DSM Fresh Food IPO, Sept. 17 -- DSM Fresh Food, which operates under the brand name Zappfresh, is gearing up to launch its initial public offering (IPO) next week on Friday, September 26. The issue will remain open for bidding till Tuesday, September 30.

The SME IPO is priced in the range of Rs.96 to Rs.101 per share, looking to raise Rs.59.65 crore at the upper end of the price band. The issue is entirely a fresh share sale of 0.59 crore equity shares, with no offer for sale component, meaning that the proceeds from the IPO will go to the company.

Investors can apply for the DSM Fresh Food IPO in lots of 1,200 shares, with the retail investors required to apply for at least two lots, and in multiples of 1,200 shares thereafter.

The co...