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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sapphire Foods India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹1,180
Per ShareLot Size
12 Shares
Minimum Investment
₹14,160
Issue Size
₹1,967.83 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
51.36%
Issue Type
Book Building
ISIN
INE806T01020
Sapphire Foods India Limited is one of YUM's franchisee operators in the Indian subcontinent with revenue from operations of Rs. 13,404.12 million and Rs. 10,196.19 million for the financial years 2020 and 2021, respectively. The Company is also Sri Lanka's largest international QSR chain, in terms of revenue for the financial year 2021 (with revenue of Rs. 1.90 billion representing 35% of the total market revenue), and number of restaurants operated as of March 31, 2021 (with 68 restaurants representing 39% of the total number of outlets in the market). It has also established a presence in the Maldives.
Within the organized food services market in India, the QSR chain sub-segment is the fastest growing sub-segment, with its value expected to grow at a CAGR of approximately 23% from Rs. 188.00 billion in financial 2020 to Rs. 534.00 billion in financial year 2025. Chicken and pizza are amongst the largest categories within the QSR chain sub-segment. As of March 31, 2021, KFC and Pizza Hut restaurants comprised approximately 7% and 6%, respectively, of the total number of outlets of key QSR brands in India
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 17,569,941* equity shares of face value of Rs. 10 each ("Equity Shares") of Sapphire Foods India Limited (The "Company" or the "Issuer") for cash at a price of* Rs. 1180 per equity share including a securities premium of Rs. 1170 per equity share (The "Offer Price") through an offer for sale aggregating to Rs. 2073.25 crores (The "Offer" or "Offer for Sale"" by the selling shareholders, comprising of 850,000* equity shares aggregating to Rs. 100.30 crores by QSR Management Trust ("QMT"), 5,569,533* equity shares aggregating to Rs. 657.20 crors by Sapphire Foods Mauritius Limited ("Sapphire Mauritius" and together with qmt, the "Promoter Selling Shareholders"), 4,846,706* equity shares aggregating to Rs. 571.91 crores by WWD Ruby Limited ("WWD"), 3,961,737* equity shares aggregating to Rs. 467.48 crores by Amethyst Private Limited ("Aamethyst"), 80,169* equity shares aggregating to Rs. 9.46 crores by Aajv Investment Trust ("AAJV"), 1,615,569* equity shares aggregating to Rs. 190.63 crores by Edelweiss Crossover Opportunities Fund ('Edelweiss") and 646,227* equity shares aggregating to Rs. 76.25 crores by Edelweiss Crossover Opportunities Fund - series II ("Edelweiss II" and together with WWD, Amethyst, Aajv, and Edelweiss, the "Investor Selling Shareholders") (investor selling shareholders together with the promoter selling shareholders are referred to as the "Selling Shareholders" and individually the "Selling Shareholder"). The offer will constitute 27.65% of the post-offer paid up equity share capital. *Subject to finalisation of the basis of allotment. The face value of the equity share is Rs. 10/-. The offer price is 118 times the face value of the equity shares. Bids can be made for a minmum of 12 equity shares and in multiples of 12 equiy shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Sapphire Foods India Limited was incorporated under the name `Samarjit Advisors Private Limited' on November 10, 2009 as a private limited company, under the Companies Act, 1956 and was granted a certificate of incorporation by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Subsequently, pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders held on December 26, 2014, the Company changed its name to `Sapphire Foods India Private Limited', and a fresh certificate of incorporation dated January 7, 2015 was issued to our Company by the RoC. Thereafter, the Company was converted into a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of its Shareholders held on June 15, 2021 and the name of the Company was changed to `Sapphire Foods India Limited', and a fresh certificate of incorporation dated July 8, 2021 was issued to the Company by the RoC.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.