Sapphire Foods IPO GMP Today, Share Price, Allotment, Review, Analysis

Sapphire Foods IPO Price | Sapphire Foods IPO GMP Today | Sapphire Foods IPO Subscription Status | Sapphire Foods IPO Date

In terms of sales, Sapphire Foods India is YUM’s industry’s leading franchising operator in the Indian subcontinent as of Financial Year 2020. In terms of revenue for Financial Year 2021 and the number of restaurants open as of March 31, 2021, it is also Sri Lanka’s largest international QSR chain. The corporation had 204 KFC locations in India and the Maldives as of March 31, 2021, 231 Pizza Hut shops in India, Sri Lanka, and the Maldives, and two Taco Bell restaurants in Sri Lanka. In the subcontinent, the company’s total number of restaurants increased from 376 in 2019 to 437 in 2021. 

For food ingredients, processing, storage, and transportation, the corporation has an in-house supply chain function and collaborates with partners and suppliers. The company has warehouses in five cities in India and has invested in using technology in its restaurants. To improve consumer experience and increase operational efficiency and financial management, the company uses YUM brand global web and digital channel solutions. As part of its promotional plan, the company runs its restaurants in high-traffic, high-visibility sites in key metropolitan centers and cities across India, as well as developing new restaurants in new cities.

Sapphire Foods IPO

Sapphire Foods IPO Competitive Advantages

  • In terms of income, YUM is the largest franchise operator in the Indian subcontinent.
  • Sri Lanka’s largest international QSR chain and one of India’s top restaurant franchisee providers
  • Controlling quality and achieving operational excellence
  • Concentrate on providing exceptional customer service.
  • Strong corporate governance practices and an experienced management team.
  • The business model is scalable.
  • Market-leading OSR brands with significant market presence and scalability
  • Consistent focus on providing excellent client service
  • Great location to work, supported by institutional finance and led by an experienced management team.
  • New restaurant economic model that is scalable for expansion.

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  • In the last three financial years, the company has posted revised losses.
  • Losses that are uninsured or exceed the insured limitations
  • The corporation is heavily in debt and may incur additional debt in the future.
  • Continuity of operations is contingent on the franchise agreement.
  • Inability to detect and respond to shifts in consumer preferences and eating habits.
  • There are several active legal cases concerning the corporation, its subsidiaries, and its directors.
  • Inability to keep up with technological advancements
  • Ineffective management of the negative consequences of social media on the company’s reputation.
  • Any failure or degradation in its supply chain or restaurant quality control systems or processes, resulting in the termination of the franchise agreement.

Tentative Timetable of Sapphire Foods IPO 

The Sapphire Foods initial public offering (IPO) will begin on November 9, 2021, and end on November 11, 2021. On November 22, 2021, the issue may list.

IPO Open DateNov 9, 2021
IPO Close DateNov 11, 2021
Basis of Allotment DateNov 16, 2021
Initiation of RefundsNov 17, 2021
The credit of Shares to Demat AccountNov 18, 2021
IPO Listing DateNov 22, 2021

Sapphire Foods IPO GMP Live Rates with Kotak Rates Day by Day

DateGMPKostakSubject to
09 November₹125₹-₹-
08 November₹125₹-₹-
07 November₹120₹-₹-
06 November₹120₹-₹-
05 November₹110₹-₹-
04 November₹110₹-₹-
03 November₹-₹-₹-
02 November₹-₹-₹-
01 November₹-₹-₹-
31 October₹-₹-₹-
30 October₹-₹-₹-
29 October₹-₹-₹-

Sapphire Foods IPO Price Band

IPO Size:Approx ₹2073 Crores
Fresh Issue:N/A
Offer for Sale:Approx 17,569,941 Equity Shares
Face Value:₹10 Per Equity Share
Price Band:₹1120 to ₹1180 Per Share
Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Sapphire Foods IPO Lot Size

The market lot size for the Sapphire Foods IPO is 12 shares. An individual retail investor can apply for up to 14 lots (168 shares or 198,240 rupees).

ApplicationLotsSharesAmount (Cut-off)

Sapphire Foods IPO Market Lot

Minimum Lot Size:Minimum 12 Shares for 1 lot
Minimum Amount:₹14,160 for 1 lot
Maximum Lot Size:Maximum 168 Shares for 14 lot
Maximum Amount:₹198,240 for 14 lot

Subscription Status for Sapphire Foods’ Initial Public Offering (Bidding Detail)

On November 9, 2021, 17:00, the Sapphire Foods IPO was 0.49 times subscribed. The retail category received 2.56 subscriptions, 0.02 in the QIB category, and 0.05 in the NII category. Check Subscription Details on a Day-by-Day Basis (Live Status).

CategorySubscription (times)

Sapphire Foods IPO Promoter Holding

Pre Issue Share Holding60.08%
Post Issue Share Holding49.97%

Sapphire Foods IPO Reviews / Ratings

Dilip DavdaMay apply
Axis CapitalNeutral
ICICI SecuritiesNeutral

IPO Lead Managers for Sapphire Foods 

S. No.IPO Lead Managers
1IIFL Securities Ltd
2ICICI Securities Limited
3BofA Securities India Limited 
4JM Financial Consultants Private Limited

IPO Lead Manager Reports

S. NoIPO Lead Manager Reports
1Lead Manager Performance Tracker
2List of IPOs handled by a Lead Manager

Contact Information of the Company

The contact information of the company is given below:


IPO Registrar

  • Address:
  • Link Intime India Private Ltd
  • Phone: + 91-22-4918 6270
  • Email Id: [email protected]
  • Website: