Sapphire Foods IPO share allotment: Here’s how you can test your standing on-line

Sapphire Foods IPO share allotment standing: Sapphire Foods India, which operates KFC and Pizza Hut retailers, had its preliminary public providing (IPO) from November 11th of September, 2021 the place it received subscribed 6.62 occasions.
The IPO had obtained bids of over 6.39 crore (6,39,45,000) shares in opposition to the overall situation measurement of over 96.63 lakh (96,63,468) shares. The shares that are to be allotted for the certified institutional consumers (QIBs) was subscribed 7.50 occasions, whereas these of non institutional buyers was subscribed 3.46 occasions and that of retail particular person buyers (RIIs) was subscribed 8.70 occasions, knowledge accessible within the inventory exchanges confirmed.
The Rs 2,073 crore Sapphire Foods IPO is completely a proposal of sale (OFS) of 17,569,941 fairness shares by promoters and current shareholders. The firm is not going to obtain any proceeds from the supply.
Investors at the moment are trying ahead to the share allotment date of the Sapphire Foods IPO. The firm is meant to finalise the allotment right now, November 16, 2021, as per the timeline offered in its pink herring prospectus (RHP). In case you’ve got utilized for Sapphire Foods India, then right here is how one can test the standing of your allotment when it will get declared:
The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Sapphire Foods India Limited – IPO within the drop-down menu and enter both their PAN, utility quantity or DP Client ID. and click on on search to view their allotment standing.
 
Apart from the registrar’s web site, candidates also can test the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose SAPPHIRE FOODS INDIA LIMITED from the drop-down checklist within the Issue Name part, enter their Application Number and PAN Number within the respective packing containers. Then they need to test on the ‘I am not a robot’ field after which click on on search to view their standing.
The itemizing of shares of Sapphire Foods India is prone to happen on Monday, November 22, 2021, on each the NSE and BSE.