Sapphire Foods IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 09 Nov 2021 - 11 Nov 2021
Issue Size ₹2073.25 Cr
Issue Price ₹1120-1180
Market Lot 12 Shares
Shares on Offer 17,569,941
Registrar Link Intime
GMP ₹45-50
Kostak ₹300
Subject to Sauda ₹1000
Listing Date 22 Nov 2021
Listing Price ₹1350
Listing Gain% 14

About Sapphire Foods India Limited

Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, with a track record of successfully operating more than 400 KFC, Pizza Hut and Taco Bell restaurants across India, Sri Lanka and the Maldives.

Sapphire Foods was set up in September 2015, by the acquisition of about 250 KFC and Pizza Hut Stores in India and Sri Lanka, by a group of leading Private Equity firms and is managed by a team of professionals.

Company Promoters

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

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 13,489.37 13,806.64 15,674.72
Total Revenue (In ₹ Millions) 10,812.35 13,517.36 12,062.82
Profit After Tax (PAT) (In ₹ Millions) -998.97 -1,592.47 -694.04

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
08 Nov 2021 ₹110-115 N/A N/A
10 Nov 2021 ₹120-130 ₹300 ₹1000
14 Nov 2021 ₹45-50 ₹300 ₹1000

Strengths & Weaknesses

Strength
Weakness

Sapphire Foods India Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 09 Nov 2021 0.02 0.05 2.56 0.49
Day 2 - 10 Nov 2021 0.03 0.29 5.38 1.07
Day 3 - 11 Nov 2021 7.50 3.46 8.70 6.62

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Sapphire Foods India Limited IPO FAQs

  1. When will Sapphire Foods India Limited IPO open?

    Sapphire Foods India Limited IPO will open on 09 Nov 2021 and close on 11 Nov 2021.

  2. What is the listing date of Sapphire Foods India Limited IPO?

    Sapphire Foods India Limited IPO will list on 22 Nov 2021.

  3. What is the offer price of Sapphire Foods India Limited IPO?

    The offer price of Sapphire Foods India Limited IPO is ₹1120-1180.

  4. What is the lot size of Sapphire Foods India Limited IPO?

    The lot size of Sapphire Foods India Limited IPO is 12.

  5. What is the Grey Market Premium (GMP) price of Sapphire Foods India Limited IPO?

    The Grey Market Premium (GMP) price of Sapphire Foods India Limited IPO is ₹45-50.

  6. What is the Kostak price of Sapphire Foods India Limited IPO?

    The Kostak price of Sapphire Foods India Limited IPO is ₹300.

  7. What is the Subject to Sauda price for Sapphire Foods India Limited IPO?

    The Subject to Sauda price for Sapphire Foods India Limited IPO is ₹1000.

Sapphire Foods India Limited IPO Review/Comments

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