DSM Fresh Food Limited’s IPO to open on Friday, September 26, 2025 with Price Band of Rs. 96 – Rs. 101 per Equity Share each of Face Value of Rs. 10 each 

 Initial Public Offering of up to 59,06,400 Equity Shares. 

 Price band of Rs. 96 –Rs. 101 per equity share.  

 Minimum 2 Bid lots of 1200 equity shares each and in multiples of 1200 equity shares thereafter. 

 Issue will open for Anchor Investor on Thursday, September 25, 2025 

 Issue opening date – Friday, September 26, 2025 and Issue closing date – Tuesday, September 30, 2025  

 The Floor Price is 9.6 times of the face value, and the Cap Price is 10.1 times of the face value of the Equity Shares.   

Bengaluru, September 22, 2025: DSM Fresh Food Limited (“Company”), established in 2015, operates under the brand name Zappfresh and is one of the leading omnichannel retailer (Online B2C and offline B2B) of fresh meat and ready to cook/eat products.(chicken, mutton and seafood). 

Zappfresh was founded with a vision to transform India’s highly fragmented meat retail sector and operates on an integrated supply chain model encompassing sourcing, processing, cold storage, and distribution. This ensures high-quality, hygienic, and fresh meat delivery to both retail consumers and HoReCa (Hotel, Restaurant, Catering) partners.  

The Company proposes to launch its Initial Public Offering (“IPO” or the “Offer”), scheduled to open on Friday, September 26, 2025, and close on Tuesday, September 30, 2025, with a price band of Rs. 96 – Rs. 101 per equity share of face value Rs. 10 each (“Equity Shares”). The Anchor Investor Bid/Issue Period will be held on Thursday, September 25, 2025, one working day prior to the Issue opening date. 

Initial Public Offering up to 59,06,400 Equity shares of Rs. 10/- each (“Equity Shares”) DSM Fresh Foods Limited (“DSM” or the “Company”) at issue price band of Rs. 96- Rs. 101/- per equity share (“The Issue”). Out of the issue, 3,31,200 Equity Shares aggregating to Rs. 334.51 Lakhs 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 band of Rs. 96 – Rs. 101/- per equity share aggregating to Rs. 5630.95 Lakhs is hereinafter referred to as the “Net Issue”, respectively of the Post Issue Paid up Equity Share Capital of the Company. 

This Issue is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended (“SCRR”) read with Regulation 229 (2) of the SEBI ICDR Regulations and in compliance with Regulation 253 of the SEBI ICDR Regulations, wherein not more than 50.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”) (the “QIB Portion”), provided that our Company may, in consultation with the BRLM Book Running Lead Manager, may allocate up to 60.00% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations (“Anchor Investor Portion”). One-third”), of the Anchor Investor which one-third Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price in accordance with the SEBI ICDR Regulations. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than the Anchor Investor Portion) (“Net QIB Portion”). Further, 5.00% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price.