Sapphire Foods is one of YUM’s franchisee operators in the Indian subcontinent. The franchisee arrangement with YUM allows Sapphire Foods to operate, on a non-exclusive basis, the KFC brand in several states in India and across the Maldives, the Pizza Hut brand in several states in India and across Sri Lanka and the Maldives, and the Taco Bell brand across Sri Lanka.

It owned and operated 209 KFC restaurants in India and the Maldives, 239 Pizza Hut restaurants in India, Sri Lanka, and the Maldives, and two Taco Bell restaurants in Sri Lanka, as of June 30, 2021. It is also Sri Lanka’s largest international QSR chain, in terms of revenue and the number of restaurants operated as of March 31, 2021, with 35% of the total market revenue and 39% of the total number of outlets in the market.

Sapphire Foods entire public offer comprises of offer for sale of 1.75 crore equity shares from existing shareholders.

Financial Snapshot

Financial Year Ended	Revenue (₹ Crores)	Loss for the period (₹ Crores)	EPS (₹)
March 2019	1,206.28	-69.40	-14.95
March 2020	1,351.74	-159.25	-31.36
March 2021	1,081.24	-99.90	-19.04
Three months ended June 2020	136.18	-75.17	-14.8
Three months ended June 2021	313.93	-26.40	-4.94

IPO Schedule

Issue Period	9th November 2021 to 11th November 2021
Finalization of Allotment	16th November 2021
Initiation of Refunds	17th November 2021
Credit of Shares	18th November 2021
Date of Listing	22nd November 2021
Mandate end date	29th November 2021

How do I apply to the Sapphire Foods IPO?

You can apply for the Sapphire Foods IPO using any supported UPI app by following two steps:

• Enter your bid on Console
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for Sapphire Foods IPO?

You can check the allotment status for the Sapphire Foods IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.