Sapphire Foods India IPO subscribed 6.62 times, check allotment, listing date

Sapphire Foods India Limited IPO was subscribed 6.62 times on the last day of subscription on Thursday.

New Delhi: The initial public offer of Sapphire Foods India Limited, which operates KFC and Pizza Hut outlets, was subscribed 6.62 times on the last day of subscription on Thursday.

The Rs 2,073-crore IPO received bids for 6,39,45,000 shares against 96,63,468 shares on offer, according to BSE data.

The portion for Qualified Institutional Buyers (QIBs) was subscribed 7.50 times, while those for Retail Individual Investors (RIIs) 8.70 times and non institutional investors 3.46 times.