DSM Fresh Foods Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,782,800 (47%) | — | ₹2,811 Cr |
| NII (HNI) | — | 838,800 (14%) | — | ₹847 Cr |
| Retail | — | 1,953,600 (33%) | — | ₹1,973 Cr |
| Market Maker | — | 331,200 (6%) | — | ₹33 Cr |
| Σ Total | — | 5,906,400 (100%) | — | ₹59,655 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹121,200 |
| Retail (Max) | 13 | 15,600 | ₹1,575,600 |
| S-HNI (Min) | 14 | 16,800 | ₹1,696,800 |
| B-HNI (Min) | 67 | 80,400 | ₹8,120,400 |
Financial Statements Amount in ₹ Crores
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 131 | 91 | 57 |
| EBITDA | 17 | 10 | 3 |
| Profit After Tax | 9 | 5 | 3 |
| Net Worth | 49 | 38 | 17 |
| Total Assets | 84 | 50 | 22 |
| Reserves & Surplus | 33 | 38 | 16 |
| Total Borrowing | 32 | 8 | 2 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure Requirement – 10.68
- Marketing Expenditure – 15.00
- Working Capital Requirement – 25.00
- Unidentified Acquistion and General Corporate Purposes –
Company Overview
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 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 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.