The IPO comprises a new issue of 15 mn shares and an Offer for Sale of 10 mn shares by the existing promoters
The company is a bottler for PepsiCo Inc and has set a price band of Rs 440-445 per share
The IPO size could be around Rs 1,200 cr
Sources said Varun Beverages expects to raise more than Rs 1,000 crore through the IPO
Launch later this year, for over Rs 1,000 cr