Varun Beverages is offering up to 25 million shares, comprising 15 million primary and the rest secondary shares, representing 13.7 percent of the expanded capital, the terms showed.
PNB Housing Finance Ltd and Varun Beverages are looking to raise as much as $630 million combined from initial public offerings (IPOs) next week.
PNB Housing, owned by Punjab National Bank and private equity firm Carlyle Group LP, is looking to sell between 38.7 million and 40 million new shares.
PNB Housing Finance, promoted by Punjab National Bank, would be using the proceeds from the share sale mainly towards augmenting its capital base.
Besides, another 22 companies have lined up IPO plans in 2016 bringing the year-end estimated total deal value to $5.8 billion, more than double from last year's deal value of $2.18 billion.
The issue comprises 2.46 crore shares, including an offer for sale of 1.93 crore by private equity firm Actis and 53.17 lakh shares by the promoter.
The IPO received bids for 2,48,36,460 shares against the total issue size of 1,72,29,118, NSE data available till 1215 hours showed.
NSE's board also approved plans to issue free shares and a split of its stock, and plans to complete both processes by December 15.
Aurangabad-based Endurance Technologies has hit the capital markets with its Rs 1,160 crore initial public offer (IPO) on Wednesday. The auto ancillary company has set the price band for its IPO at Rs 467-472.
Endurance Technologies said it has finalised allocation of 73,83,906 equity shares to anchor investors at an offer price of Rs 472 apiece aggregating to Rs 348.52 crore.
The Samsung Group, under new de facto leader Jay Y Lee, has been keen to strengthen its biopharmaceutical businesses as the smartphones-to-construction business empire hunts for new sources of growth.
ConvaTec, whose products include wound dressings and colostomy bags, said it expected at least 25 per cent of its shares would be freely tradeable following the flotation.
ICICI Prudential Life Insurance Co Ltd, India's biggest private-sector life insurer, fell as much as 7.2 percent on its market debut on Thursday, as investors fretted over its high valuation and rising competition.
India is a promising market for initial public offerings with two of its premier stock exchanges - BSE and NSE - registering the maximum number of IPOs in the Europe, Middle East, India and Africa (EMEIA) region worth $1.8 billion, says an EY report.
The public offer will constitute a total up to 17.5 percent of the fully diluted post-offer paid-up equity share capital of the company.
The IPO received bids for 1,53,74,240 shares as against the total issue size of 1,44,40,001, translating into a subscription of 1.06 times till 1300 hours, latest data available with NSE showed.
Punjab-based GNA Axles' Rs 130 crore initial public offer (IPO) saw robust response from the market. It was subscribed 55 times.