Varun Beverages IPO Subscription Details

Bookbuilding IPO | ₹1,113 Cr | Listed at BSE, NSE | Wed, Oct 26, 2016 - Fri, Oct 28, 2016

Basis of Allotment - Varun Beverages IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)49,00,00073,50,0001,22,50,00036,75,00085,75,0005,00,0002,50,00,000
Allotment price (Rs.)445445445445445445445
No.of applications3518531111,44,723961,44,983
No.of shares applied2,41,84,94177,06,2263,18,91,16712,43,93563,19,03824,1563,94,78,296
Amount collected (Rs.cr.)1,076.23 342.93 1,419.16 55.36 281.20 1.07 1,756.78
No.of times subscribed4.941.052.600.340.740.051.58
No.of shares allotted1,00,62,87173,50,0001,74,12,87112,43,93563,19,03824,1562,50,00,000
Amount (Rs.cr.)447.80 327.08 774.87 55.36 281.20 1.07 1,112.50
No.of allottees3518531111,44,723961,44,983

IPO Shares Offered

Varun Beverages IPO is a public issue of 2.50 Cr equity shares. The issue offers 0.86 Cr shares to retail investors, 1.23 Cr shares to qualified institutional buyers, and 0.37 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,22,50,000545.13 49.00%
    Anchor 73,50,000 327.08 29.40%
    QIB (Ex Anchor) 49,00,000 218.05 19.60%
NII 36,75,000163.54 14.70%
Retail85,75,000381.59 34.30%
Employee5,00,00022.25 2.00%
Total2,50,00,0001,112.50 100%

Varun Beverages IPO Anchor Investor Allocation

A total of 73,50,000 shares at a price of Rs 445 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 25, 2016
Anchor investor price₹445.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days36,75,000
No. of shares locked-in for 90 days36,75,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 SMALLCAP WORLD FUND,INC. SMALLCAP WORLD FUND 14,76,816 65.72 20.09 5.91
2 AMERICAN FUNDS INSURANCE SERIES-GLOBAL SMALL CAPITALIZATION FUND AMERICAN FUNDS INSURANCE SERIES 4,92,228 21.90 6.70 1.97
3 ABU DHABI INVESTMENT AUTHORITY-MERLION ABU DHABI INVESTMENT 8,81,661 39.23 12.00 3.53
4 MORGAN STANLEY MAURITIUS CO.LTD. MORGAN STANLEY 1,49,928 6.67 2.04 0.60
5 MERRILL LYNCH MARKETS SINGAPORE PTE.LTD. MERRILL LYNCH 5,99,742 26.69 8.16 2.40
6 NORDEA FAR EAST FUND NORDEA 1,98,792 8.85 2.70 0.80
7 NORDEA 1,SICAV-ASIAN FOCUS EQUITY FUND NORDEA 1,12,497 5.01 1.53 0.45
8 NORDEA INTERNATIONAL FUND ASIAN SUB-FUND NORDEA 1,63,713 7.29 2.23 0.65
9 INVESTERINGSFORENINGEN NORDEA INVEST FJERNOSTEN INVESTERINGSFORENINGEN 1,42,494 6.34 1.94 0.57
10 NORDEA 1,SICAV-EMERGING STARS EQUITY FUND NORDEA 8,82,189 39.26 12.00 3.53
11 WASATCH EMERGING INDIA FUND WASATCH 2,53,407 11.28 3.45 1.01
12 CHENNAI 2007 CHENNAI 2007 2,53,407 11.28 3.45 1.01
13 STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL STICHTING 9,56,637 42.57 13.02 3.83
14 SUNDARAM MID CAP FUND SUNDARAM MUTUAL FUND 5,05,560 22.50 6.88 2.02
15 SUNDARAM VALUE FUND SUNDARAM MUTUAL FUND 1,79,784 8.00 2.45 0.72
16 SUNDARAM CONSUMPTION FUND SUNDARAM MUTUAL FUND 56,199 2.50 0.76 0.22
17 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 22,473 1.00 0.31 0.09
18 SUNDARAM MONTHLY INCOME PLAN SUNDARAM MUTUAL FUND 22,473 1.00 0.31 0.09
73,50,000327.0810029.40

IPO Subscription FAQs

The Varun Beverages IPO is subscribed 1.8587002266289 times by Oct 28, 2016 17:00.

Varun Beverages IPO Subscription

Investor Category Subscription (times)
Qualified Institutional4.94000571428571
Non Institutional0.420002448979592
Retail Individual0.820000932944606
Employee Reservations0.050028
Total Subscription1.8587002266289

Retail category of Varun Beverages IPO subscribed 0.820000932944606 times as of date Oct 28, 2016 17:00. The public issue closes on Fri, Oct 28, 2016 for bidding.

An investor can apply in Varun Beverages IPO online via bank (using ASBA) or the broker (using UPI). The Varun Beverages IPO shares are offered online only.

The Varun Beverages IPO is subscribed 1.8587002266289 times by Oct 28, 2016 17:00.

The Varun Beverages IPO allotment status is expected on or around Thursday, November 3, 2016. Visit Varun Beverages IPO allotment status to check.

The Varun Beverages IPO listing date is November 8, 2016. The equity share of Varun Beverages IPO will list on BSE, NSE.

Visit Varun Beverages IPO subscription status page for real-time bidding information about Varun Beverages IPO.

Varun Beverages IPO Timetable

IPO opens OnWednesday, October 26, 2016
IPO Closes OnFriday, October 28, 2016
Finalisation of Basis of AllotmentThursday, November 3, 2016
Initiation of RefundsFriday, November 4, 2016
Credit of Shares to Demat AccountMonday, November 7, 2016
IPO Listing DateTuesday, November 8, 2016
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