DSM Fresh Foods Limited – IPO
DSM Fresh Foods Limited – IPO Details
| IPO Date | September 26, 2025 to September 30, 2025 |
| Listing Date | October 6, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 96 to ₹ 101 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 59,06,400 shares (Aggregating up to ₹59.65 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,63,80,738 shares |
| Share holding post issue | 2,22,87,138 shares |
| Market Maker portion |
DSM Fresh Foods Limited Timeline (Tentative Schedule)
DSM Fresh Foods Limited IPO opens on September 26, 2025, and closes on September 30, 2025.
| IPO Open Date | September 26, 2025 |
| IPO Close Date | September 30, 2025 |
| Basis of Allotment | October 1, 2025 |
| Initiation of Refunds | October 3, 2025 |
| Credit of Shares to Demat | October 3, 2025 |
| Listing Date | October 6, 2025 |
| Cut-off time for UPI mandate confirmation | September 30, 2025 |
DSM Fresh Foods Limited IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.242,400 |
| Retail (Max) | 2 | 2,400 | Rs.242,400 |
| S-HNI (Min) | 3 | 3,600 | Rs.363,600 |
| S-HNI (Max) | 8 | 9,600 | Rs.969,600 |
| B-HNI (Min) | 9 | 10,800 | Rs.1,090,800 |
| HNI (Min) |
DSM Fresh Foods Limited IPO Promoter Holding
| Share Holding Pre Issue | 38.24% |
| Share Holding Post Issue | 28.11% |
DSM Fresh Foods Limited IPO Reservation
DSM Fresh Foods IPO offers a total of 59,06,400 shares. Out of which 27,82,800 (47.11%) allocated to QIB, 11,16,000 (18.89%) allocated to QIB (Ex- Anchor), 8,38,800 (14.20%) allocated to NII, 19,53,600 (33.08%) allocated to RII, and 16,66,800 (28.22%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 3,31,200 (5.61%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 27,82,800 (47.11%) |
|
| NII (HNI) Shares Offered | 8,38,800 (14.20%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 19,53,600 (33.08%) |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 59,06,400 (100.00%) |
DSM Fresh Foods Limited IPO Anchor Investors Details
DSM Fresh Foods IPO raises ₹16.83 crore from anchor investors. DSM Fresh Foods IPO Anchor bid date is September 25, 2025.
| Bid Date | 2025-09-25 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 16.83 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 31, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 30, 2025 |
About DSM Fresh Foods Limited
Established in May 2015, DSM Fresh Foods Limited is involved in the activity of fresh meat and ready-to-cook/eat non-veg products retailer. The company, going by the brand name Zappfresh, specializes in online retailing of fresh meat and ready-to-cook/eat products. The easy-to-use website and app provide varied, fresh, hygienically sourced meats, ranging from poultry and seafood to exotic varieties. The company ensures that the produce reaches consumers fresh.
Zappfresh provides fresh quality meat through its website and mobile application, downloadable on Android and ios, with more than 100,000 downloads on the Play Store.
Products:
Fresh Meats: Mutton, pork, chicken, seafood, and specialty meats
Ready-to-Cook/Eat: Mutton Seekh Kebab, Chicken Cheese Nuggets, Masala Fish Fingers
Cold Cuts: Chicken Salami, Chicken Ham, sausages
Marinated Meats: Chicken Methi Tikka, Masala Wings, Chicken Tikka
As of August 13, 2025, the company employed 46 people.
Competitive Strength:
Experienced Qualified management team.
Well-organised organisational structure,
Effective business model (Farm to Fork Model).
Healthy farm animal growth using innovative technologies.
Increasing quality establishes its credibility with fewer complaints.
Hygienically and humanely well-maintained abattoirs.
Key Performance Indicator
The market capitalization of the DSM Fresh Foods IPO is ₹225.10 Cr.
| KPI | Values |
|---|---|
| ROE | 20.78% |
| ROCE | 24.71% |
| Debt/Equity | 0.65 |
| RoNW | 20.78% |
| P/BV | 3.37 |
| PAT Margin (%) | 5.16% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.53 | 4.06 |
| P/E (x) | 18.28 | 24.87 |
Note:
- The Pre IPO EPS is calculated based on Pre-IPO shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025, which is available in RHP.
Objects of the Issue ( DSM Fresh Foods Limited IPO Objectives)
DSM Fresh Foods Limited Contact Details
DSM Fresh Foods Ltd. 115-116, First Floor Vishal Tower, District Centre Janakpuri, Janakpuri B-1, West Delhi, New Delhi, 110058 Phone: + 91 70422 88558 Email: [email protected] Website: https://www.zappfresh.com/ |
DSM Fresh Foods Limited IPO Registrar
Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: [email protected] Website: https://maashitla.com/allotment-status/public-issues |