31 Mar 2023
Assets22.01
Total Income56.61
EBITDA3.41
Profit After Tax2.74
NET Worth16.54
Reserves and Surplus16.46
Total Borrowing2.07
At a glance
Updated 2026-09-10The shares listed at ₹120.00, a 20.00% move from the issue price. DSM Fresh Foods is a SME IPO with an issue size of ₹59.06 crore, proposed for listing on BSE SME. The offer opens on 26th Sep 2025 and closes on 6th Oct 2025. The issue structure includes a fresh issue of ₹55.75 crore. The current listing schedule points to 9th Oct 2025.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹59.06 Cr
Fresh issue₹55.75 Cr
Face value₹10
Price band₹95.00–₹100.00
Allotment7th Oct 2025
Listing9th Oct 2025
Listing performance
Full performance ↗Issue price₹100.00
Listing price₹120.00
Current price—
Listing gain20.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹100.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Sep 2025
Closes6th Oct 2025
Allotment7th Oct 2025
Refund8th Oct 2025
Demat8th Oct 2025
Listing9th Oct 2025
Subscription demand
Full bidding ↗Total1.36×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2400 | ₹240,000 |
Reservation
Issue mix
QIB49.91%2,782,800 shares
Anchor Investor29.90%1,666,800 shares
QIB (Ex. Anchor)20.02%1,116,000 shares
NII (HNI)15.05%838,800 shares
bNII > ₹10L10.07%561,600 shares
sNII < ₹10L4.97%277,200 shares
Retail35.04%1,953,600 shares
Total100.00%5,575,200 shares
Company
Use of proceeds
| Object | Amount |
|---|---|
| Capital Expenditure Requirement | ₹10.68 Cr |
| Marketing Expenditure | ₹15.00 Cr |
| Working Capital Requirement | ₹25.00 Cr |
| Unidentified Acquistion and General Corporate Purposes | ₹2.18 Cr |
| Issue expenses | ₹6.20 Cr |
| Total | ₹59.06 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue131.47₹ Cr · +45.0% vs prior year
EBITDA17.05₹ Cr · +78.0% vs prior year
PAT9.05₹ Cr · +93.8% vs prior year
Assets84.04₹ Cr · +68.1% vs prior year
Net Worth49.09₹ Cr · +29.0% vs prior year
Borrowing31.70₹ Cr · +314.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets50.00
Total Income90.68
EBITDA9.58
Profit After Tax4.67
NET Worth38.04
Reserves and Surplus37.95
Total Borrowing7.65
31 Mar 2025
Assets84.04
Total Income131.47
EBITDA17.05
Profit After Tax9.05
NET Worth49.09
Reserves and Surplus32.70
Total Borrowing31.70
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 20.78% |
| ROCE | 24.71% |
| Debt / Equity | 0.65% |
| RoNW | 20.78% |
| PAT Margin | 5.16% |
| EBITDA Margin | 13.04% |
| Price to Book Value | 3.37 |
Valuation & shareholding
Pre-IPO EPS5.53
Post-IPO EPS4.06
Pre-IPO P/E18.28
Post-IPO P/E24.87
Promoter holding pre38.24%
Promoter holding post28.11%
Market cap₹225.10 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| DSM Fresh Foods IPO | — | 24.87 x | — | — |
| Q&T Foods IPO | — | 20.50 x | — | — |
| Crazy Snacks IPO | — | 12.57 x | — | — |
| M R IPO | — | 22.87 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Capital Expenditure Requirement | ₹10.68 Cr |
| Marketing Expenditure | ₹15.00 Cr |
| Working Capital Requirement | ₹25.00 Cr |
| Unidentified Acquistion and General Corporate Purposes | ₹2.18 Cr |
| Issue expenses | ₹6.20 Cr |
| Total | ₹59.06 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Narnolia Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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