Comparison between DSM Fresh Foods IPO and Systematic Industries IPO.
DSM Fresh Foods IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Systematic Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| DSM Fresh Foods IPO | Systematic Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Narnolia Financial Services Ltd. | Hem Securities Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Alacrity Securities Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of DSM Fresh Foods IPO is up to ₹55.75 Cr whereas the issue size of the Systematic Industries IPO is up to ₹109.75 Cr. The final issue price of DSM Fresh Foods IPO is ₹100.00 per share and of Systematic Industries IPO is ₹195.00 per share.
| DSM Fresh Foods IPO | Systematic Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹185.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹195.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹195.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 600 shares |
| Fresh Issue Size | 55,75,200 shares | 52,28,000 shares |
| Fresh Issue Size (Amount) | up to ₹55.75 Cr | up to ₹101.95 Cr |
| OFS Issue Size | 0 shares | 4,00,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.80 Cr |
| Issue Size Total | 55,75,200 shares | 56,28,000 shares |
| Issue Size Total (Amount) | up to ₹55.75 Cr | up to ₹109.75 Cr |
DSM Fresh Foods IPO opens on Sep 26, 2025, while Systematic Industries IPO opens on Sep 24, 2025. The closing date of DSM Fresh Foods IPO and Systematic Industries IPO is Oct 06, 2025, and Sep 26, 2025, respectively.
| DSM Fresh Foods IPO | Systematic Industries IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2025 | Sep 23, 2025 |
| Issue Open | Sep 26, 2025 | Sep 24, 2025 |
| Issue Close | Oct 06, 2025 | Sep 26, 2025 |
| Basis Of Allotment (Tentative) | Oct 07, 2025 | Sep 29, 2025 |
| Initiation of Refunds (Tentative) | Oct 08, 2025 | Sep 30, 2025 |
| Credit of Share (Tentative) | Oct 08, 2025 | Sep 30, 2025 |
| Listing date (Tentative) | Oct 09, 2025 | Oct 01, 2025 |
| Anchor Lockin End date 1 | Nov 11, 2025 | Oct 29, 2025 |
| Anchor Lockin End date 2 | Jan 11, 2026 | Dec 28, 2025 |
DSM Fresh Foods IPO P/E ratio is 18.28, as compared to Systematic Industries IPO P/E ratio of 17.75.
| DSM Fresh Foods IPO | Systematic Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)DSM Fresh Foods Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 94% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Systematic Industries Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 49% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 38.24 | 99.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 28.11 | 73.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.28 | 17.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹225.10 Cr. | ₹435.46 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.78% | 25.78% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.71% | 16.44% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | 1.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.53 | ₹10.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.78% | 22.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DSM Fresh Foods IPO Retail Individual Investors (RII) are offered 19,53,600 shares while in Systematic Industries IPO retail investors are offered 19,53,600 shares. Qualified Institutional Buyers (QIB) are offered 11,16,000 shares in DSM Fresh Foods IPO and 11,25,600 shares in Systematic Industries IPO.
| DSM Fresh Foods IPO | Systematic Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,66,800 shares | 16,87,800 shares |
| Market Maker Reservation | 3,31,200 shares | 3,00,000 shares |
| QIB | 11,16,000 shares | 11,25,600 shares |
| NII | 8,38,800 shares | 8,44,200 shares |
| RII | 19,53,600 shares | 19,70,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 55,75,200 shares | 56,28,000 shares |
DSM Fresh Foods IPO subscribed 1.36x in total, whereas Systematic Industries IPO subscribed 6.20x.
| DSM Fresh Foods IPO | Systematic Industries IPO | |
|---|---|---|
| QIB (times) | 1.53x | 9.85x |
| NII (times) | 2.06x | 7.94x |
| Big NII (times) | 2.71x | 9.70x |
| Small NII (times) | 0.74x | 4.42x |
| RII (times) | 0.96x | 3.36x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x | 6.20x |
