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Open
9 Nov 2021
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Close
11 Nov 2021
3
Allotment
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Listing
Thu, Nov 18, 2021
Price Band
₹1120 to ₹1180
Issue Size
1,75,69,941 shares (agg. up to ₹2,073 Cr)
Lot Size
12 Shares
Listing Date
Thu, Nov 18, 2021
Latest GMP
₹130
Est. Gain
11.02%
✦ AI Insight
GMP Trend
18-11-2021₹130Est. ₹1310+11.02%
17-11-2021₹100Est. ₹1280+8.47%
16-11-2021₹57Est. ₹1237+4.83%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.86x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Devyani International Ltd. | Mainboard | ₹1,838.00 Cr | ₹90 | null | ₹123.50 | +37.22% | ₹112.00 (+1.59%) |
| Barbeque-Nation Hospitality Ltd. | Mainboard | ₹452.87 Cr | ₹500 | null | ₹587.80 | +17.56% | ₹224.87 (-5.00%) |
| Burger King India Ltd. | Mainboard | ₹810.00 Cr | ₹60 | null | ₹135.00 | +125.00% | ₹66.48 (-2.89%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 Company’s brand name |
About Sapphire Foods IPO
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 at high traffic and high visibility locations in key metropolitan areas and cities across India and develop new restaurants in new cities as par
Contact Details
Sapphire Foods India Ltd. Address702, Prism Tower, A Wing, MindspaceLink Road, Goregaon (West)Mumbai, Maharashtra, 400062+91 22 6752 2343investor@sapphirefoods.inVisit Website