
Consumer Discretionary · NSE / BSE
Sapphire Foods India is the largest franchise operator of YUM brands in the Indian subcontinent by revenue and also Sri Lanka’s largest international QSR chain. As of March 31, 2021, it operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut outlets across India, Sri Lanka, and the Maldives, and 2 Taco Bell outlets in Sri Lanka, growing its total restaurants in the region from 376 in 2019 to 437 in 2021. The company manages an in-house supply chain and works with vendors for ingredients, packaging, warehousing, and logistics, operating warehouses in five Indian cities. It uses technology solutions and YUM brand’s global digital platforms to improve customer experience and operational efficiency, and focuses on high-traffic locations while expanding into new cities.
Price Band
₹1120 – ₹1180
Issue Size
₹2073 Cr
Lot Size
12 shares
GMP
+11.0%
Est. Listing
₹1310
at current GMP
Subscribed
—
Open
9 Nov 2021
Close
11 Nov 2021
Allotment
16 Nov 2021
Refund
17 Nov 2021
Demat Credit
18 Nov 2021
Listing
18 Nov 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
16 Nov 2021
Basis finalization
Refunds Initiate
17 Nov 2021
Mandate release
Demat Credit
18 Nov 2021
Shares in demat
Listing Debut
18 Nov 2021
Trading begins
Sapphire Foods India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹2,073.25 Crores. The shares are offered at a price band of ₹1120 to ₹1180 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2021-11-11, the basis of allotment is scheduled to be finalized on 2021-11-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.