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Sapphire Foods India IPO (Initial Public Offering) will open for subscription on November 9, with up to 17,569,941 equity shares of Rs 10 each. Read on.
Sapphire Food India's IPO comprises a pure offer for sale (OFS) for 17.57 million shares by existing shareholders and promoters.
KFC and Pizza Hut outlets operator Sapphire Foods India Ltd will open for public subscription on November 9.
The shares of these companies will be listed on the BSE and NSE.
Sapphire Foods India Ltd. has sought the market regulator’s approval for an initial public offering, as the operator of KFC, Pizza Hut and Taco Bell in India, Maldives and Sri Lanka aims to join quick-service restaurant chain peers in what may be a record year for maiden offers.