Sapphire Foods India is the YUM brand’s largest franchise operator in the Indian subcontinent in terms of revenue as of FY’20. It is also Sri Lanka’s largest international QSR chain in terms of revenue for FY’ 2021 and the number of restaurants operated as of March 31, 2021. As of March 31, 2021, the company owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and 2 Taco Bell restaurants in Sri Lanka. The company’s total number of restaurants in the subcontinent region grew from 376 in 2019 to 437 in 2021.
Sapphire foods India has an in-house supply chain function and works with vendor partners for food ingredients, packaging, warehousing, and logistics. The company operates warehouses across 5 Indian cities and has invested in building technology solutions in their restaurants. Company employs the YUM brand’s global online and digital channel solutions to enhance customer experience and achieve operational efficiency and financial control. The company operates its restaurants at high-traffic and high visibility locations in key metropolitan areas and cities across India and develops new restaurants in new cities as part of its expansion strategy.
Competitive Strengths
- One of India’s largest restaurant franchisee operators and Sri Lanka’s largest international QSR chain
- YUM’s largest franchise operator in the Indian subcontinent in terms of revenue
- Focus on delivering excellent customer experience
- Quality control and operational excellence
- Scalable business model
- Experienced management team with robust corporate governance practices.
Sapphire Foods India Limited IPO Tentative Timetable
| Particular | Date |
| IPO Open Date | 09 Nov 2021 |
| IPO Close Date | 11 Nov 2021 |
| Allotment Date | 16 Nov 2021 |
| IPO Listing Date | 18 Nov 2021 |
Sapphire Foods India Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 1120 to Rs. 1180 Per Equity Share |
| Market Lot | 12 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE, & BSE |
| Issue Size | Approx. Rs. 2073 Crore. |
Sapphire Foods India Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 12 | Rs. 14160 |
| Maximum | 14 | 168 | Rs. 198240 |
Sapphire Foods India Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Sapphire Foods India Limited
Click Here To Get ASBA Forms Sapphire Foods India Limited
Company Financials:
| Particular | 31 March 2021 | 31 March 2020 | 31 March 2019 |
| Total Assets | 13489.37 | 13806.64 | 15674.72 |
| Total Revenue | 10812.35 | 13517.36 | 12062.82 |
| Profit After Tax | (998.97) | (1592.47) | (694.04) |
Company Promoters:
QSR Management Trust and Sapphire Foods Mauritius Limited are the company promoters.
Objects of this Issue:
The net IPO proceeds will be used for the following purposes.
- to carry out the offer for saCarry 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.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Sapphire Foods India Limited 702, Prism Tower, A Wing, Mindspace, Link Road, Goregaon (West), Mumbai, 400 062, Maharashtra, India. Phone: +91 22 6752 2343 Email: investor@sapphirefoods.in Website: https://www.sapphirefoods.in/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: sapphire.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
