DSM Fresh Foods IPO

DSM Fresh Foods is a BSE SME IPO listed on the BSE SME platform, priced at ₹95–₹100 per share. The stock debuted at ₹120, delivering a listing gain of 20.0%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.

DSM Fresh Foods Limited IPO

BSE SME Listed
₹1,20,000 (1200 Shares)
Minimum Investment
Check Allotment
IPO Dates
Sep 26, 2025 – Oct 6, 2025
Price band
₹95-100 per equity share
Minimum Investment
₹1,20,000
Issue size
₹59.06 Cr
Lot size
1200
Allotment Date
Oct 7, 2025
Listing
Oct 9, 2025
Listing At
BSE SME

IPO timeline

  1. Sep 26, 2025

    Open Date

    Completed

  2. Oct 6, 2025

    Close Date

    Completed

  3. Oct 7, 2025

    Allotment Date

    Completed

  4. Oct 9, 2025

    Listing Date

    Completed

DSM Fresh Foods IPO Subscription Details

View Subscription Details
QIB 1.53x
Retail 0.96x
NIIs 2.45x
bHNI 3.30x
sHNI 0.74x
Retail 0.96x
Total 1.44x

DSM Fresh Foods IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

DSM Fresh Foods IPO Essentials

DSM Fresh Foods IPO Details

DSM Fresh Foods IPO is priced at ₹95-100 per share with a total issue size of 59.06 crore. The IPO has a lot size of 1200 shares and is listed on BSE SME.

Issue price
₹95-100 per equity share
Lot size
1200 shares
Face value
₹10 Per Equity Share
Issue size
59,06,400 shares (aggregating up to ₹59.06 Cr)
Total issue size
59,06,400 shares
(aggregating up to ₹59.06 crore)
Fresh issue
59,06,400 shares
(aggregating up to ₹59.06 crore)
Listing at
BSE SME
List price
120.0
Listing date
Registrar
Maashitla Securities Pvt.Ltd.
Lead manager
Narnolia Financial Services Ltd.

Market Lot Size

Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 2 2400 ₹2,42,400
Retail(max) 2 2400 ₹2,42,400
sHNI(min) 3 3,600 ₹3,63,600
sHNI(max) 8 9,600 ₹9,69,600
sHNI(min) 9 10,800 ₹10,90,800

DSM Fresh Foods IPO Documents

DSM Fresh Foods IPO Reservation

DSM Fresh Foods IPO reservation details show category-wise allocation of shares. Out of the total 5906400 shares, approximately 18.89% are reserved for QIB, 14.2% for NII, 33.08% for retail investors, 5.61% for market maker, and 28.22% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 1666800 (28.22%)
Market Maker Shares Offered 331200 (5.61%)
QIB Shares Offered 1116000 (18.89%)
NII (HNI) Shares Offered 838800 (14.2%)
bHNI > ₹10L 561600 (9.51%) 156
sHNI < ₹10L 277200 (4.69%) 77
Retail Shares Offered 1953600 (33.08%) 814
Total Shares Offered 5906400 (100%)

DSM Fresh Foods IPO Analytics

DSM Fresh Foods IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

DSM Fresh Foods IPO Subscription Status

DSM Fresh Foods IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 1.44x, indicating moderate demand across investor categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 11,16,000 / 8,38,800 19,53,600 39,08,400
Day 1 26-09-25 06:00 PM
(0.44 / 0.21) x 0.08 x 0.21 x
Day 2 29-09-25 06:00 PM
(0.44 / 0.22) x 0.14 x 0.24 x
Day 3 30-09-25 06:00 PM
(1.00 / 0.72) x 0.27 x 0.57 x
Day 4 01-10-25 06:00 PM
(1.00 / 0.78) x 0.29 x 0.60 x
Day 5 03-10-25 06:00 PM
(1.45 / 1.25) x 0.51 x 0.94 x
Day 6 06-10-25 06:00 PM
(1.53 / 2.06) x 0.96 x 1.36 x
Total No. of Applications
bHNI sHNI Retail
870 (Approx) 0.2x 0.66x 0.96x

DSM Fresh Foods Valuations

Earnings

EPS Pre IPO
₹5.53
EPS Post IPO
₹4.06
P/E Pre IPO
18.28
P/E Post IPO
24.87

Returns

ROE
20.78%
ROCE
24.71%
RoNW
20.78%
PAT Margin
5.16%

Fundamentals

Debt / Equity
0.65
Price / Book
3.37

Data sourced from DRHP / RHP • For educational purposes only

DSM Fresh Foods Financials( In Crs.)

31-Mar-25 31-Mar-24 31-Mar-23
Assets 84.04 50.00 22.01
Revenue 131.47 90.68 56.61
Profit After Tax 9.05 4.67 2.74
Net Worth 49.09 38.04 16.54
Reserves & Surplus 32.70 37.95 16.46
Total Borrowing 31.70 7.65 2.07

DSM Fresh Foods Company & Offer Insights

About DSM Fresh Foods

Incorporated on May 2015, DSM Fresh Foods Limited is carrying on the business of fresh meat and ready-to-cook/eat non-veg products retailer.

Operational under the name Zappfresh, they specialize in the retail of fresh meat and ready-to-cook/eat products online.

The website and app provide easy-to-use access to a variety of fresh, hygienically sourced meats, from poultry and seafood to exotic varieties. The company makes sure that all produce reaches customers fresh.

Zappfresh provides fresh quality meat through its website and mobile application, both of which are on Android and ios and have been downloaded more than 100,000 times on the Play Store.

Products:

Fresh Meats: Chicken, mutton, pork, sea foods, and specialty meats
Ready-to-Cook/Eat Items: 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.

DSM Fresh Foods Promoter(s)

Mr. Deepanshu Manchanda, Mrs. Priya Aggarwal. are the company's promoters of DSM Fresh Foods.

DSM Fresh Foods IPO Issue Objectives

Capital Expenditure Requirement
Marketing Expenditure
Working Capital Requirement
Unidentified Acquistion and General Corporate Purposes

Contact Information

Contact Details

DSM Fresh Foods

+ 91 70422 88558

compliance@zappfresh.com

https://www.zappfresh.com/

115-116, First Floor Vishal Tower, District Centre Janakpuri, Janakpuri B-1, West Delhi, New Delhi, 110058

Registrar Contact Details

Maashitla Securities Pvt.Ltd.

+91-11-45121795-96

ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Frequently Asked Questions

Click any question to reveal the answer

DSM Fresh Foods IPO is a book-built IPO worth ₹59.06 crore. The price band is ₹95–₹100 per share. The IPO opens on Sep 26, 2025 and closes on Oct 6, 2025. It will be listed on BSE SME Platform. Maashitla Securities Pvt. Ltd. is the registrar.

The price band of DSM Fresh Foods IPO is ₹95 to ₹100 per share.

The lot size of DSM Fresh Foods IPO is 1200 shares.

The minimum investment for DSM Fresh Foods IPO is approximately ₹1,20,000 based on the upper price band .

DSM Fresh Foods IPO opens on Sep 26, 2025 and closes on Oct 6, 2025.

The allotment date of DSM Fresh Foods IPO is Oct 7, 2025.

DSM Fresh Foods IPO is expected to be listed on Oct 9, 2025, on BSE SME Platform.

DSM Fresh Foods IPO valuation snapshot: P/E 24.87, EPS ₹4.06, P/B 3.37, RoNW 20.78%, and market cap N/A.

To apply for DSM Fresh Foods IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of DSM Fresh Foods IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for DSM Fresh Foods IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check DSM Fresh Foods IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the DSM Fresh Foods IPO allotment status on IPO Ji for quick and easy access.