| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹2073.25 Cr |
| Offer for Sale | ₹2073.25 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน1120.00-1180.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543397 |
| NSE Code | SAPPHIRE |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 12 shares and in multiples thereof
Sapphire Foods India is YUM brand's largest franchise operator in the Indian subcontinent in terms of revenue as of FY'20. It is also Sri Lanka's largest international QSR chain in terms of revenue for FY' 2021 and the number of restaurants operated as of March 31, 2021. 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 2 Taco Bell restaurants in Sri Lanka. The company's total number of restaurants in the subcontinent region grew from 376 in 2019 to 437 in 2021.
The company has an in-house supply chain function and works with vendor partners for food ingredients, packaging, warehousing, and logistics. The company operates warehouses across 5 Indian cities and has invested in building technology solutions in their restaurants. The company employs YUM brand's global online and digital channel solutions to enhance customer experience and achieve operational efficiency and financial control. The company operates its restaurants atย high traffic and high visibility locations in key metropolitan areas and cities across India and develop new restaurants in new cities as part ofย its expansion strategy.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | carry out the Offer for Saleof 17,569,941Equity Shares*by the Selling Shareholders | |
| 2 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges | |
| 3 | Enhancement of our Companyโs brand name |
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 1,371.08 | 1,348.94 | 1,380.66 | 1,567.47 |
| Total Income | 313.93 | 1,081.24 | 1,351.74 | 1,206.28 |
| Profit After Tax | -26.40 | -99.90 | -159.25 | -69.40 |
| EBITDA | 42.72 | 178.74 | 185.60 | 148.68 |
| NET Worth | 425.85 | 444.29 | 488.86 | 365.97 |
| Reserves and Surplus | 461.46 | 479.90 | 524.47 | 401.58 |
| Total Borrowing | 95.23 | 75.66 | 71.20 | 95.90 |
| Amount in ₹ Crore | ||||