DSM Fresh Foods Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the DSM Fresh Foods Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹100
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,20,000
Issue Size
₹59.06 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.04%
QIB Quota
49.91%
NII Quota
15.05%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
DSM Fresh Foods Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
38.24%
Promoter Holding (Post-Issue)
28.11%
Issue Type
Book Building - SME
ISIN
INE0SUM01015
About the Company
Our company is a fresh meat and ready-to-cook/eat non-veg products retailer. We are an online meat delivery company committed to revolutionize the way customers experience and enjoy high-quality non-veg food. Established in 2015, our company has swiftly risen to prominence by blending convenience, unpreserved products, with a commitment to customer satisfaction. With a user-friendly website and mobile application that offers a diverse selection of fresh and hygienically sourced meats, ranging from succulent cuts of mutton, poultry and seafood to exotic options.
Industry Overview
The meat, poultry and seafood market size has grown strongly in recent years. It will grow from $1613.94 billion in 2024 to $1712.35 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing rise in disposable income, increased popularity of seafood products, low interest rates, and emerging markets growth. India's meat market is set to expand at a robust 8.5% CAGR-from USD 55.3 billion in 2024 to USD 114.4 billion by 2033. Currently, 90% of the meat market is dominated by the unorganized sector. Packaged meat demand is surging, up ~25% year-over-year. Tier-II cities now account for ~40% of all online meat orders, highlighting the explosive growth potential beyond metros. Meat intake rose from 3.2kg (2012) to 5.5 kg (2023) where protein demand has grown at a CAGR of 8-10%. Changing Lifestyle -Working Couples, Parenting Millennials and Younger Population Living Apart from Families prefer RTE and packaged food. Growing health and nutritional awareness - Indians are becoming more health- conscious and are seeking options that balance convenience with nutritional value. Expansion of E-commerce and Digital Platforms - Online grocery stores and food delivery apps now offer extensive RTC product selections, allowing consumers to explore and purchase RTC foods from both domestic and international brands.
Company History
Our Company was incorporated as a private limited company with the name of "DSM Fresh Foods Private Limited" under the Compan ies Act, 2013 vide certificate of incorporation dated May 20, 2015 issued by Registrar of Companies, Delhi, bearing CIN U52203DL2015PTC280514. Further, our Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on May 08, 2024 and the name of our Company changed from "DSM Fresh Foods Private Limited" to "DSM Fresh Foods Limited" & Registrar of Companies, CPC has issued a new certificate of incorporation consequent upon conversion dated July 09, 2024, bearing CIN U52203DL2015PLC280514.
Growth Strategy
- Expansion of our geographical footprint.
- Logistics and Delivery Optimization.
- Offline transformation of conventional meat shops into "Zappfresh stores"
- Convenient Ordering Process.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offering up to 59,06,400 equity shares of Rs. 10/- each ("Equity Shares") D S M Fresh Foods Limited ("D S M" or the "Company") for cash at a price of Rs. 100/- per equity share (the "Issue Price"), aggregating to Rs. 59.06 crores ("The Issue"). Out of the issue, 3,31,200 equity shares aggregating to Rs. 3.31 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 55,75,200 equity shares of face value of Rs. 10/- each at an issue price of Rs. 100/- per equity share aggregating to Rs. 55.75 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.02%, respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 95/- to Rs. 100/- for equity share of face value of Rs. 10 each. The floor price is 9.50 times times the face value and cap price is 10.00 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Sustainable Business Model.
- Continuous monitoring consumer behavior.
- Change in market trends.
- Quality Deliverables.
- We are recognized by our brand name.
- The Pre-IPO shareholding of the promoter and promoter group is 38.24 % and the post-IPO shareholding will be 28.11%. The market's perception of their reduced involvement may impact the valuation and liquidity of their shares.
- Our Registered Office and other branches from where we operate are not owned by us. If we are required to vacate the same, due to any reason whatsoever, it may adversely affect our business operations.
- We have had negative cash flows in the past and may continue to have negative cash flows in the future.
- Our Company may not have complied with certain statutory provisions of the Companies Act, 2013. Such noncompliances / lapses may attract penalties and prosecution against the Company and its directors which could impact on the financial position of the Company to that extent.