DSM Fresh Food, the parent company of online meat retailer ZappFresh, has announced its initial public offering (IPO) with a price band of ₹96–101 per equity share. The IPO will open for subscription on September 26, 2025, and close on September 30, 2025. Anchor investor bidding will begin on September 25, 2025.
The company aims to raise funds through the sale of 59.06 lakh equity shares of ₹10 face value each. Of this, 3.31 lakh shares worth ₹3.35 crore have been reserved for market makers, while the net issue size of 55.75 lakh shares is expected to fetch about ₹56.31 crore.
Founded in 2015 and headquartered in Gurugram, DSM Fresh Food operates ZappFresh under a farm-to-fork integrated supply chain model. The company deals in sourcing, processing, cold storage, and distribution of fresh meat and ready-to-cook products, including chicken, mutton, and seafood.
ZappFresh serves both retail customers through its digital platform and bulk buyers in the hotel, restaurant, and catering (HoReCa) segment. The IPO is expected to strengthen its expansion plans and enhance its operational capacity in India’s growing fresh meat and protein market.
