Though the listing environment for Varun doesn''t look good... a major positive is that most of the shares are already in stronger hands.
Since MNC cos like Pepsi are not listed in India, Varun represents a proxy to FII in the lifestyle beverage consumption category... so we should see support coming from stronger hands!
Yes, Good positive thinking, don''t accept the reality, keep it up.
Now it''s becoming very difficult to control my laughter, after seeing all the strange and weird reasons people are using to justify their poor decision.
US beverages and snacks major PepsiCo''s Indian arm PepsiCo India will launch five new products in the market by early 2017. The group has a major focus on nutrition and building a healthier portfolio of products.
"We are moving as an organisation towards creating a healthier portfolio. we have been working on developing products after understanding the local food palette and need for whole grains and nutrition in the Indian diet," PepsiCo India VP-Nutrition Category Deepika Warrier told PTI.
"We are looking at launching 4-5 new products by end thisyear or beginning of next year," Warrier added.
with this kind of market sentiment, higher GST rate and application response to ipo, it may list at 5-10% discount. averaging out may be a good strategy.
I applied 1 lot by online ASBA by SBI in retail category. and subscription of retail category is 0.82 times. than also i didn''t got allotment. It strange to me. can any buddy in forum can explain me what should be the reason. I applied one lot at bid of Rs.441. please help me..
The same thing happened to me.As I enquired the rejection is due to technical reason.My BO ID has changed because of migration to SSL from SBI where as I used the same old one in my application.Anyway thinking about the sentiment now what has happened is for good only.
by online ASBA by SBI i applied 1 lot in retail category. And subscription of retail category is 0.82 times. than also i didn''''t got allotment. It strange to me. I applied one lot at bid of Rs.441.
Dont panic about Varun Beverage listing ?? Nothing negative will happen. there will be no selling by NII and also Grey market square up sales. So listing by all chance will be in GREEN ONLY..