Devyani intl. And Zommato have face value of Rs 1 only per share. Sapphire food have face value of Rs. 10 per share So price should be in thousand. Aprox 2000 crores IPO. So price range above 1000. Upper side 1250.
if they will price IPO above Rs1000 then peer devyani is available at a cheaper rate, March 21 ending devyani EPS is far better than Sapphire. But they will consider June 21 or Sept 21 numbers to decide IPO price.
Devyani kicked up .. Excellent numbers.... anyone still confused should refer to link below. https://infinityweb.co.in/devyani-international-vs-sapphire-foods-how-two-kfc-and-pizza-hut-operators-in-india-stack-up
A guy who is supposedly a top contributor in the forum giving analogy based on FV. absolutely laughable. even if he had used sales to mcap would have made sense. majorly ofs means less exapnsion
6.7. dpcdsl| Link| Bookmark|
November 8, 2021 8:57:28 PM
Top Contributor (400+ Posts, 200+ Likes)
Paid up value matters. If stock is split in Re.1/-, shares holders shall get 10 shares for each share of Rs,10/- paid up.
In this case suppose it is split in Re.1/- paid up, an investor shall have 120 shares for Rs.14,160/- resulting in Rs.118/- per share only.
Now it may be be compared with same paid up share.
BIG BREAKING.... Sapphire Foods India Limited file RHP with SEBI on 27-Oct-2021
Issue Date : 9 to 11 Nov, 2021 OFS : 17,569,941 Shares Retail : 10% FV : Rs 10
IPO Open : November 9, 2021 IPO Close : November 11, 2021 Basis of Allotment : November 16, 2021 Initiation of Refunds : November 17, 2021 Credit of Shares : November 18, 2021 IPO Listing Date : November 22, 2021
BIG BREAKING... Sapphire Foods India Limited file RHP with SEBI on 27-Oct-2021
Issue Date : 9 to 11 Nov, 2021 OFS : 17,569,941 Shares Retail : 10% FV : Rs 10
IPO Open : November 9, 2021 IPO Close : November 11, 2021 Basis of Allotment : November 16, 2021 Initiation of Refunds : November 17, 2021 Credit of Shares : November 18, 2021 IPO Listing Date : November 22, 2021