
DSM Fresh Foods Ltd launched a fresh issue through a book-building process, aiming to raise ₹59.65 crores by offering 0.59 crore new equity shares.
The IPO opened for subscription on September 26, 2025, and will close on October 6, 2025. The basis of allotment is expected to be finalised on October 7, 2025, with the stock likely to be listed on the BSE SME platform on or around October 9, 2025. The price band for the IPO has been set between ₹95 to ₹100 per share.
DSM Fresh Foods Ltd. is raising ₹59.65 crores through a fresh issue via the book-building method, offering 0.59 crore new shares to investors. The subscription window for the IPO opened on September 26, 2025, and will remain open until October 6, 2025. The basis of allotment is anticipated to be finalised on October 7, 2025, with the shares expected to commence trading on the BSE SME platform around October 9, 2025.
The table below breaks down the DSM Fresh Foods share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares | Percentage |
| Market Maker Shares | 3,31,200 | 5.61% |
| QIB Shares | 27,82,800 | 47.11% |
| NII (HNI) Shares | 8,38,800 | 14.20% |
| Retail Shares | 19,53,600 | 33.08% |
| Total Shares Offered | 59,06,400 | 100.00% |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 0.98 |
| Non-Institutional Investors | 0.29 |
| Retail Individual Investors | 0.21 |
| Total shares | 0.45 |
Note: The subscription details are as of September 30, 2025, at 2:25 PM
Incorporated in May 2015, DSM Fresh Foods Limited is a leading retailer specialising in fresh meat and ready-to-cook/eat non-vegetarian products. Operating under the brand name Zappfresh, the company focuses on delivering high-quality, hygienically sourced fresh meat through an intuitive online platform.
Zappfresh’s user-friendly website and mobile app (available on both Android and iOS, with over 100,000 downloads on the Play Store) provide customers with a wide range of fresh meat options, including poultry, seafood, and exotic varieties. The company emphasises freshness and quality, ensuring all products reach consumers in optimal condition.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 30, 2025, 2:44 PM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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