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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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