Sapphire Foods India Limited IPO
Mainboard₹14,160 / 12 Shares
Sapphire Foods India Limited IPO Details
The Sapphire Foods India Limited IPO price band is set between ₹1120-1180 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 Nov, 2021 and closes on 11 Nov, 2021. Investors can check the allotment status on 16 Nov, 2021, while the listing date is tentatively scheduled for 18 Nov, 2021.
The total issue size is 2073.25 Crores Offer for Sale, aggregating up to . Stay tuned for the latest Sapphire Foods India Limited IPO review and GMP updates.
Sapphire Foods India Limited IPO Review, Rating & Analysis
Sapphire Foods India Limited IPO Review
NO REVIEWSapphire Foods India Limited IPO Rating
Sapphire Foods India Limited IPO Highlights
IPO Date
Nov 9, 2021 - Nov 11, 2021
Listing Date
18 Nov, 2021
Face Value
₹10 Per Equity Share
Price Band
₹1120-1180 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Sapphire Foods India Limited IPO Lot Size
The minimum market lot for Sapphire Foods India Limited IPO is 12 shares with an application amount of ₹14,160. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 12 | ₹14,160 |
| Retail (Max) | 14 | 168 | ₹1,98,240 |
| S-HNI (Min) | 15 | 180 | ₹2,12,400 |
| S-HNI (Max) | 70 | 840 | ₹9,91,200 |
| B-HNI (Min) | 71 | 852 | ₹10,05,360 |
Sapphire Foods India Limited IPO Timeline
Issue Price
₹1120-1180 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
BofA Securities India Limited,ICICI Securities Limited,IIFL Securities Ltd,JM Financial Consultants Private LimitedIssue Size
2073.25 Crores Offer for SaleSapphire Foods India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 21 | 1371.07 | 313.92 | (26.40) | - | - | - |
| 31 Mar 21 | 1348.93 | 1081.23 | (99.89) | - | - | - |
| 31 Mar 20 | 1380.66 | 1351.73 | (159.24) | - | - | - |
| 31 Mar 19 | 1567.47 | 1206.28 | (69.40) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- QSR Management Trust
- Sapphire Foods Mauritius Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 60.08% | 49.97% |
About Company
Sapphire Foods India is YUM brand's largest franchise operator in the Indian subcontinent in terms of revenue as of FY'20. It is also Sri Lanka's largest international QSR chain in terms of revenue for FY' 2021 and the number of restaurants operated as of March 31, 2021. As of March 31, 2021, the company owned and operated 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 total number of restaurants in the subcontinent region grew from 376 in 2019 to 437 in 2021.
The company has an in-house supply chain function and works with vendor partners for food ingredients, packaging, warehousing, and logistics. The company operates warehouses across 5 Indian cities and has invested in building technology solutions in their restaurants. The company employs YUM brand's global online and digital channel solutions to enhance customer experience and achieve operational efficiency and financial control. The company operates its restaurants at high traffic and high visibility locations in key metropolitan areas and cities across India and develop new restaurants in new cities as part of its expansion strategy.
Sapphire Foods India Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 52,70,983 | 26,35,491 | 17,56,994 | 96,63,468 |
Day 1 -09-11-21 05:00 PM | 0.02 x | 0.05 | 2.56 x | 0.49 x |
Day 2 -10-11-21 05:00 PM | 0.03 x | 0.29 | 5.37 x | 1.07 x |
Day 3 -11-11-21 05:00 PM | 7.50 x | 3.46 | 8.71 x | 6.62 x |
6.75 times
Frequently Asked Questions about Sapphire Foods India Limited IPO IPO
When will Sapphire Foods India Limited IPO open for subscription?
The Sapphire Foods India Limited IPO opens on 9 Nov, 2021 and closes on 11 Nov, 2021.
What is the investors portion for Sapphire Foods India Limited IPO?
The investors' portion for QIB is 7.50 x, NII is 3.46, and Retail is 8.71 x.
How to apply for Sapphire Foods India Limited IPO?
You can apply for Sapphire Foods India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Sapphire Foods India Limited IPO?
The issue size of Sapphire Foods India Limited IPO is approx ₹2073.25 Crores Offer for Sale crores.
What is the price band of Sapphire Foods India Limited IPO?
The price band for Sapphire Foods India Limited IPO is ₹1120 to ₹1180 per equity share.
What is the lot size of Sapphire Foods India Limited IPO?
The minimum bid (lot size) for Sapphire Foods India Limited IPO is N/A shares with an investment of approx ₹14,160 .
What is the allotment date of Sapphire Foods India Limited IPO?
The allotment date for Sapphire Foods India Limited IPO is 16 Nov, 2021.
What is the listing date of Sapphire Foods India Limited IPO?
The listing date for Sapphire Foods India Limited IPO is expected to be 18 Nov, 2021.
What is the GMP of Sapphire Foods India Limited IPO?
The latest Grey Market Premium (GMP) for Sapphire Foods India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.