Kfc, operator of Pizza Hut Sapphire Foods to list on Bse, Nse today; Key things to know
Sapphire Foods India – a operator of KFC and Pizza Hut outlets in the country – will list its shares on the BSE and NSE exchanges on Thursday, November 18.
The Sapphire Foods IPO received total bids for 6.4 crore of shares as part of the IPO, compared to 96.6 lakh of shares offered. Sapphire Foods India shares were available to bid on in the IPO at a price range of Rs 1,120 to Rs 1,180, in multiples of 12.
Sapphire Foods aims to use the proceeds of the IPO to create a public market for its shares, enjoy the benefits of listing, and promote its brand.
Sapphire Foods shares will be listed on the BSE and NSE stock exchanges at 10 a.m. on November 18.
Sapphire Foods, a restaurant operator and the largest franchisee of Yum Brands in the Indian subcontinent is backed by renowned investors such as Samara Capital, Goldman Sachs, CX Partners and Edelweiss.
(Edited by : Sandeep Singh)
First publication: STI