DSM Fresh Foods Ltd - IPO

DSM Fresh Foods Ltd IPO Details

Initial public offering up to 59,06,400 equity shares of Rs. 10/- each (Equity Shares) DSM Fresh Foods Limited (DSM or the Company) for cash at a price of Rs. [*]/- per equity share (the Issue Price), aggregating to Rs. [*] crores (The Issue). Out of the issue, 3,31,200 equity shares aggregating to Rs. [*] 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. [*]/- per equity share aggregating to Rs. [*] 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. 96/- to Rs. 101/- for equity share of face value of Rs. 10 each.The floor price is 9.6 times times the face value and cap price is 10.1 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.

Objective of issue

Capital Expenditure Requirement. Marketing Expenses. Working Capital Requirement. Unidentified Acquistion and General Corporate Purposes.

DSM Fresh Foods Ltd Contact Details

DSM Fresh Foods Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@zappfresh.com

Website - https:, zappfresh.com