
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹1180
Band: ₹1120 – ₹1180
Estimated Listing Price
₹1310
Upper price + GMP
Lot Size
12 shares
Min investment ₹14,160
Estimated Profit / Lot
₹1,560
12 × ₹130
Grey Market Premium trend
+₹130
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹130 | 11.0% | ₹1310 |
| 30 Oct 2026 | +₹130 | 11.0% | ₹1310 |
| 29 Oct 2026 | +₹117 | 9.9% | ₹1297 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Sapphire Foods India Limited IPO is ₹130, which indicates an expected listing price of ₹1310.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.