Bengaluru, Sept. 22 -- DSM Fresh Food Limited, operating under the brand name Zappfresh, is all set to launch its Initial Public Offering (IPO) on September 26, with a price band of Rs 96 to Rs 101 per equity share of face value Rs. 10 each.
Ahead of the listing, company management discussed the rationale behind the pricing, its competitive advantages, and growth strategies in an interaction with the media.
The IPO comprises up to 59,06,400 equity shares, of which 3,31,200 shares will be reserved for market makers. The net issue of 55,75,200 shares, aggregating up to Rs. 56.31 crore, will be offered to investors through the book-building process.
Retail individual investors, qualified institutional buyers (QIBs), and non-institutional in...