KFC operator Sapphire Foods’ IPO to open on 9 November, close 11 November
3 years, 2 months ago

KFC operator Sapphire Foods’ IPO to open on 9 November, close 11 November

Live Mint  

MUMBAI: The initial public offering of Sapphire Foods India Ltd, the operator of KFC and Pizza Hut outlets, will open on 9 November and close on 11 November. The OFS will see up to 8.50 lakh shares being sold by QSR Management Trust, up to 5.57 million shares by Sapphire Foods Mauritius Ltd, up to 4.85 million shares by WWD Ruby Ltd, among others. Currently, Sapphire Foods Mauritius holds 46.53% stake in the firm, QSR Management Trust has 5.96% stake, WWD Ruby holds 18.79%. As of March, it owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka.

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History of this topic

Mumbai-based Shanti Gold International Limited files DRHP for IPO
19 hours, 14 minutes ago

Mumbai-based Shanti Gold International Limited files DRHP for IPO

Live Mint  

Mumbai-based Shanti Gold International Limited has filed Draft Red Herring Prospectus with the Securities and Exchange Board of India to raise funds through an initial public offering. The proceeds from the fresh issue will be utilized as follows: ₹45.83 crore will fund capital expenditure for the proposed Jaipur facility, ₹190 crore will be allocated towards the company's incremental working capital …

Bikaji Foods IPO share allotment likely tomorrow. Check latest GMP
2 years, 2 months ago

Bikaji Foods IPO share allotment likely tomorrow. Check latest GMP

Live Mint  

The initial public offering of Bikaji Foods International closed on Monday, November 7, 2022 and now all eyes are on the finalization of basis of share allotment of Bikaji Foods IPO is expected to take place this week on Friday, November 11, 2022. Manufacturer of snacks and sweets Bikaji Foods International mobilised ₹262 crore from anchor investors. Bikaji Foods IPO …

Sapphire Foods: Shares debut on stock market at Rs 1,360; all you need to know
3 years, 1 month ago

Sapphire Foods: Shares debut on stock market at Rs 1,360; all you need to know

Firstpost  

On the Bombay Stock Exchange, the stock listed at Rs 1,360.75 apiece and on the National Stock Exchange, the opening price was Rs 1,368 per share against the issue price of Rs 1,180 Franchise operator of KFC and Pizza Hut restaurants, Sapphire Foods, began their first-day trade today, 18 November, with a decent premium of 15 percent, falling largely on …

Sapphire Foods IPO: KFC operator subscribed 1.07 times on Day 2, retail portion booked 5.38 times
3 years, 2 months ago

Sapphire Foods IPO: KFC operator subscribed 1.07 times on Day 2, retail portion booked 5.38 times

Firstpost  

The company plans to raise Rs 2,073 crore through IPO that is entirely an offer-for-sale by promoters and investors. The offer closes 11 November The initial public offering of Sapphire Foods, which operates KFC and Pizza Hut restaurants, received bids for 1.03 crore equity shares against an IPO size of 96.63 lakh equity shares, a subscription of 1.07 times on …

Paytm vs Sapphire Foods: Which IPO is better for listing gains?
3 years, 2 months ago

Paytm vs Sapphire Foods: Which IPO is better for listing gains?

Business Standard  

The revenue growth isn’t very exciting Loss has been narrowed by curtailing advertising expenses Paytm is well-diversified but lacks clear leadership Sales to m-cap at 49x looks expensive Road ahead looks challenging Paytm may continue to incur losses to safeguard market share Sapphire Foods stands to gain from industry growth Looks to benefit from popularity among youngsters, good consumer experience …

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