 2 Nov 2016.
- What was the price band and lot size of the Varun Beverages Limited IPO?
- The price band was ₹26.07–₹26.37 per share, with a minimum lot of 33 shares (₹870 at the upper band).
- Who were the registrar and lead manager for the Varun Beverages Limited IPO?
- Karvy Computershare Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.