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

Sapphire Foods India Ltd. 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

₹ 311.75

Current Return

-73.58%

Sapphire Foods India Ltd. News

Sapphire Foods India informs about allotment of equity shares20 Dec, 2:04PM Sapphire Foods India informs about updates16 Dec, 5:25PM Sapphire Foods India informs about investor meeting 30 Oct, 5:31PM Sapphire Foods India - Quaterly Results28 Oct, 1:38PM Sapphire Foods India - Quaterly Results28 Oct, 1:38PM Sapphire Foods India - Quaterly Results28 Oct, 1:38PM Sapphire Foods India informs about disclosure24 Sep, 12:50PM Sapphire Foods India informs about disclosure3 Sep, 11:58AM Sapphire Foods India informs about disclosure 28 Aug, 2:59PM Sapphire Foods India informs about proceedings of AGM9 Aug, 5:08PM Sapphire Foods India informs about disclosure 9 Aug, 5:02PM Sapphire Foods India - Quaterly Results30 Jul, 1:18PM Sapphire Foods India - Quaterly Results30 Jul, 1:18PM Sapphire Foods India - Quaterly Results30 Jul, 1:18PM Sapphire Foods India informs about allotment of ESOP30 Jul, 1:01PM Sapphire Foods India - Quaterly Results10 May, 1:47PM Sapphire Foods India - Quaterly Results10 May, 1:47PM Sapphire Foods India - Quaterly Results10 May, 1:47PM Sapphire Foods India informs about disclosure 2 May, 1:06PM Sapphire Foods India informs about grant of stock options9 Feb, 3:03PM

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

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.

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1103.57 805.17 1398.15 1981.14 2236.08
Total Expenditure 957.48 714.96 1160.56 1590.5 1818.05
Operating Profit 146.09 90.22 237.6 390.64 418.03
Other Income 11.06 53.25 34.09 29.71 31.57
Interest 60.22 65.71 66.73 80.21 93.58
Depreciation 155.57 174.45 180.15 239.05 290.66
Exceptional Items -80.28 0 0 0 0
Profit Before Tax -138.91 -96.7 24.81 101.1 65.36
Provision for Tax 0 0 0 -125.27 14.59
Net Profit -138.91 -96.7 24.81 226.36 50.77
Adjusted EPS (Rs.) -0.55 -0.37 0.08 0.71 0.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 50.24 52.79 63.54 63.54 63.7
Total Reserves 504.24 462.13 978.09 1086.78 1165.38
Borrowings 42.21 40.82 37.77 18.58 12.23
Other N/C liabilities 448.93 446.07 608.22 612.63 876.89
Current liabilities 218.66 252.36 392.47 481.7 377.08
Total Liabilities 1264.28 1254.16 2080.09 2263.23 2495.29
Assets
Net Block 918.63 871 1189.23 1578.03 1951.76
Capital WIP 15.72 16.02 26.52 48.83 59.79
Intangible WIP 3.09 9.14 0.48 1.15 0.71
Investments 156.34 160.6 168.59 38.01 40.27
Loans & Advances 78.16 87.28 119.78 130.47 141.15
Other N/C Assets 0.01 0 37.82 1.9 0.37
Current Assets 92.32 110.12 537.69 464.85 301.23
Total Assets 1264.28 1254.16 2080.09 2263.23 2495.29
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 8.45 6.35 9.99 5.24 8.56
Profit Before Tax 19.58 13.48 -0.14 12.51 -15.03
Tax 4.79 3.44 -2.29 3.17 0.43
Profit After Tax 14.79 10.04 2.15 9.34 -15.46
Adjusted EPS (Rs) 0.46 0.32 0.07 0.29 -0.48

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 26.2 0
Jun 2024 30.82 0
Mar 2024 30.84 0
Dec 2023 31.3 0
Sep 2023 41.68 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -139.91 -96.7 24.81 101.1 65.36
Adjustment 297.33 203.86 252.27 307.89 369.6
Changes in Assets & Liabilities 9.94 8.48 -35.42 8.98 -14.36
Tax Paid -0.68 -0.53 -1.96 -0.46 1.53
Operating Cash Flow 166.67 115.1 239.7 417.5 422.12
Investing Cash Flow -39.24 -70.51 -578.62 -250.2 -170.92
Financing Cash Flow -129.14 -30.21 341.96 -181.36 -196.82
Net Cash Flow -1.71 14.38 3.05 -14.07 54.38
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