Sapphire Foods India IPO GMP – Check Latest IPO Grey Market Premium
Last Updated Date: Jul 12, 2022Sapphire Foods India is about to release its IPO on Nov 9, 2021. The issue is closing on Nov 11, 2021, and is currently having an active grey market. The Sapphire Foods India IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in the case of Sapphire Foods India IPO. The company is intended to raise Rs 20732.50 million by the released issue.
Sapphire Foods India IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 18 November 2021 | Rs 123 | Rs – | Rs – |
| 17 November 2021 | Rs 85 | Rs – | Rs – |
| 16 November 2021 | Rs 80 | Rs – | Rs – |
| 15 November 2021 | Rs 80 | Rs – | Rs – |
| 14 November 2021 | Rs 90 | Rs – | Rs – |
| 13 November 2021 | Rs 90 | Rs – | Rs – |
| 12 November 2021 | Rs 90 | Rs – | Rs – |
| 11 November 2021 | Rs 90 | Rs – | Rs – |
| 10 November 2021 | Rs 90 | Rs – | Rs – |
| 09 November 2021 | Rs 125 | Rs – | Rs – |
| 08 November 2021 | Rs 125 | Rs – | Rs – |
| 07 November 2021 | Rs 120 | Rs – | Rs – |
| 06 November 2021 | Rs 120 | Rs – | Rs – |
| 05 November 2021 | Rs 110 | Rs – | Rs – |
| 04 November 2021 | Rs 110 | Rs – | Rs – |
Check out Related IPO Links:
| Review Sapphire Foods India IPO |
| Sapphire Foods India IPO Allotment |
| LIVE Subscription – Sapphire Foods India IPO |
Open Free Demat Account Now!
Sapphire Foods India IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Open Date | Nov 9, 2021 |
| IPO Close Date | Nov 11, 2021 |
| Basis of Allotment Date | Nov 16, 2021 |
| Initiation of Refunds | Nov 17, 2021 |
| Credit of Shares to Demat Account | Nov 18, 2021 |
| IPO Listing Date | Nov 22, 2021 |
Sapphire Foods India IPO – Financial Performance
The below-given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about Sapphire Foods India IPO.
| Amount (in INR & Million) | |||||
| 30-Jun-21 | 30-Jun-20 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 13,710.76 | 13,088.66 | 13,489.37 | 13,806.64 | 15,674.72 |
| *Total Revenue | 3,139.25 | 1,361.75 | 10,812.35 | 13,517.36 | 12,062.82 |
| Total Expense | 3,395.69 | 2,110.59 | 11,799.29 | 14,183.28 | 12,745.86 |
| Profit After Tax | (264.03) | (751.73) | (998.97) | (1,592.47) | (694.04) |
Earnings per Equity Share (in Million)
| 30-Jun-21 | 30-Jun-20 | Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Basic & Diluted | (4.94) | (14.80) | (19.04) | (31.36) | (14.95) |
FAQs Related to Sapphire Foods India IPO GMP
What is the current Sapphire Foods India IPO GMP Price?
As on today, the Sapphire Foods India IPO GMP is Rs.123.
What is the current Sapphire Foods India IPO Kostak Rate?
The Kostak rate is Rs 0 for Sapphire Foods India IPO.
What is today’s Sapphire Foods India IPO Subject to Sauda Rate?
As on today, the Sapphire Foods India IPO Subject to Sauda is Rs 0.
Where to Check Sapphire Foods India IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: IPO Allotment Status
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.
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Disclaimer:
The Sapphire Foods India IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.
It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.