Sapphire Foods India Private Limited owned and operated 204 KFC outlets across India and the Maldives, 231 Pizza Hut locations in India, Sri Lanka, and the Maldives, and 2 Taco Bell restaurants in Sri Lanka. KFC, Pizza Hut, and Taco Bell generated system sales of $26.2 billion, $11.9 billion, and $11.7 billion, correspondingly, in 2020. They want to be India’s finest restaurant operator by providing excellent cuisine, a wonderful experience, and a great value to their consumers. As part of their brand and cuisine categories expansion, they run their restaurants in high-traffic, high-visibility sites in important metropolitan regions and cities throughout India.

Objects of the Issue:
• Carry out the offer for sale of up to 17,569,941 equity shares by the selling shareholders,
• Achieve the benefits of listing the equity shares on the stock exchanges, and
• Enhancement of company’ s brand name amongst existing and potential customers and creation of a public market for equity shares in India.

Company Financials:



Sapphire Foods IPO Details



Sapphire Foods IPO Tentative Timetable

The Sapphire Foods IPO open date is Nov 9, 2021, and the close date is Nov 11, 2021. The issue may list on Nov 22, 2021.



Sapphire Foods IPO Lot Size

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

Sapphire Foods IPO Promoter Holding

• Pre-Issue Share Holding - 60.08%
• Post-Issue Share Holding - 49.97%

How to apply for IPO?

1. ASBA - All you have to do is, know if your demat is with NSDL or CDSL. Make a note of your Demat ID/DP ID/BO ID - 16 digit number from your broker terminal. Once you have these 2 information, go ahead and apply from your internet banking. One advantage in this process is that, once you submit the application, process ends there and amount gets blocked. While in UPI, you need to get mandate from your bank and need to authorize on time. Many parties are involved in UPI process (Bank, broker, 3rd party UPI app provider etc) and there are chances of delayed UPI mandates. This is a recent process and will take time to settle. Till then, it is better to apply from net banking, but ensure you enter correct 16 digit DP ID.

List of banks that support ASBA. https://www.bsesme.com/static/getlis...x?expandable=0

2. UPI - Visit your broker terminal, select the IPO, enter UPI ID and other bid details to submit the application. Wait for mandate to arrive on UPI app. Approve the mandate to block the amount.

Refer to this video to apply for IPO using UPI at Zerodha.