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 meatsReady-to-Cook/Eat Items: Mutton Seekh Kebab, Chicken Cheese Nuggets, Masala Fish FingersCold Cuts: Chicken Salami, Chicken Ham, sausagesMarinated Meats: Chicken Methi Tikka, Masala Wings, Chicken TikkaAs 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.
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
331,200 | ₹3.350 |
|
QIB (Ex Anchor)
|
2,782,800 | ₹28.110 |
|
NII
|
838,800 | ₹8.470 |
|
Retail
|
1,953,600 | ₹19.730 |
| Total ** | 5,906,400 | ₹59.650 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 2,400 | ₹242,400 |
| Retail (Max — 13 Lots) | 13 | 15,600 | ₹1,575,600 |
| S-HNI (Min — 14 Lots) | 14 | 16,800 | ₹1,696,800 |
| S-HNI (Max — 66 Lots) | 66 | 79,200 | ₹7,999,200 |
| B-HNI (Min — 67 Lots) | 67 | 80,400 | ₹8,120,400 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 838,800 | 1,953,600 | 2,792,400 |
| Allotment price (Rs.) | 101 | 101 | 101 | 101 | 101 | 101 | 101 | 101 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 28.11 | 3.35 | 31.46 | — | — | 8.47 | 19.73 | 59.66 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 838,800 | 1,953,600 | 2,792,400 |
| Amount (Rs.cr.) | 28.11 | 3.35 | 31.46 | — | — | 8.47 | 19.73 | 28.20 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 331,200 | ₹3.35 |
5.61%
|
| QIB (Ex Anchor) | 2,782,800 | ₹28.11 |
47.11%
|
| NII / HNI | 838,800 | ₹8.47 |
14.20%
|
| Retail (RII) | 1,953,600 | ₹19.73 |
33.08%
|
| Total | 5,906,400 | ₹59.65 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 131.47 | 90.68 | 56.61 |
| EBITDA | 17.05 | 9.58 | 3.41 |
| Profit After Tax (PAT) | 9.05 | 4.67 | 2.74 |
| Net Worth | 49.09 | 38.04 | 16.54 |
| Total Assets | 84.04 | 50.00 | 22.01 |
| Reserves & Surplus | 32.70 | 37.95 | 16.46 |
| Total Borrowings | 31.70 | 7.65 | 2.07 |
| EBITDA Margin (%) | 13.04% | — | — |
| PAT Margin (%) | 5.16% | — | — |
DSM Fresh Foods Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: