This billionaire is also known as the cola king of India!

He is the promoter of two listed companies - Varun beverages Ltd and Devyani International Ltd.

Ravi Jaipuria is India’s 18th and world’s 333rd richest person, according to Forbes. As of August 23, he has a net worth of $7 Billion or Rs 55,892 crore.

He is the chairman of RJ corp and is referred to as India’s cola king. He is the promoter of two listed companies- Varun beverages Ltd and Devyani International. Jaipuria has named Varun beverages after his son and Devyani International after his daughter.

In 1985, he joined his family business of making bottles for Coca-Cola. In 1987, after the family division of the business, he switched to PepsiCo receiving one bottling plant as his share.

Varun Beverages Ltd is the second largest PepsiCo franchisee in the world and the largest in India. The company manufactures and distributes a wide variety of carbonated soft drinks, non-carbonated drinks, and packaged water under PepsiCo trademarks.

Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices, and many other PepsiCo brands are manufactured and distributed by the company.

As per the June quarterly ending, Varun beverages has ROE and ROCE of 18.6% and 17.4%, respectively. It has a market capitalisation of Rs 59693.61 crore and is trading at a TTM PE of 56.86x. 

On August 23, at 10:47 am, the stock is trading at Rs 942.75. The scrip has a 52-week high and low of Rs 1083.60 and Rs 533.73, respectively. 
Devyani International Ltd is ‘Yum’ Brands' largest franchisee in India and one of the country's biggest chains of quick service restaurants. It operates brands like KFC, Pizza Hut, and Costa Coffee in India. 

As per the June quarterly ending, the company has ROE and ROCE of 42.8% and 16%, respectively. It has a market capitalisation of Rs 23618.86 crore and is trading at a TTM PE of 98.16x. 

On August 23, at 10:47 am, the stock is trading at Rs 185.9. The scrip has a 52-week high and low of Rs 215 and Rs 107.7, respectively.