Rj Corp

RJ Corp owns Varun Beverages, PepsiCo’s second largest bottler outside the US, and Devyani International, which operates KFC, Pizza Hut and Costa Coffee outlets in India.

Medanta IPO: Carlyle to make full exit; strikes pre-IPO deal with RJ Corp, SBI MF and Novo Holdings

The IPO consists of a fresh issue component of Rs 500 crore and an offer for sale (OFS) of up to 50,761,000 shares as part of which Carlyle will sell up to 50,661,000 shares. A combination of the pre-IPO pacts and the OFS would result in a full exit for Carlyle from Global Health Ltd

RJ Corp firm DIL to invest Rs 1,000cr in 5 years; Yum! Restaurants picks stake

DIL also plans to double the base of KFC and Pizza Hut restaurants over the next 4-5 years to enhance its position in the fast growing Indian retail F&B sector, the company said.

Is Pepsico franchisee Varun Beverages IPO too expensive?

As Varun Beverages initial public offer (IPO) opens for subscription on October 26, analysts think its valuation is expensive. The company has fixed price band at Rs 440-445 per share and aiming to raise Rs 1112.50 crore through the offer.