India, Oct. 10 -- After closing its debut session locked in at the upper circuit, shares of D2C meat delivery company Zappfresh surged 5% to INR 132.3 today as well to hit the upper circuit for the second consecutive session.

The stock opened the day's trade at the upper circuit against the previous close of INR 126. The company's market capitalisation stood at INR 294.86 Cr (around $33.2 Mn) at the time, while its trade volume was 2.8 Lakh.

Shares of Zappfresh, which received a lukewarm response in terms of IPO subscription, got listed 20% above the issue price at INR 120 apiece yesterday.

The IPO was undersubscribed at 52% on the last day of bidding on September 30. Following this, Zappfresh extended the offer till October 6 and trim...