Ticker > IPO > New Listed IPO > Sapphire Foods India Ltd.

Sapphire Foods India Ltd. IPO

It was set up in Sept 2015, by the acquisition of about 250 KFC and Pizza Hut Stores in India and Sri Lanka, by a group of leading Private Equity firms.

RHP
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DRHP
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Open Date

2021-11-09

Close Date

2021-11-11

IPO Details

Check out the issue details for Sapphire Foods India Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 1180

Price Band

₹ 1120 - 1180

Issue Size

2073.25 Cr.

Issue Type

Book Built

Open

2021-11-09

Close

2021-11-11

Listingprice

₹ 1350

ListingGain

14.41%

Listing Date

2021-11-18

CMP

₹ 1379

Current Return

16.86%

News

Sapphire Foods India informs about grant of stock options9 Feb, 3:03PM Sapphire Foods India - Quaterly Results9 Feb, 1:17PM Sapphire Foods India - Quaterly Results9 Feb, 1:17PM Sapphire Foods India - Quaterly Results9 Feb, 1:17PM Sapphire Foods India informs about analyst meet 6 Dec, 5:00PM Sapphire Foods India informs about investor presentation8 Nov, 12:20PM Sapphire Foods India - Quaterly Results2 Nov, 1:25PM Sapphire Foods India - Quaterly Results2 Nov, 1:25PM Sapphire Foods India - Quaterly Results2 Nov, 1:25PM Sapphire Foods India informs about board meeting 25 Oct, 3:32PM Sapphire Foods India informs about allotment of ESOP23 Aug, 3:39PM Sapphire Foods India informs about allotment under ESOP2 Aug, 3:13PM Sapphire Foods India - Quaterly Results2 Aug, 1:40PM Sapphire Foods India - Quaterly Results2 Aug, 1:40PM Sapphire Foods India - Quaterly Results2 Aug, 1:40PM Sapphire Foods India informs about analyst meet27 Jun, 2:26PM Sapphire Foods India submits analyst meet intimation25 May, 5:28PM Sapphire Foods India - Quaterly Results12 May, 1:59PM Sapphire Foods India - Quaterly Results12 May, 1:59PM Sapphire Foods India - Quaterly Results12 May, 1:59PM

Company Financials

You can get the following financial statements of Sapphire Foods India Ltd. as of now.

Exchange

NSE: SAPPHIRE BSE: 543397

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Subscription Details

The details about the Sapphire Foods India IPO is as:

  • The issue size of the IPO is 2073.25 Cr.
  • The price band ranges from Rs 1120 to Rs 1180.
  • The shares of Sapphire foods will list on 18th November 2021.
  • The latest tentative GMP of Sapphire Foods IPO is Rs 85.
  • Sapphire Foods IPO is subscribed 6.62 Times in total.

 

Sapphire Foods India Valuation

The approx valuation of Sapphire Foods India IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 1180
Existing Shares (Qty) 6.35 Cr
Market Cap 7493 Cr
EPS  Rs -19.04 
Industry PE 220.44x

 

Sapphire Foods India Issue Size

Sapphire Foods India IPO issue size is 2073.25 Cr. 

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 2073.25 Cr

 

Sapphire Foods India IPO Market Lot

An Individual can apply for a minimum 1 lot of 12 shares and a maximum of 14 lots of 168 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 12 Rs 14,160
 Maximum 14 168 Rs 1,98,240

 

Sapphire Foods India IPO share offer

Sapphire Foods IPO is subscribed 6.62 Times in total. It is Oversubscribed. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 7.50 Times
Non-Institutional Maximum 15% 3.46 Times
Retail Individual Maximum 10% 8,70 Times
Total   6.62 Times

 

Sapphire Foods IPO Grey Market Premium

As on GMP (Tentative)
13 November 2021 Rs 55
14 November 2021 Rs 65
15 November 2021 Rs 80
16 November 2021 Rs 80
17 November 2021 Rs 85

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Sapphire Foods India IPO:

Schedule Date
Basis of Allotment 16 November 2021
Refunds 17 November 2021
Credit to Demat Account 18 November 2021
IPO Listing Date 18 November 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 960.5 1103.57 805.17 1398.15 1962.78
Total Expenditure 941.09 957.48 714.96 1160.56 1574.75
Operating Profit 19.41 146.09 90.22 237.6 388.03
Other Income 9.11 11.06 53.25 34.09 28.94
Interest 16.04 60.22 65.71 66.73 79.47
Depreciation 54.53 155.57 174.45 180.15 236.7
Exceptional Items 0 -80.28 0 0 0
Profit Before Tax -42.05 -138.91 -96.7 24.81 100.79
Provision for Tax 0 0 0 0 -125.27
Net Profit -42.05 -138.91 -96.7 24.81 226.06
Adjusted EPS (Rs.) -0.98 -2.76 -1.83 0.39 3.56

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 43.11 50.24 52.79 63.54 63.54
Total Reserves 460.28 504.24 462.13 978.09 1220.59
Borrowings 50.92 42.21 40.82 37.77 18.58
Other N/C liabilities 4.32 448.93 446.07 608.22 608.23
Current liabilities 402.67 218.66 252.36 392.47 478.28
Total Liabilities 961.29 1264.28 1254.16 2080.09 2389.22
Assets
Net Block 519.16 918.63 871 1189.23 1571.1
Capital WIP 16.9 15.72 16.02 26.52 48.83
Intangible WIP 0.38 3.09 9.14 0.48 1.15
Investments 99.23 156.34 160.6 168.59 181.71
Loans & Advances 76.25 78.16 87.28 119.78 151.83
Other N/C Assets 10.35 0.01 0 37.82 0
Current Assets 239.01 92.32 110.12 537.69 434.62
Total Assets 961.29 1264.28 1254.16 2080.09 2389.22
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 7.02 9 7.43 8.34 6.35
Profit Before Tax 31.62 10.68 33.98 19.74 13.48
Tax 0 -125.27 8.65 4.79 3.44
Profit After Tax 31.62 135.94 25.33 14.95 10.04
Adjusted EPS (Rs) 4.98 21.39 3.98 2.35 1.58

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 30.84 0
Dec 2023 31.3 0
Sep 2023 41.68 0
Jun 2023 44.86 0
Mar 2023 44.9 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -42.05 -139.91 -96.7 24.81 100.79
Adjustment 73.3 297.33 203.86 252.27 305.05
Changes in Assets & Liabilities -2.38 9.94 8.48 -35.42 8.46
Tax Paid -0.54 -0.68 -0.53 -1.96 -0.42
Operating Cash Flow 28.32 166.67 115.1 239.7 413.88
Investing Cash Flow -297.43 -39.24 -70.51 -578.62 -253.59
Financing Cash Flow 262.54 -129.14 -30.21 341.96 -178.38
Net Cash Flow -6.57 -1.71 14.38 3.05 -18.09
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