IPO Trending
ZAPPFRESHSME / BSEListed
DSM Fresh Foods

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.

₹95 - ₹1001.36x sub
Listed Price₹120.00
Listing Gain+20.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open26 Sep 2025
Close06 Oct 2025
Allotment07 Oct 2025
Listing09 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor16,66,800 shares
28.22%
QIB11,16,000 shares
18.89%
HNI8,38,800 shares
14.2%
Retail19,53,600 shares
33.08%
Market Maker3,31,200 shares
5.61%

Minimum Application Lots

Retail2 Lots (2,400 shares)
₹2,40,000
sHNI3 Lots (3,600 shares)
₹3,60,000
bHNI9 Lots (10,800 shares)
₹10,80,000

Company Promoters

Mr. Deepanshu ManchandaMrs. Priya Aggarwal

Company Background

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 reac...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹131.47 Cr
Growth+132.2%
Revenue Trend (₹ in Crores)
0.050.4100.8151.2Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-25131.479.0584.0431.70
Mar-2490.684.6750.007.65
Mar-2356.612.7422.012.07

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-255.5320.78%24.71%18.2824.87
Mar-244.5417.10%0.19%00
Mar-232.6919.42%0.16%00

Peer Comparison & Valuation

Financial Performance

Chatha Foods Ltd

NAV/Share (₹)7.34
RONW(%)NA
EPS (Basic) (₹)2.67

DSM Fresh Foods Limited

NAV/Share (₹)20.78
RONW(%)NA
EPS (Basic) (₹)5.53

Tasty Bite Eatables Ltd.

NAV/Share (₹)8.23
RONW(%)NA
EPS (Basic) (₹)99.8

HMA Agro Industries Limited

NAV/Share (₹)7.71
RONW(%)NA
EPS (Basic) (₹)1.2

Valuation

Chatha Foods Ltd

P/E(X)37.08
CMP* (₹)99.00
Face value (₹)10.00

DSM Fresh Foods Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)10.00

Tasty Bite Eatables Ltd.

P/E(X)94.72
CMP* (₹)9453.00
Face value (₹)10.00

HMA Agro Industries Limited

P/E(X)25.5
CMP* (₹)30.60
Face value (₹)1.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Maashitla Securities Private Limited

Allotment Finalized
Allotment Date
07 Oct 2025
Official Status
Out / Finalized
Registrar
Maashitla Securities Private Limited
Listing Date
09 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Maashitla Securities Private Limited

Direct allotment verification on the official registrar portal appointed for DSM Fresh Foods. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization07 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 Oct 2025Trading commences on exchange

How to Check DSM Fresh Foods Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select DSM Fresh Foods from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About DSM Fresh Foods IPO

Complete issue overview for DSM Fresh Foods (ZAPPFRESH) IPO. The issue features an equity share price band of ₹95 – ₹100 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions