Tech
Zappfresh IPO Closes With 1.4X Oversubscription
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SUMMARY
Investors bid for 53.12 Lakh shares in Zappfresh parent DSM Fresh Foods against the 39.08 Lakh shares on offer, resulting in an oversubscription of 1.36X
The IPO was originally scheduled for close on September 30, 2025, but was extended to October 6 after tepid response from public markets investors
As per an Inc42 analysis, several factors behind the muted investor interest included concerns over competition, the company’s growth trajectory, inflated valuation, among…
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