KFC, Pizza Hut operator Sapphire Foods' IPO to open on November 9
The Hindu
According to market sources, the IPO is expected to fetch ₹ 1,500 to 2,000 crore.
The initial share-sale of Sapphire Foods India Ltd, which operates KFC and Pizza Hut outlets, will open for public subscription on November 9.
The three-day initial public offering (IPO) will conclude on November 11, according to the red herring prospectus (RHP).
The initial share-sale will be entirely an offer-for-sale (OFS) of 17,569,941 equity shares by promoters and existing shareholders.
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