Comparison between DSM Fresh Foods IPO and Twinkle Papers IPO.
DSM Fresh Foods IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Twinkle Papers IPO is a SME Bookbuilding proposed to list at BSE SME.
| DSM Fresh Foods IPO | Twinkle Papers 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. | Novus Capital Advisors Private Limited |
| Registrar | Maashitla Securities Pvt.Ltd. | Alankit Assignments Ltd. |
| Market Maker | Alacrity Securities Ltd. | |
| DRHP | DRHP ![]() | DRHP ![]() |
| RHP | RHP ![]() | |
| Final Prospectus | Final Prospectus ![]() | |
| Anchor Investor | Anchor Investor ![]() | |
| 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 Twinkle Papers IPO is up to ₹0.00 Cr. The final issue price of DSM Fresh Foods IPO is ₹100.00 per share and of Twinkle Papers IPO is .
| DSM Fresh Foods IPO | Twinkle Papers IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹95.00 per share | |
| Issue Price (Upper) | ₹100.00 per share | |
| Issue Price (Final) | ₹100.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 55,75,200 shares | 39,88,000 shares |
| Fresh Issue Size (Amount) | up to ₹55.75 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 55,75,200 shares | 39,88,000 shares |
| Issue Size Total (Amount) | up to ₹55.75 Cr | up to ₹0.00 Cr |
DSM Fresh Foods IPO opens on Sep 26, 2025, while Twinkle Papers IPO opens on . The closing date of DSM Fresh Foods IPO and Twinkle Papers IPO is Oct 06, 2025, and , respectively.
| DSM Fresh Foods IPO | Twinkle Papers IPO | |
|---|---|---|
| Anchor Bid Date | Sep 25, 2025 | |
| Issue Open | Sep 26, 2025 | |
| Issue Close | Oct 06, 2025 | |
| Basis Of Allotment (Tentative) | Oct 07, 2025 | |
| Initiation of Refunds (Tentative) | Oct 08, 2025 | |
| Credit of Share (Tentative) | Oct 08, 2025 | |
| Listing date (Tentative) | Oct 09, 2025 | |
| Anchor Lockin End date 1 | Nov 11, 2025 | |
| Anchor Lockin End date 2 | Jan 11, 2026 |
DSM Fresh Foods IPO P/E ratio is 18.28, as compared to Twinkle Papers IPO P/E ratio of .
| DSM Fresh Foods IPO | Twinkle Papers 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 Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 38.24 | 98.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 28.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹225.10 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 20.78% | 22.66% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 24.71% | 22.37% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.65 | 2.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.53 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.78% | 22.66% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the DSM Fresh Foods IPO Retail Individual Investors (RII) are offered 19,53,600 shares while in Twinkle Papers 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 0 shares in Twinkle Papers IPO.
| DSM Fresh Foods IPO | Twinkle Papers IPO | |
|---|---|---|
| Anchor Investor Reservation | 16,66,800 shares | 0 shares |
| Market Maker Reservation | 3,31,200 shares | 0 shares |
| QIB | 11,16,000 shares | 0 shares |
| NII | 8,38,800 shares | 0 shares |
| RII | 19,53,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 55,75,200 shares | 0 shares |
DSM Fresh Foods IPO subscribed 1.36x in total, whereas Twinkle Papers IPO subscribed .
| DSM Fresh Foods IPO | Twinkle Papers IPO | |
|---|---|---|
| QIB (times) | 1.53x | |
| NII (times) | 2.06x | |
| Big NII (times) | 2.71x | |
| Small NII (times) | 0.74x | |
| RII (times) | 0.96x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.36x |