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DSM Fresh Foods Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹101
Per Share
GMP
+₹22
+21.78% Grey Market
Est. Listing
₹123
Expected Price
Min. Application
₹242,400
2 lots × 1200 shares
IPO Issue Details
Issue Price / Price Band₹101 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size59,06,400 shares (aggregating up to ₹59.65 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 26 Sep 2025
Subscription CloseTue, 30 Sep 2025
Anchor AllotmentThu, 25 Sep 2025
Basis of AllotmentWed, 01 Oct 2025
Initiation of RefundsFri, 03 Oct 2025
Credit of Shares to DematFri, 03 Oct 2025
Listing DateMon, 06 Oct 2025
UPI Mandate Deadline2025-09-30
Application & Investment Details
Retail — Min (2 Lots)242400 — 2400 shares
Retail — Max (13 Lots)₹1,575,600 (13 Lots)
HNI — Min (3 Lots)363600 — 3600 shares
EPS (Pre-IPO)₹5.53
EPS (Post-IPO)₹4.06
P/E Ratio (Pre-IPO)18.28x
P/E Ratio (Post-IPO)24.87x
Net Offer to Public55,75,200 shares (aggregating up to ₹56.31 Cr)
Reserved for Market Maker3,31,200 shares (aggregating up to ₹3.35 Cr)
Pre-IPO Promoter Holding1,63,80,738 shares
Post-IPO Promoter Holding2,22,87,138 shares
About DSM Fresh Foods Ltd.

Incorporated in May 2015, DSM Fresh Foods Limited is engaged in the business of fresh meat and ready-to-cook/eat non-veg products retailer.The company operating under the brand name Zappfresh, specialises in the online retail of fresh meat and ready-to-cook/eat products.The user-friendly website and app offer diverse, fresh, hygienically sourced meats, including poultry, seafood, and exotic options. The company ensures that all produce reaches consumers fresh.Zappfresh offers quality fresh meat via its website and mobile app, available on Android and ios, with over 100,000 downloads on the Play Store.Products:Fresh Meats: Chicken, mutton, pork, seafood, and specialty meatsReady-to-Cook/Eat Items: Mutton Seekh Kebab, Chicken Cheese Nuggets, Masala Fish FingersCold Cuts: Chicken Salami, Chicken Ham, sausagesMarinated Meats: Chicken Methi Tikka, Masala Wings, Chicken TikkaAs of August 13, 2025, the company had 46 employees.Competitive Strength:Experienced and Qualified management team.Well organized organisational structure,Efficient business model (Farm to Fork Model).Products come from farms with innovative technologies for healthy animal growth.Improving quality builds its reputation with fewer complaints.Hygienically and humanely well-maintained slaughterhouses.

Objects of the Issue

DSM Fresh Foods Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Capital Expenditure Requirement
10.68
2
Marketing Expenditure
15.00
3
Working Capital Requirement
25.00
4
Unidentified Acquistion and General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,63,80,738 shares
Post-IPO Promoter Holding 2,22,87,138 shares
Check AllotmentCheck Status →
DSM Fresh Foods Ltd. — Live Price LIVE
₹101.00
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Issue ₹101.00 GMP: +₹22 (+21.78%) Live Price
Quick Facts
GMP Signal🟢 Positive
StatusListed
Issue Price₹101
GMP+₹22
Est. Listing₹123
Lot Size1,200 shares
Min Amount₹242,400
Listing Date06 Oct 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹101
Listing Date06 Oct 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 331,200 ₹3.35 Cr
TOTAL 5,906,400 100.00% ₹59.65 Cr
* Based on ₹101.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,200
Shares
Issue Price
₹101.00
Per Share
Min Investment
₹121,200
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,200 ₹121,200
Retail (Max) 13 15,600 ₹1,575,600
sNII (Min) 14 16,800 ₹1,696,800
bNII (Min) 68 81,600 ₹8,241,600
Company Financials — Restated Consolidated (Amount in ₹ Crores)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 131.47 90.68 56.61
EBITDA 17.05 9.58 3.41
Profit After Tax (PAT) 9.05 4.67 2.74
Net Worth 49.09 38.04 16.54
Total Assets 84.04 50.00 22.01
Reserves & Surplus 32.70 37.95 16.46
Total Borrowings 31.70 7.65 2.07
Key Ratios & Valuation
Issue Price ₹101
Face Value ₹10 Per Share
P/BV 3.37
RoE 20.78%
RoCE 24.71%
RoNW 20.78%
PAT Margin (%) 5.16%
EBITDA Margin (%) 13.04%
Debt / Equity 0.65
Company Details
Company
DSM Fresh Foods Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
115-116, First Floor Vishal Tower, District Centre Janakpuri, Janakpuri B-1, West Delhi, New Delhi, 110058
Book Running Lead Managers
Narnolia Financial Services Ltd.
Book Running Lead Manager (BRLM)