Sapphire Foods raises ₹933 crores from 53 Anchor Investors

A largest franchisees of Yum! Manufacturers Inc. Sapphire Meals raised ₹933 crores from anchor buyers on November 08, 2021 Monday earlier than the IPO. The Sapphire Meals IPO to open on November 09, Tuesday. The corporate allotted whole of 79,06,473 fairness shares to 53 Anchor buyers at a higher worth band ₹1180. The anchor buyers record contains 2 Mutual Funds via a complete of 19 schemes. The corporate goes to lift ₹2073 crores through IPO. Try the ultimate record of Sapphire Meals Anchor Traders given under:

Record of Sapphire Meals Anchor Traders:

The IPO Committee of the Board of Administrators of the corporate of their assembly held on November 08, 2021, in session with the Promoting Shareholders (excluding WWD Ruby Limite), JM Monetary Restricted, BofA Securities India Restricted, ICICI Securities Restricted and IIFL Securities Restricted (E-book Operating Lead Managers), have finalized allocation of 79,06,473 Fairness Shares, to the Anchor Traders at Anchor Traders Allocation worth of Rs.1180 per Fairness Share (together with share premium of Rs.1170 per fairness share). The small print are given under:

The Sapphire Meals IPO to open on 09 November and closes on 11 November 2021. The value band is fastened at ₹1120 to ₹1180. Sapphire Meals IPO utility minimal bid is for 12 Shares (₹14,160) and most bid is 168 shares (₹198,240). The E-book Operating Lead Managers of the IPO are JM Monetary Restricted, BofA Securities India Restricted, ICICI Securities Restricted and IIFL Securities Restricted.