Sapphire Foods India Ltd (SFIL) is an omnichannel restaurant operator and the largest franchisee of Yum! Brands in the Indian subcontinent. Get more Markets News and Business News on Zee Business.
Tega Industries IPO created a history when it was oversubscribed by 219.04 times on Friday. In the process, the initial public offer also named a unique feat to its name by receiving the highest bids in a decade from qualified institutional buyers (QIB).
Sapphire Foods CEO Sanjay Purohit said the company has observed a health recovery in dine-in sales owing to ease in covid-related restrictions, as delivery sales continued to accelerate.