KFC Sapphire Foods IPO: Check Price Bands And Other Details

Sapphire Foods India Ltd, which is backed by Samara Capital, has set a price range for its initial public offering (IPO) between Rs 1,120 - Rs 1,180 per share. The company previously stated that it's first public offering (IPO) will begin on November 9 and end on November 11.

In terms of sales, Sapphire Foods India is the YUM brand's largest franchise operator in the Indian subcontinent as of FY'20. In terms of revenue for FY 2021 and the number of restaurants open as of March 31, 2021, it is also Sri Lanka's largest international QSR chain.

To apply for the Sapphire Foods IPO via ASBA, go to your online bank account and pick the Sapphire Foods IPO under the Invest area to apply via bank account. Application using IPO forms downloaded from the NSE and BSE is one of the choices.

QSR Management Trust has up to 8.50 lakh shares, Sapphire Foods Mauritius Ltd has up to 5.57 million shares, WWD Ruby Ltd has up to 4.85 million shares, Amethyst Pvt. Ltd has up to 3.96 million shares, AAJV Investment Trust has up to 80,169 shares, Edelweiss Crossover Opportunities Fund has up to 1.62 million shares, and Edelweiss Crossover Opportunities Fund Series II has up to 6.46 lakh shares.

The company has an in-house supply chain function and works with vendor partners for food ingredients, packaging, warehousing, and logistics. The company has warehouses in five Indian cities and has invested in establishing digital solutions in its eateries.

IPO Open Date	Nov 9, 2021
IPO Close Date	Nov 11, 2021
Basis of Allotment Date	Nov 16, 2021
Initiation of Refunds	Nov 17, 2021
Credit of Shares to Demat Account	Nov 18, 2021
IPO Listing Date	Nov 22, 202