Sapphire Foods IPO: How to check allotment status online on BSE portal

The initial public offer (IPO) of Sapphire Foods India Limited, which operates KFC and Pizza Hut outlets, was subscribed 6.62 times. The Rs 2,073-crore IPO received bids for 6,39,45,000 shares against 96,63,468 shares on offer, according to BSE data.

Sapphire Foods IPO shares allotment finalisaton date: May take place on 16th November

Here is direct BSE link and step by step guide to know Sapphire Foods IPO Shares Allotment status online:-

Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx
 
Step 2- Select Sapphire Foods IPO 
 
Step 3- Enter your Sapphire Foods IPO application number
 
Step 4- Enter your PAN card details
 
Step 5 - Click at 'I'm not a robot'
 
Step 6 - Click at 'Submit' button
 
You will get to know the Sapphire Foods IPO allotment status of your application

Sapphire Foods IPO

- The portion for Qualified Institutional Buyers (QIBs) was subscribed 7.50 times, while those for Retail Individual Investors (RIIs) 8.70 times and non institutional investors 3.46 times.

- The company's initial public offer (IPO) was of up to 1.75 crore (1,75,69,941) equity shares and it fixed the price band at Rs 1,120-1,180 per share. Sapphire Foods India Ltd had raised Rs 933 crore from anchor investors.

- JM Financial, BofA Securities India, ICICI Securities and IIFL Securities were the managers to the offer.

-The equity shares of the company will be listed on BSE and NSE. 

Sapphire Foods 

- Sapphire Foods, an omnichannel restaurant operator and the largest franchisee of Yum Brands in the Indian sub-continent, is backed by marquee investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss.

-As of March 31, 2021, Sapphire Foods owned and operated 204 KFC restaurants in India and the Maldives, 231 Pizza Hut restaurants in India, Sri Lanka and the Maldives, and two Taco Bell restaurants in Sri Lanka.