DSM Fresh Foods Ltd Logo

DSM Fresh Foods Ltd IPO

NSELot: 1200

LISTEDSME
Issue Price100
Listing120
Current125
Price Band
95 - ₹100
Lot Size
1,200
Issue Size
₹59.06 Cr
GMP
0
Subscription
0.21x

IPO Schedule

1
Open
26 Sept
2
Close
6 Oct
3
Allotment
7 Oct
4
Listing
9 Oct

About DSM Fresh Foods Ltd

DSM Fresh Foods Ltd is an SME focused on the processing and supply of fresh and ready-to-cook food products. The company primarily caters to the B2B segment, supplying to restaurants, hotels, and catering services.

Subscription Status

QIB
0.44x
NII
0.21x
Retail
0.08x
CategoryDay 6Day 5Day 4Day 3Day 2Day 1
QIB1.53x1.45x1.00x1.00x0.44x0.44x
NII2.06x1.25x0.78x0.33x0.22x0.21x
Retail0.96x0.51x0.29x0.27x0.14x0.08x
Total1.36x0.94x0.60x0.49x0.24x0.21x

Risk Factors

Dependence on a limited number of key clients, posing a concentration risk.
Fluctuations in raw material prices (vegetables, spices, etc.) can impact profitability.
Competition from both organized and unorganized players in the food processing sector.

Promoters & Management

The key management team of DSM Fresh Foods Limited includes Mr. Deepanshu Manchanda, serving as the Managing Director and Chairman, and Mrs. Priya Aggarwal, serving as a Non-Executive Director. Mr. Manchanda has over 15 years of experience in scaling businesses and expertise in growth hacking, while Mrs. Aggarwal has over 13 years of experience in corporate communications and branding. Other key personnel include Mr. Saurabh Gandhi as Chief Financial Officer and Mrs. Prabhleen Kaur Gujral as Company Secretary and Compliance Officer. The Board of Directors also includes independent directors Mr. Achal Kapoor and Mrs. Suman Chaudhary. The management team is responsible for the company's strategic direction, operational efficiency, and compliance with regulations. The company has established various committees, including an Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee, to oversee specific operational areas and ensure good corporate governance.