Sapphire Foods India Limited IPO Details, Sapphire IPO Review

About the Company:-

Sapphire Foods India Ltd IPO

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 Business

The company is engaged KFC, Pizza Hut outlets operator, Company association with Yum started in 2015 and they presently have the non-exclusive rights to operate restaurants under three of YUM’s brands, namely, the KFC, Pizza Hut and Taco Bell brands.

How to Open Demat Account, Demat Account

SFI Limited Promoters:-

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

Managing Director:-

Sanjay Purohit

Sapphire Foods India Ltd IPO Details:-

Sapphire Foods India Ltd IPO Market Lot Size:-

Sapphire Foods India Limited IPO minimum market lot is 12 shares with Rs 14,160 application amount (Cut-off Price). The retail investors can apply up-to 14 lots, 14,160 shares with Rs 198,240 application amount (Cut-off Price).

Sapphire Foods India Limited IPO Date, Time Table, Allotment, Refund & Listing:-

The SFI Limited IPO open date is Nov 09, 2021, and the close date is Nov 11, 2021. The issue may list on Nov 22, 2021.

Objects of the Issue:-

• Carry out the offer for sale of up to 17,569,941 equity shares by the selling shareholders.
• Achieve the benefits of listing the equity shares on the stock exchanges.
• Enhancement of company’ s brand name amongst existing and potential customers and creation of a public market for equity shares in India.

Competitive Strengths:-

• One of India’s largest restaurant franchisee operators and Sri Lanka’s largest international QSR chain.
• YUM’s largest franchise operator in the Indian subcontinent in terms of revenue
• Quality control and operational excellence
• Well experienced management team with proven project management and implementation skills.

Company Financials:-

Particulars For the year/period ended (Amount in Crores)

Sapphire Foods India Promoter Holding:-

Pre Issue Share Holding – 60.08%
Post Issue Share Holding – 49.97%

Sapphire Foods IPO Registrar:-

Link Intime India Private Limited.
Phone: +91-22-4918 6270
Email: sapphire.ipo@linkintime.co.in
Website: http://www.linkintime.co.in/

SFL IPO Prospectus:-

IPO DRHP: https://www.bseindia.com/corporates/download/305688/IPODRHP_20210811151040.pdf

IPO RHP: https://www1.nseindia.com/content/equities/IPO_RHP_SAPPHIRE.pdf

What is Sapphire Foods India Limited IPO?

IPO Issue Amount : Upto Rs. 2,073.25 Cr. The IPO Open 09 November 2021 To 11 November 2021.

How to apply SFL IPO through Zerodha kite?

Login zerodha/kite app with your user id and password and go to user section (console) and choose IPO option SFL IPO click Bid and fill your UPI id and quantity tick cut-off price and tick the term condition and rule regulations and click submit and pay the amount, open your upi app and click pay option and enter your upi payment pin then click pay, if enter your upi pin IPO amount debit/hold on your bank account, Maintain the balance on bank account.

Company Address:-

Sigachi Industries Limited.

Registered Office:
702, Prism Tower, A Wing, Mindspace,
Link Road, Goregaon (West),
Mumbai, 400 062, Maharashtra, India.
Phone: +91 22 6752 2343
Email: investor@sapphirefoods.in
Website: https://www.sapphirefoods.in/

When Sapphire Foods India Limited IPO will open?

IPO Open 09 November 2021 To 11 November 2021.