Sapphire Foods IPO 49% subscribed on day one, check details before investing
[ad_1]
Sapphire Foods IPO subscribed: The IPO of Sapphire Foods India, which operates KFC and Pizza Hut, has opened for subscription today. Today was the first day of the company’s IPO subscription. The company’s IPO on the first day has been subscribed about 49 percent. According to the data released by NSE, on the first day of IPO of Sapphire Foods on Tuesday, bids for a total of 47,11,212 shares were received.
Who got how many bids?
96,63,468 shares have been offered by the company. In this the retail individual investor segment has been subscribed 2.56 times. Apart from this, only two per cent has been subscribed in the QIB segment and only five per cent is subscribed on the shares reserved for non-institutional investors.
Will be open till 11th November
Let us tell you that the IPO is of total 1,75,69,941 shares. This IPO will be open for subscription from November 9 to 11 and through this the company is planning to raise Rs 2073 crore. Let us tell you that in this IPO, the company will not issue fresh equity shares. In this, shares will be sold only through offer for sale. If you also have a plan to invest money in this issue, then before that you should know about the details of this IPO-
how much will be invested
This IPO will be listed in the market on 22 November 2021 and its price band was fixed at Rs 1120-1180. It will get 12 shares in one lot. Investors will have to invest Rs 14,160 for a lot.
Know who has how much stake
Talking about the stake, Sapphire Foods Mauritius has 46.53 percent stake in the company. Apart from this, QSR Management Trust holds about 5.96 percent stake. WWD Ruby holds about 18.79 per cent stake in it. Apart from this, Amethyst Pvt. Ltd has 6.67 per cent stake, AAJV Investment Trust holds 0.14 per cent and Edelweiss Crossover Opportunities Fund has 6.83 per cent stake.
Read also:
Indigo’s special offer, travel in all these cities including Leh, Jammu for just Rs 1400
IPO Allotment: If you have invested money in IPO, then check if shares have come in your account or money?
.
[ad_2]
