Sapphire Foods India Limited IPO GMP: Share, Stock Price, GMP, Review, Details
Sapphire Foods India Limited IPO GMP: Share, Stock Price, GMP, Review, Details
Sapphire Foods India Limited is YUM’s largest franchisee operator in the Indian subcontinent in terms of revenue in the financial year 2020. It is also Sri Lanka’s largest international QSR chain in terms of revenue for the financial year 2021 and number of restaurants operated as of March 31, 2021. It has also established a presence in the Maldives. As of March 31, 2021, the company owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka. As of December 31, 2020, YUM and its franchisees operated more than 50,000 stores worldwide.
Sapphire Foods India Limited IPO GMP
The Price band Rs. 1120 to Rs. 1180 per equity share of the face value is Rs. 10/- each.
The Floor price is 112 times of the face of the equity shares.
Bids can be made for a minmum of 12 equity shares and in multiples of 12 equiy shares thereafter.
One97 Communications Ltd PayTM IPO GMP: PayTM Share, Stock Price, GMP, Review, Details
SAPPHIRE FOODS INDIA LIMITED | |
| BSE Bid Details | Cumulative Bid Details |
| BSE Demand Schedule | Cumulative Demand Schedule |
| BSE Demand Graph | Cumulative Demand Graph |
| Security Type | Equity |
| Symbol | SAPPHIRE |
| Issue Period | 09 Nov 2021 to 11 Nov 2021 |
| IPO Market Timings | 10am to 5 pm |
| Post Issue Modification | 12 Nov 2021 |
| Post Issue Modification | Post Issue Modification on November 12th, 2021 from 10.00 am to 11.00 am |
| Cut-off time for UPI Mandate Confirmation | 12/11/2021 up to 12 pm |
| Issue Size – No. of Shares | 1,75,69,941 |
| Retail Individual Investors shall have Unified Payments Interface (UPI) as an additional payment mechanism with Application Supported by Block Amount (ASBA) for making payments. All Other Category of Investors shall mandatorily use only Application Supported by Blocked Amount (ASBA) facility for making payments | |
| Price Band | 1120.00-1180.00 |
| Face Value | 10.00 |
| Tick Size | 1.00 |
| Market Lot | 12 |
| Minimum Bid Quantity | 12 |
| Maximum Bid Quantity for Qualified Institutional Investors | 17569932 |
| Maximum Bid Quantity for Non-Institutional Investors | 4392480 |
Dates
Upcoming IPO in November 2021 : Find the most up-to-date list of the latest IPOs in 2021
| Offer End | : | 11 Nov 2021 |
| Allotment Finalisation | : | 16 Nov 2021 |
| Refund Initiation | : | 17 Nov 2021 |
| Listing | : | 22 Nov 2021 |
Strengths
 Leading QSR brands with a substantial market presence and scale |  Experienced management team |  Strong relationship with YUM |
Risks
 Company has reported a loss for the financial years 2019-21 and might be susceptible to it in the future |  Failure in its quality control systems for its supply chain could lead to the termination of the Franchisee Arrangement |  There are material outstanding legal proceedings involving the company and its subsidiaries |
