A few days back, we saw that Sapphire Foods IPO (Initial Public Offering) has opened for subscription. Sapphire Foods holds the foods products of HUL, its parent company. It is India’s largest FMCG. If you’re an investor of the IPO, should you hold or book profit? Have a look at the Sapphire Foods Share price prediction 2021, 2021, 2023, and so on.

Sapphire Foods Share Price Prediction 2022, 2023, and 2025

Sapphire Foods Share Price Prediction 2022, 2023, and 2025

Sapphire Foods IPO is listed on BSE with a market capitalization of Rs 1,768.24 Cr. The company has 3,274,844.00 Equity Shares out of which 762,174 are Issued and Outstanding as of 07-08-2017.

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If you have invested in their IPO, you might be willing to know about the price prediction of what would be the future of Sapphire Foods Share Price, then let us dive deep into the company before holding or booking profit in the IPO.

What is Sapphire Foods?

Sapphire Foods is a “brand” created by the investors to hold the food products of its parent company Hindustan Unilever Limited (HUL), which would be India’s largest fast-moving consumer goods (FMCG) company after the merger. It is yet to be branded but all its products are now being marketed under the HUL moniker.

Sapphire food is a pure vegetarian food manufacturing industry .which manufactures & markets frozen vegetables, processed fruit & pure vegetarian foods. The brand is well equipped with state-of-the-art procedures under the HACCP system.

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Sapphire Foods is far ahead of its competitors as it is a premium food company that manufactures and markets frozen vegetables, processed fruits, pure vegetarian foods, and other Indian delicacies. Sapphire has set benchmarks in the industry for its innovative products and stringent quality control procedures.

It is the only company in India that has unique and proven expertise in the processing and packaging of vegetables.

Sapphire Foods Share Price and IPO

Sapphire Foods IPO: Sapphire Foods, the parent entity of KFC and Pizza Hut businesses in India, has raised about ₹933 crores from anchor investors ahead of its initial public offering (IPO). The company was listed on both the BSE and NSE on August 14. The company will sell shares worth ₹524 crores on BSE and its subsidiary Chennai-based securities market will sell an equal amount on NSE.

Sapphire Foods IPO, which opens for anchor investors today, saw strong demand for the issue with retail investors bidding for less than 5% of the share issue. The fried chicken and pizza chain is likely to raise ₹ 969 crore from its initial public offering (IPO) to cut down debt incurred due to capital expenditure.

Sapphire Foods IPO Opens

Sapphire Foods IPO, which opens for anchor investors today, saw strong demand for the issue with retail investors bidding for less than 5% of the share issue. The fried chicken and pizza chain is likely to raise ₹ 969 crore from its initial public offering (IPO) to cut down debt incurred due to capital expenditure.

With the finalization of its basis of share allotment, all eyes are on Sapphire Foods as it goes public. and now all those who have applied will be eagerly waiting for the listing on BSE and NSE.

Sapphire Foods’ share price is likely to rise after it goes public. The company had raised about $100 million from investors as per media reports and the IPO is likely to believe to be closed at a value of 153% and higher than what SEC filing exhibited i.e. 18X 2016 revenues leading to valued over $250 million.

These developments clearly reveal the bright future for food startups in India and we strongly believe investors will be confident towards startup food businesses like Sapphire Foods with such good results.

So, this was all about Sapphire Foods Share Price Prediction 2022, 2023, and 2025. Hopefully, you will like our approach.

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