KFC, Pizza Hut operator Sapphire Foods sets IPO price band of Rs 1,120-1,180/share

November 02, 2021 11:09

Sapphire Foods India, which operates KFC and Pizza Hut outlets, on Tuesday said it has fixed a price band of Rs 1,120-1,180 a share for its Rs 2,073-crore initial public offering (IPO).

The initial share-sale will open on November 9 and conclude on November 11. The bidding for anchor investors will open on November 8, the company announced. The IPO will be entirely an offer for sale (OFS) of 1,75,69,941 equity shares by promoters and existing shareholders.

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