
Consumer Goods / Food · BSE
DSM Fresh Foods Limited, incorporated in May 2015, is a retailer of fresh meat and ready-to-cook or ready-to-eat non-vegetarian products, operating under the brand name Zappfresh. The company specializes in online sales, offering a variety of fresh and hygienically sourced meats, including poultry, seafood, and exotic options, ensuring that all products reach customers in optimal freshness. Through its website and mobile app, available on Android and iOS, Zappfresh provides a convenient shopping experience, with over 100,000 downloads on the Play Store. Its product portfolio includes fresh meats like chicken, mutton, pork, and seafood, ready-to-cook and ready-to-eat items such as mutton seekh kebab and chicken cheese nuggets, cold cuts including chicken salami and sausages, and marinated meats like chicken methi tikka and masala wings. As of August 13, 2025, the company employed 46 people.
Price Band
₹95 – ₹100
Issue Size
₹59.65 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹100
at current GMP
Subscribed
1.36x
overall
Open
26 Sep 2025
Close
6 Oct 2025
Allotment
7 Oct 2025
Refund
8 Oct 2025
Demat Credit
9 Oct 2025
Listing
9 Oct 2025
Overall Subscription
1.36x
Total Demand
QIB Multiplier
1.53x
Institutions & Funds
NII / HNI
2.06x
High Net-Worth
Retail (RII)
0.96x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,116,000 | 1,705,200 | 1.53x |
| NIB | 838,800 | 1,728,000 | 2.06x |
| HNIs(10L +) | 561,600 | 1,522,800 | 2.71x |
| HNIs (2-10L) | 277,200 | 205,200 | 0.74x |
| RETAIL | 1,953,600 | 1,869,600 | 0.96x |
| Total | 4,747,200 | 7,030,800 | 1.36x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 5 | 0.00x |
| NIB | — | 82 | 0.00x |
| RETAIL | 814 | 783 | 0.96x |
| HNIs(10L +) | 156 | 31 | 0.20x |
| HNIs (2-10L) | 77 | 51 | 0.66x |
| Total Applications | 1,047 | 952 | 0.91x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
DSM Fresh Foods Limited is bringing an initial public offering (IPO) in the Consumer Goods / Food sector with an aggregate issue size of ₹59.65 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-10-06, the basis of allotment is scheduled to be finalized on 2025-10-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
Currently, DSM Fresh Foods Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹95 to ₹100 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹100 per equity share.
The DSM Fresh Foods Limited IPO aggregate issue size is ₹59.65 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.36x (Retail: 0.96x, QIB: 1.53x, NII: 2.06x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-10-07. Investors can verify status using PAN card or application number.
DSM Fresh Foods Limited shares are scheduled to list on BSE on 2025-10-09.