Sapphire Foods India Limited IPO Price, GMP, Details, Review

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One 97 IPO

Sapphire Foods India Limited IPO (Sapphire Foods IPO) Details:

Sapphire Foods India Limited IPO Launch Date

One of the largest restaurant operators in India, Sapphire Foods India IPO (Initial Public Offering) will open for subscription on November 9, with up to 17,569,941 equity shares of Rs 10 each. Sapphire Food India Ltd operates Pizza Hut and KFC outlets.

Sapphire Foods Limited IPO Details

IPO Opening Date Nov 9, 2021
IPO Closing Date Nov 11, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹1120 to ₹1180 per equity share
Market Lot 12 Shares
Min Order Quantity 12 Shares
Listing At BSE, NSE
Issue Size 17,569,941 Eq Shares of ₹10
(aggregating up to ₹2,073.25 Cr)
Offer for Sale 17,569,941 Eq Shares of ₹10
(aggregating up to ₹2,073.25 Cr)

Sapphire Foods India Limited IPO Tentative Timetable

The Sapphire Foods IPO open date is Nov 9, 2021, and the close date is Nov 11, 2021. The issue may list on Nov 22, 2021.

IPO Open Date Nov 9, 2021
IPO Close Date Nov 11, 2021
Basis of Allotment Date Nov 16, 2021
Initiation of Refunds Nov 17, 2021
Credit of Shares to Demat Account Nov 18, 2021
IPO Listing Date Nov 22, 2021

 

Sapphire Foods India Limited IPO Lot Size

The Sapphire Foods IPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up-to – lots, – shares with ₹- application amount.

Application Lots Shares Amount (Cut-off)
Minimum 1 12 ₹14,160
Maximum 14 168 ₹198,240

Sapphire Foods India Limited IPO Share Price

The Sapphire Foods IPO market lot size is 12 shares. A retail-individual investor can apply for up to 14 lots (168 shares or ₹198,240).

₹1120 to ₹1180 per equity share

Sapphire Foods India Limited Promoter Holding

QSR Management Trust and Sapphire Foods Mauritius Limited are the company promoters.

Pre Issue Share Holding 60.08%
Post Issue Share Holding 49.97%

 

Sapphire Foods India Limited Board Directors

The company has 9 directors and 2 reported key management personnel. 

The longest-serving directors right now are Sumeet Subhash Narang, Vikram Ranjan Agarwal, and Manish Mehta who were appointed on 09 February 2015. They have been on the board for over 6 years. The most as of late appointed directors are Sunil Rewachand Chandiramani, Anu Ram Aggarwal, Deepa Gopalan Wadhwa, and Kabir Kishin Thakur, who were appointed on 05 August 2021. 

Vikram Ranjan Agarwal has the biggest number of different directorships with a seat at an aggregate of 13 organizations. In all-out, the company is associated with 39 different organizations through its directors.

Sapphire Foods India Limited Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 30-Jun-20 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 13,710.76 13,088.66 13,489.37 13,806.64 15,674.72
Total Revenue 3,139.25 1,361.75 10,812.35 13,517.36 12,062.82
Profit After Tax (264.03) (751.73) (998.97) (1,592.47) (694.04)

 

About Sapphire Foods India Limited

Sapphire Foods India is YUM brand’s biggest franchise operator in the Indian subcontinent in terms of revenue as of FY’20. It is likewise Sri Lanka’s biggest international QSR chain in terms of revenue for FY’ 2021 and the quantity of restaurants worked as of March 31, 2021. As of March 31, 2021, the company claimed and worked 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and 2 Taco Bell restaurants in Sri Lanka. The company’s complete number of restaurants in the subcontinent region developed from 376 in 2019 to 437 in 2021. 

The company has an in-house inventory network capacity and works with vendor partners for food ingredients, packaging, warehousing, and logistics. The company works warehouses across 5 Indian urban areas and has invested in building technology solutions in their restaurants. The company utilizes YUM brand’s global online and digital channel solutions to improve customer experience and accomplish operational proficiency and financial control. The company works its restaurants at high traffic and high visibility areas in key metropolitan regions and urban communities across India and foster new restaurants in new urban areas as a component of its expansion methodology.

Company Contact Information: 

Sapphire Foods India Limited
702, Prism Tower, A Wing, Mindspace,
Link Road, Goregaon (West),
Mumbai, 400 062, Maharashtra, India.
Phone: +91 22 6752 2343
Email: investor@sapphirefoods.in
Websitehttps://www.sapphirefoods.in/

Sapphire Foods IPO GMP (Gray Market Price), Kostak & Subject to Sauda

Date GMP Kostak Subject
08 Nov 2021 ₹110-₹120 ₹250 ₹0
07 Nov 2021 ₹110-₹120 ₹250 ₹0
06 Nov 2021 ₹110-₹120 ₹250 ₹0
05 Nov 2021 ₹110-₹120 ₹250 ₹0
04 Nov 2021 ₹110-₹120 ₹250 ₹0
03 Nov 2021 ₹110-₹120 ₹250 ₹0
02 Nov 2021 ₹0-₹0 ₹0 ₹0
01 Nov 2021 ₹0-₹0 ₹0 ₹0
31 Oct 2021 ₹0-₹0 ₹0 ₹0
30 Oct 2021 ₹0-₹0 ₹0 ₹0

How to apply for Sapphire Foods India Limited IPO?

You can apply for Sapphire Foods IPO online using either UPI or ASBA as a payment method. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by brokers who don’t offer banking services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank. 

Final Review Sapphire Foods India Limited IPO 

Sapphire Foods India Limited is one of India’s biggest eatery franchisee operators and Sri Lanka’s biggest international QSR chain. It is likewise YUM’s biggest franchise operator in the Indian subcontinent in terms of revenue. They center around delivering incredible customer experience, quality control, and operational greatness. They hold versatile business models and have an experienced management group with powerful corporate administration rehearses.

More IPO’s: Financial Solving

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