Sapphire Foods IPO GMP - Sapphire Foods Grey Market Premium
Sapphire Foods India is the largest franchise operator of the YUM brand in the Indian subcontinent. Know everything about Sapphire Foods IPO - Sapphire Foods IPO GMP (Sapphire Foods Grey Market Premium), IPO Date, Sapphire Foods IPO Review, All important dates, Benifits and Risk. We will update Gray Market Premium everyday. Also, all the information related to Sapphire Foods IPO like price band, all dates, issue size and retail portion ,etc. Everytihing about Sapphire Foods IPO is given below.
Sapphire Foods IPO
Sapphire Foods is one of Yum's largest franchisees. Sapphire Foods operates over 400 KFC, Pizza Hut, and Taco Bell restaurants in India, Sri Lanka, and the Maldives. The company is looking to raise Rs 2,000 crore through an initial public offering (IPO). Where Rs -- crore will be from fresh issues and the rest will be under OFS (Offer for Sale). In this IPO, approx 17,569,941 Eq Shares will be sold through an offer for sale. The IPO of Sapphire Foods will be listed on NSE and BSE. The information given is on the basis of RHP filed by Sapphire Foods Limited.
We will talk about Sapphire Food's financials, benefits, and risks of investing in the company. Also will discuss Sapphire's business model and Sapphire Foods Limited's IPO. Read About Latent View Analytics IPO.
What is Sapphire Foods IPO GMP Today?
Sapphire Foods IPO GMP is ₹125.
What is the Sapphire Foods IPO Opening Date?
Sapphire Foods IPO opening date is 09 November 2021.
What is Sapphire Foods IPO Expected Return?
Sapphire Foods IPO Expected Returns is 10-20%.
About Sapphire Foods
Sapphire Foods was founded in September 2015 by a consortium of leading private equity firms, which acquired around 250 KFC and Pizza Hut stores in India and Sri Lanka. According to reports, Sapphire Foods India is the largest franchise operator of the YUM brand in the entire Indian subcontinent in terms of revenue. As of 31 March 21, the company comprises approximately 204 KFC restaurants owned and operated by the company in India and Maldives. Sapphire Foods operates 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 has increased from 376 in 2019 to 437 in 2021. The company operates KFC and Pizza Hut outlets in India. The company, the largest franchisee of the Yum brand, primarily operates its outlets in India, Sri Lanka, and the Maldives.
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Purpose of the offer
- The company wants to get the benefits of listing its shares on the stock exchanges.
- The company seeks to increase the brand name among its existing and potential customers.
- To meet the offer for sale of 17,569,941 equity shares by its shareholders through IPO.
Sapphire Foods GMP Today (Grey Market Premium)
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 12 November | ₹ | ₹ | ₹ |
| 11 November | ₹ | ₹ | ₹ |
| 10 November | ₹125 | ₹- | ₹- |
| 09 November | ₹125 | ₹- | ₹- |
| 08 November | ₹125 | ₹- | ₹- |
| 07 November | ₹120 | ₹- | ₹- |
| 06 November | ₹120 | ₹- | ₹- |
| 05 November | ₹110 | ₹- | ₹- |
| 04 November | ₹110 | ₹- | ₹- |
| 03 November | ₹- | ₹- | ₹- |
| 02 November | ₹- | ₹- | ₹- |
| 01 November | ₹- | ₹- | ₹- |
Sapphire Foods IPO Date and Price Band Details
Sapphire Foods IPO open date: 09 November 2021, Closing date: 11 November 2021, and Listing date: 22 November 2021. The price band of Sapphire Foods IPO is ₹- to ₹- per share. Sapphire Foods IPO issue size is Rs 2,000 crores. Sapphire Foods Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion 15%.
| IPO Open: | 09 November2021 |
| IPO Close: | 11 November 2021 |
| Listing Date: | 22 November 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹2000 Cr. |
| Fresh Issue: | Approx ₹- Cr. |
| Offer For Sale: | Approx 17,569,941 Equity Shares |
| Price Band: | ₹1120 to ₹1180 per share |
| Face Value: | ₹10 / Equity share |
| PE: | -- |
| Issue Type: | Book Build |
| Retail Portion: | 10% |
Sapphire Foods IPO Market Lot & Size
Sapphire Foods IPO's minimum lot size is 12 shares with ₹14,160 application amount and the maximum lot size is 168 shares with ₹198,240 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 12 Shares |
| Minimum Amount: | ₹14,160 |
| Maximum Lot: | 14 |
| Maximum Lot Size: | 168 Shares |
| Maximum Amount: | ₹198,240 |
Sapphire Foods IPO Allotment & Listing Date
| Ipo Opening Date: | 09 November 2021 |
| IPO Closing Date: | 11 November 2021 |
| Basis of Allotment: | 16 November 2021 |
| Refund Date: | 17 November 2021 |
| Credit to Demat Account: | 18 November 2021 |
| Listing Date: | 22 November 2021 |
Sapphire Foods IPO Review
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Anil Singhvi Review: To be updated.
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[ ! Note:- Not Rated Yet ]Updated Soon
Sapphire Foods Ipo Review
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Sapphire Foods Limited is one of the largest restaurant franchise operators in India.
- Sapphire Foods Limited is Sri Lanka's largest international QSR (Quick Service Restaurant) chain.
- The company has been focused on providing an excellent customer experience.
- The company's business model is scalable and can be scaled up in the future.
- The company has a strong experienced management team.
Risks
- Due to the continuing impact of the COVID-19 pandemic on the restaurant industry, the industry has suffered huge losses.
- If we look at the company's financials, then the company has been at loss for the last 3 consecutive financial years.
- So far, the company has failed to continue with the innovation and development of its platform.
- Sapphire Foods ltd is not profitable right now, if not making a profit in near future then investing in it can be risky.
- The company faces a lot of competition from organized and unorganized players in this field.
Sapphire Foods Financials
Sapphire Foods Financials (in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹1567 | ₹1206 | -₹69.4 |
| 2020 | ₹1380 | ₹1351 | -₹159.2 |
| 2021 | ₹1348 | ₹1081 | -₹99.8 |
Promotors
The promoters of the company are:
- Sapphire Foods Mauritius Limited
- QSR Management Trust
Contact Details of Sapphire Foods
Sapphire Foods India Limited
Office: 702, Prism Tower,
A Wing, Mindspace, Link Road,
Goregaon (West), Mumbai, 400 062,
Maharashtra, India.
Tel.: +91 22 6752 2343
E-mail: investor@sapphirefoods.in
Website: https://www.sapphirefoods.in
Lead Managers
- ICICI Securities Limited
- IIFL Securities Limited
- JM Financial Limited
- BofA Securities India Limited
Sapphire Foods IPO Registrars
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bhadur Shastri Marg
Vikhroli (West), Mumbai - 400 083
Maharashtra, India
Tel: +91 022 4918 6200
E-mail: sapphire.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: sapphire.ipo@linkintime.co.in
Conclusion
The company operates its outlets not only in India but also in Sri Lanka and the Maldives. In addition, the company operates several well-known brands such as KFC, Pizza Hut, and Taco Bell. However, the company is not making a profit yet and the big question is whether it will be able to make a profit in the coming time or not. Investors willing to take more risk can invest in this IPO or for listing gains. You should do more research and analysis about this company before investing.
FAQs About Sapphire Foods Ipo
What is the opening date of Sapphire Foods IPO?
Sapphire Foods IPO's opening date is 09 November 2021.
What is Sapphire Foods IPO GMP Today?
Sapphire Foods IPO GMP is ₹120 as of today.
How much is Sapphire Foods IPO Kostak Rate Today?
Sapphire Foods IPO Kostak rate is ₹0 as of today.
What is the Sapphire Foods IPO Closing date?
Sapphire Foods IPO Closing date is 11 November 2021.
What is the Sapphire Foods IPO allotment date?
Sapphire Foods IPO allotment date is 16 November 2021.
What is the Sapphire Foods IPO listing date?
Sapphire Foods IPO listing date is 22 November 2021.
What is the Sapphire Foods IPO Price band?
Sapphire Foods IPO price band is ₹1120 to ₹1180.
What is Sapphire Foods IPO Subject to Sauda Today?
Sapphire Foods IPO Subject to Sauda is ₹0 as of today.
What is Sapphire Foods IPO Expected Returns after Listing?
Sapphire Foods IPO Expected Returns is -% to --%.
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For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Sapphire Foods Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Sapphire Foods".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in grey market trading in any way. And do not provide the facility to buy or sell IPO form of any IPOs.
- Reference to IPO Gray Market Premium (IPO GMP) is valid only for the date specified in the header, we are not involved in the buy or sell of IPO form.
- Do not decide to subscribe to an IPO solely on the basis of GMP (Grey market premium), as this may change at any time prior to listing. Do research about the fundamentals and financial details of companies before subscribing.
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