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CAM, AZB, Squires on $166m Varun Beverages IPO

"The Rs 1,112.50-crore IPO of Varun Beverages was subscribed 1.86 times at a price band of Rs 440-445. The public issue was open during October 26-28.” reported the Economic Times.

AZB & Partners head of capital markets partner Madhurima Mukherjee and partner Agnik Bhattacharya, senior associate Namita Das and associate Nabil Shadab and Prashant Kumar acted as the Indian advisors to the underwriters.

Cyril Amarchand Mangaldas partner Gokul Rajan, principal associate Anuj Pethia and senior associates Jyoti Bharadwaj and Prashant Roy acted for Varun Beverages.

Squire Patton Boggs US securities partner and co-head of India practice Biswajit Chatterjee, assisted by senior associates Kaustubh George and Salil Rajadhyaksha and associates Gowri Reghuvaran, Isha Malhotra and Anandee Banerji acted for the global coordinators and underwriters Kotak Mahindra Company, Axis Capital, CLSA India and Yes Securities (India).

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