Zappfresh Shares Make Public Market Debut At 20% Premium

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SUMMARY

The shares of the company listed 20% above the issue price at INR 120 apiece on BSE

 Zappfresh’s IPO closed with 1.36X oversubscription, after the public issue had to be extended due to undersubscription

At 10:08 the company’s market capitalisation stood at INR 267.45 Cr (about $30 Mn)

Shares of D2C meat delivery company Zappfresh’s parent DSM Fresh Foods Ltd made a decent debut on the BSE SME today, listing 20% above the issue price at INR 120 apiece. 

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Zappfresh Shares Make Public Market Debut At 20% Premium


SUMMARY

The shares of the company listed 20% above the issue price at INR 120 apiece on BSE

 Zappfresh’s IPO closed with 1.36X oversubscription, after the public issue had to be extended due to undersubscription

At 10:08 the company’s market capitalisation stood at INR 267.45 Cr (about $30 Mn)

Shares of D2C meat delivery company Zappfresh’s parent DSM Fresh Foods Ltd made a decent debut on the BSE SME today, listing 20% above the issue price at INR 120 apiece. 

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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