Published 11:41 IST, October 30th 2021

KFC Sapphire Foods IPO: Check GMP, IPO Date, Price, Issue Size & more details

Sapphire Foods India IPO (Initial Public Offering) will open for subscription on November 9, with up to 17,569,941 equity shares of Rs 10 each. Read on.

Reported by: Vidyashree S
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One of largest restaurant operators in India, Sapphire Foods India IPO (Initial Public Offering) will open for subscription on November 9, with up to 17,569,941 equity shares of Rs 10 each. Sapphire Food India Ltd operates Pizza Hut and KFC outlets. Sapphire Foods Mauritius Ltd will offer 55.69 lakh shares while QSR Management Trust will offer 8.50 lakh shares. Amethyst will open with 39.62 lakh shares and WWD Ruby Ltd will open with 48.46 lakh shares. Largest franchisees of Yum! Brands Inc. in India, Sri Lanka, and Maldives. 

company's peer group includes Jubilant Foodworks Limited, Westlife Development Limited, and Burger King India Limited. 

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Sapphire foods IPO

To apply for Sapphire Foods IPO via ASBA available in  bank account, go to online bank login and select  Sapphire Foods IPO in Invest section to apply via bank account. Some of options include application through IPO forms downloed via NSE and BSE. To check out company's forms, just  NSE Forms and BSE Forms blank IPO forms. Downlo forms, fill and n submit same in your respective banks.  

About Sapphire Foods India Ltd.

Sapphire Foods India Ltd. was set up in year 2015 by acquisition of about 250 KFC and Pizza Hut Stores in India and Sri Lanka. Over 200 KFC restaurants are owned by company in India and Maldives. y also own about 230 Pizza Hut restaurants in India, Maldives, and Sri Lanka. company is one of largest franchisees of Yum Brands Inc. in subcontinent that operate about 400 Pizza Hut, KFC, and Taco Bell restaurants across India, Maldives, and Sri Lanka. 

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company functions with vendor partners for food ingredients, packaging, warehousing, and logistics and has an in-house supply chain function and. Across five Indian cities, company operates warehouses and has invested in building technology solutions in ir restaurants. Furr, to enhance customer experience and achieve operational efficiency and financial control,  company has employed  YUM brand's global online and digital channel solutions. As part of its expansion strategy, company operates its restaurants in key metropolitan areas and cities across India at high-traffic and high visibility locations. 

Image: UNSPLASH/REPRESENTATIVE

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11:41 IST, October 30th 2021