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SFSAPPHIREListed

Sapphire Foods India Limited

Bookbuilding IPO · NSE, BSE

Price band
₹1120-₹1180
Lot size
12 shares
Issue amount
₹2,073.25 cr
Total subscription
0×
Current price₹196.22
Listing price ₹1,350
Watch live price ↗
Opens
9 Nov 2021
Closes
11 Nov 2021
Allotment
16 Nov 2021
Listing
18 Nov 2021

Offer at a glance

Issue overview

Issue size
1,75,69,941 shares
Face value
₹10 per share
Minimum investment
₹13,440
Fresh issue
₹0 cr
Offer for sale
₹2,073.25 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,160
Issue type
Bookbuilding IPO
Shares before issue
6,35,42,541
Shares after issue
6,35,42,541

Lot sizes

CategoryLotsSharesAmount
RETAIL112₹14,160
sHNI15180₹2,12,400
bHNI71852₹10,05,360

Share reservation

QIB75%
NII (HNI)15%
RETAIL10%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

06513020 May: ₹130
20 May₹13020 May

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,000Mar-19 · Revenue: 12,062.82Mar-19 · Profit after tax: 694.04Mar-19Mar-20 · Revenue: 13,517.36Mar-20 · Profit after tax: 1,592.47Mar-20Mar-21 · Revenue: 10,812.35Mar-21 · Profit after tax: 998.97Mar-21Jun-20 · Revenue: 1,361.75Jun-20 · Profit after tax: 751.73Jun-20Jun-21 · Revenue: 3,139.25Jun-21 · Profit after tax: 264.03Jun-21
RevenueProfit after tax

Company information

Company profile

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.

Strengths

  • Leading QSR Operator: One of India’s largest restaurant franchisees and Sri Lanka’s top international QSR chain.
  • Top YUM Franchisee: Largest YUM franchise operator in the Indian subcontinent by revenue.
  • Customer Experience Focus: Committed to delivering excellent service.
  • Operational Excellence: Maintains high quality and efficient operations.
  • Scalable Business Model: Designed for growth and expansion.
  • Experienced Management: Strong leadership with robust corporate governance.

Promoters

QSR Management Trust

Sapphire Foods Mauritius Limited

Registrar & documents

Lead manager

Bofa Securities India Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jm Financial Limited

Registered office

702, Prism Tower, A Wing, Mindspace, Link Road, Goregaon (West), Mumbai, 400 062, Maharashtra, India.

+91 22 6752 2343

[email protected]Company website ↗

Understanding SAPPHIRE IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.