Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
DNV Food Products Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on September 23, 2025 to raise funds through Initial Public Offer (IPO).
DNV Food Products Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 0.54 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Corporate Capitalventures Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to DNV Food Products IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 54,00,000 shares (agg. up to ₹[.] Cr) |
| Reserved for Market Maker | 2,70,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue (Ex Market Maker) | 51,30,000 shares (agg. up to ₹[.] Cr) |
| Net Offered to Public | 51,30,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,51,07,298 shares |
| Share Holding Post Issue | 2,05,07,298 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 23, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2012, DNV Food Products Ltd. is engaged in manufacturing and marketing a wide range of food products. The company emphasizes quality, taste, and nutrition while catering to diverse consumer needs across regions.
Its portfolio includes spices, blended seasonings, and packaged food products designed to meet household and commercial demands. Modern manufacturing practices and stringent quality controls ensure consistent product standards and consumer trust.
DNV Food Products Ltd. aims to expand its market presence through innovation, distribution networks, and customer-focused strategies. The company is committed to delivering affordable, reliable, and safe food solutions for everyday consumption.
Product Portfolio:
Competitive Strengths:
DNV Food Products Ltd.'s revenue increased by 55% and profit after tax (PAT) rose by 128% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 69.71 | 49.85 | 35.22 |
| Total Income | 109.62 | 70.66 | 56.87 |
| Profit After Tax | 6.95 | 3.05 | 1.58 |
| EBITDA | 12.53 | 6.95 | 4.01 |
| NET Worth | 29.30 | 16.81 | 13.76 |
| Reserves and Surplus | 19.23 | 7.79 | 10.15 |
| Total Borrowing | 33.24 | 26.45 | 18.05 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure Requirements | 10.99 |
| 2 | To meet the Working Capital Requirements of the Company | 15.00 |
| 3 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 30.17% |
| ROCE | 28.93% |
| Debt/Equity | 1.13 |
| RoNW | 23.74% |
| PAT Margin | 6.43% |
| EBITDA Margin | 11.58% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.53% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Issue Management | |
| 2 | Selling and Distribution Fees | |
| 3 | Underwriting Commission | |
| 4 | Advertising and marketing expenses | |
| 5 | Fees payable to Registrar to the Issue | |
| 6 | Brokerage and selling commission payable to SCSBs, Registered Brokers, RTAs and CDPs, as applicable | |
| 7 | Processing fees to the SCSBs and to the Sponsor Banks for ASBA Forms procured by Registered Brokers, RTAs or CDPs | |
| 8 | Printing and distribution of issue stationery | |
| 9 | Others - Listing fees | |
| 10 | Others - NSE Processing | |
| 11 | Others - Book Building software fees | |
| 12 | Others - Other regulatory expenses | |
| 13 | Others - Fees payable to legal counsel | |
| 14 | Others - Miscellaneous |
Lead Manager Reports
DNV Food Products IPO is a SME IPO of 54,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The DNV Food Products IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in DNV Food Products IPO using UPI as a payment gateway. Zerodha customers can apply in DNV Food Products IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DNV Food Products IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The DNV Food Products IPO dates are not announced. Please check back again after some time.
DNV Food Products IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in DNV Food Products IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for DNV Food Products IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the DNV Food Products IPO allotment status.
The DNV Food Products IPO listing date is not yet announced. The tentative date of listing is .
