Business Standard

Sapphire Foods India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

2,073.25 cr

Price Range (₹)

1180

Lot Size

12

Min Investment (₹)

14,160.00

Listing Exchange

MumbaiNSE

Open Date

09-Nov-2021

Close Date

11-Nov-2021

Listing Date

18-Nov-2021

Sapphire Foods India Ltd News

    The Shares of Sapphire Foods India Ltd have now been listed.

    Sapphire Foods India Ltd IPO Details

    Initial public offering of 17,569,941* equity shares of face value of Rs. 10 each (Equity Shares) of Sapphire Foods India Limited (The Company or the Issuer) for cash at a price of* Rs. 1180 per equity share including a securities premium of Rs. 1170 per equity share (The Offer Price) through an offer for sale aggregating to Rs. 2073.25 crores (The Offer or Offer for Sale by the selling shareholders, comprising of 850,000* equity shares aggregating to Rs. 100.30 crores by QSR Management Trust (QMT), 5,569,533* equity shares aggregating to Rs. 657.20 crors by Sapphire Foods Mauritius Limited (Sapphire Mauritius and together with qmt, the Promoter Selling Shareholders), 4,846,706* equity shares aggregating to Rs. 571.91 crores by WWD Ruby Limited (WWD), 3,961,737* equity shares aggregating to Rs. 467.48 crores by Amethyst Private Limited (Aamethyst), 80,169* equity shares aggregating to Rs. 9.46 crores by Aajv Investment Trust (AAJV), 1,615,569* equity shares aggregating to Rs. 190.63 crores by Edelweiss Crossover Opportunities Fund ('Edelweiss) and 646,227* equity shares aggregating to Rs. 76.25 crores by Edelweiss Crossover Opportunities Fund - series II (Edelweiss II and together with WWD, Amethyst, Aajv, and Edelweiss, the Investor Selling Shareholders) (investor selling shareholders together with the promoter selling shareholders are referred to as the Selling Shareholders and individually the Selling Shareholder). The offer will constitute 27.65% of the post-offer paid up equity share capital.*Subject to finalisation of the basis of allotment.The face value of the equity share is Rs. 10/-. The offer price is 118 times the face value of the equity shares.Bids can be made for a minmum of 12 equity shares and in multiples of 12 equiy shares thereafter.

    Objective of issue

    To Carry out the Offer for Sale of up to 17,569,941 shares by the Selling Shareholders. Listing of Shares on the Stock Exchanges.

    Sapphire Foods India Ltd Contact Details

    Sapphire Foods India Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investor@sapphirefoods.in

    Website - www.sapphirefoods.in