HomeBusinessSapphire Foods IPO GMP Today, Allotment, Lot Size, Share Price

Sapphire Foods IPO GMP Today, Allotment, Lot Size, Share Price

Sapphire Foods IPO GMP Today, Allotment, Lot Size, Share Price will be discussed here. In terms of sales, Sapphire Foods India is the YUM brand’s biggest franchise operator in the Indian subcontinent as of FY’20. Regarding revenue for FY 2021 and the number of locations open as of March 31, 2021, it is also Sri Lanka’s most significant foreign QSR chain. The firm has 204 KFC restaurants in India and the Maldives, 231 Pizza Hut locations in India, Sri Lanka, and the Maldives, and two Taco Bell restaurants in Sri Lanka as of March 31, 2021. In the subcontinent, the company’s total number of outlets increased from 376 in 2019 to 437 in 2021.

Sapphire Foods IPO GMP

Competitive Advantages – Sri Lanka’s biggest international QSR chain and one of India’s top restaurant franchise operators. Sapphire Foods IPO Price Today – In terms of income, YUM is the biggest franchise operator in the Indian subcontinent. Concentrate on providing exceptional customer service. Controlling quality and achieving operational excellence A scalable business model. Strong corporate governance standards and an experienced management team.

The Issue’s Goals – Carry out the selling shareholders’ offer to sell up to 17,569,941 equity shares. Obtain the advantages of listing equity shares on stock exchanges, as well as. Enhancement of the company’s brand identity among present and future consumers and the establishment of an Indian public market for equity shares.

Sapphire Foods IPO Price Today

  • Important information – KFC and Pizza Hut are two of the company’s brands.
  • Yum Brands Inc.’s largest franchisees in India, Sri Lanka, and the Maldives.
  • 8.50 lakh shares will be offered by QSR Management Trust.
  • Sapphire Foods Mauritius Ltd will put up 55.69 lakh shares on the market.
  • WWD Ruby Ltd would put up 48.46 lakh shares on the market.
  • Amethyst is planning to sell 39.62 lakh shares.

IPO Market Lot for Sapphire Foods – The minimum market lot for the Sapphire Foods IPO is – shared with the application amount. Retail investors may apply for up to – lots, – shares, and a total application amount of – dollars.

Sapphire Foods IPO GMP
Sapphire Foods IPO GMP

Sapphire Foods Allotment Today

Sapphire Foods’ initial public offering (IPO) will take place on November 9, 2021, with the IPO closing on November 11, 2021. The IPO may list on November 22, 2021, with an allotted date of November 16, 2021.

Sapphire Foods Lot Size – How can I use Sapphire Foods’ initial public offering? Sapphire Foods IPO may be applied for using your bank account’s ASBA. Sapphire Foods Share Allotment – Connect to your online bank account and pick the Sapphire Foods IPO under the Invest area to apply through your bank account.

Sapphire Foods Share Price

You may also apply for Sapphire Foods IPO by downloading IPO forms from the NSE and BSE. Check out the Sapphire Foods forms by going to NSE Forms & BSE Forms, filling out the blank IPO forms, and submitting them to your bank or broker.

About – Sapphire Foods India Private Limited has 204 KFC restaurants in India and the Maldives, 231 Pizza Hut locations in India, Sri Lanka, the Maldives, and two Taco Bell restaurants in Sri Lanka.

In 2020, system sales for KFC, Pizza Hut, and Taco Bell were $26.2 billion, $11.9 billion, and $11.7 billion, respectively.

They want to be India’s best restaurant operator by offering fantastic food, a memorable experience, and exceptional customer value.

They operate their restaurants in high-traffic, high-visibility locations in significant metropolitan districts and cities around India as part of their brand and culinary categories growth.

They also open new eateries in other towns.

Sapphire Foods IPO Today

Their KFC franchisee arrangement with YUM allows them to operate in different territories throughout India and the Maldives under the KFC name. At the same time, the Pizza Hut brand is only found in a few Indian states, Sri Lanka and the Maldives.

It also allows them to operate the Taco Bell brand on a non-exclusive basis in Sri Lanka (collectively, the “Territories”) while utilizing YUM’s system and system assets.

Their Franchise Agreement also allows us to utilize YUM’s system and system property in all aspects of our business.

The ability to run local or regional campaigns with YUM’s permission while adhering to YUM’s global quality assurance standards.

Sapphire Foods IPO Rate

The primary pillars of their consumer proposal are as follows:

KFC, Pizza Hut, and Taco Bell all have distinct product offerings, with KFC, Pizza Hut, and Taco Bell, respectively, being market leaders in chicken, pizza, and Mexican-inspired food.

Every day, they provide meals that are freshly made in their eateries.

A wide variety of food options are available, including meal and snack options at all times of the day.

Product quality, flavor criteria, food preparation processes, food safety, sanitation, and client service standards consistent with KFC, Pizza Hut, or Taco Bell’s international standards, as needed.

Initial Public Offering (IPO) of Sapphire Foods

Sapphire Foods India Limited, based in Mumbai, has filed a Draft Red Herring Prospectus (DRHP) with India’s Securities and Exchange Board (SEBI) for an IPO of 1,75,69,941 equity shares on August 10, 2021.

The Offer does not contain any new equity shares, but the promoters named in the DRHP have made an offer for sale (OFS) of 1,75,69,941 equity shares.

Sapphire Foods IPO GMP Today, Allotment, Lot Size, Share Price
Anurag Reddy
I'm a 29-year-old travel enthusiast, travel and nature photographer, Computer Science graduate, and Mass Communication student. I have seen different shades of life through traveling and lived different lives through reading. With every word I write, I travel within, and I understand myself better. Writing helps me discover myself, and that paved roads for me to choose writing as a profession.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular