What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Sapphire Foods India Limited IPO?

Sapphire Foods India Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Sapphire Foods India Limited

ListedMainboard

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

₹130

+11.0%

Est. Listing

₹1310

at current GMP

Subscribed

—

Open

9 Nov 2021

11 Nov 2021

Allotment

16 Nov 2021

Refund

17 Nov 2021

Demat Credit

18 Nov 2021

Listing

18 Nov 2021

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	8,784,958	—	0.00x
Non-Institutional (NII / HNI)	2,635,487	—	0.00x
Retail Individual (RII)	6,149,470	—	0.00x
Total	17,569,915	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	512,456	512,456	1.00x
HNIs (10L +)	3,278	3,278	1.00x
HNIs (2-10L)	15,687	15,687	1.00x
Total Applications	531,421	531,421	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Sapphire Foods India Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Sapphire Foods India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Sapphire Foods India Limited IPO is ₹130 per equity share. Based on the upper price band of ₹1120 to ₹1180 per equity share, the estimated listing price is ₹1310 (+11.0% expected listing gain).

What is the expected profit per lot for Sapphire Foods India Limited IPO?

With a lot size of 12 shares and current GMP of ₹130, the expected profit per application lot is approx ₹1,560 (+11.0% gain). Minimum application cost is approx ₹14,160.

What is the issue size and price band for Sapphire Foods India Limited IPO?

The Sapphire Foods India Limited IPO aggregate issue size is ₹2,073.25 Crores with an equity price band set at ₹1120 to ₹1180 per equity share. The retail lot size is 12 shares requiring a minimum capital outlay of approx. ₹14,160.

How can I check Sapphire Foods India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Sapphire Foods India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-11-16. Investors can verify status using PAN card or application number.

When is the listing date for Sapphire Foods India Limited IPO?

Sapphire Foods India Limited shares are scheduled to list on NSE and BSE on 2021-11-18.