Varun Beverages Ltd IPO Message Board (Page 26)

Varun Beverages Ltd
(Refer Page No 489 of RHP dated 15th Oct 2016)
25-Oct-16 – Participation by Anchor Investors
26-Oct-16 – Bid/Offer Opening Date
28-Oct-16 – Bid/Offer Closing Date
03-Nov-16 – Finalisation of Basis of Allotment
04-Nov-16 – Unblocking of Funds from ASBA Account
07-Nov-16 – Credit of Equity Shares to Demat Account
08-Nov-16 – Commencement of Trading on NSE/BSE

about 260000 Application for retail

There are other things to consider (atleast from long term perspective) for this IPO:

1. The government in all likelihood is going to impose demerit taxes on sugar drinks including carbonated drinks as part of the GST roll out. The rate might be as high as 40%. Coke had warned that this would lead to a reduction in overall demand and they will have to shut some factories. Not sure if this was so that government backs off or if was the reality
2. I am very skeptical of companies turning profitable a year or 2 before IPO. More often than not they have manipulated their books. So I will be extra careful before I apply.

This is neither a recommendation to apply nor to avoid. This is just to make sure we have a healthy debate. I have not yet decided on what i will do as I need to investigate a little more.

Regards,
Navneet

As no comparable listed peers, listing gain possible. Company seems to be following Jan-Dec period as accounting year.

Kostak rate in ahmedsbad for vb ipo?

Offer Period
      

Opens On : Wednesday, October 26, 2016

Closes On : Friday, October 28, 2016
      

Price Band
      

Rs.440/- to Rs.445/- per equity shares

Bid Lot
      

33 equity shares & multiple of 33 equity shares thereafter

Issue Size (In Shares)
      

Offer: 2,50,00,000 Equity Shares

Fresh Issue: 1,50,00,000 Equity Shares

Offer for Sale: 1,00,00,000 Equity Shares

Employee Reservation: 500,000 Equity Shares

Net offer: 2,45,00,000 Equity Shares
      
      
      

Issue Size (In Rs.)
      

Rs.1100 Crs. at Lower price band & Rs.1112.50 Crs. at upper price band
      

QIB
      

50 % of the Issue

NIB
      

15 % of the Issue

Retail
      

35 % of the Issue

So looked like Jaipuria sir convinced about my argument and logic n priced the IPO sensibly below 480....Just go for it!!!!!!

:)

Varun Beverages IPO,
Issue Period: 26-28 Oct2016,
Price Band: Rs 440/- to 445/-,
Lot:33 Shares,
Issue Size: 1100crs,
Retail :35%,

Retail is 10% or 35%?

Retail subscription 20+ times
HNI, Institutional inv 300+
Enjoy the lottery

http://www.moneycontrol.com/news/ipo-issues-open/varun-beverages-sets-rs-440-445share-range-for-ipo_7646621.html

At 445 it gives it a MC 8500 Cr 19 million plus outstanding shares post IPO which give it PE below 26 on NP of 325 Cr if get more conservative Nidhike analysis i get a PE of 28 annualised which IMO is fair price it will list at 500-550 given world class FMCG product with same kind of bottling unit in china are avaaible at 50 plus PE however much more big in size and also logistic issue. With GST Varun will benefit a lot also So this IPO is reasonably price with good growth world class product

I get a Fair price of 498 SO I AM GOING TO APPLY FOR THIS IPO

GUPA I GUESS U WILL NOW CHANGE UR VIEW ON VARUN FROM AVOID AVOID AVOID TO APPLY APPLY APPLY

H1 profit as per RHP 209 cr (H1 is 2/3rd of yearly sales)
H2 profit expected around 90-100 cr ( considering interest saving but lower sales n margin)

Thus yearly profit should be around 300 cr as Septa mentioned in above post ( septa calculation a bit bullish around 325cr :)

Septa sir, how is GST going to benefit Varun. Isn''t it going to kill the industry?

In the case of Varun ... I will be applying only if I can sell my applications in kostak

In the case of PNB ... I will be applying and not selling in kostak

Eagleye, still are you will stick to that strategy? Pls update if any changes?

Vb kostak rate in Ahmedabad?

Varun Beverages IPO

Dates 26 - 28 October
Price: 445
Size: 1100Crs.

440 - 445

Whether to apply for vb ltd or not

AABHI SAB IPOs DIWALI BAAD....

why ?

Technical buy ::

ONGC (CHART STRONG)
ABAN OFFSHORE
ICICI PRUDENTIAL
NOCIL
SRS LTD(RISKY)
INOX WIND (suggested @225/205/185)

Today...possible issue price.

any small cap u like ?

Kostak rate in Ahmedabad?

400-450 kostak

Orient beverages which is listed in Bse is doing work for bisleri
And for there juices also
Low equity of just 2cr
Available quit cheap(164)

My thoughts for varun is avoid

Listing & Fair Price rumor by the brokers 480 rs.

Good to Avoid