With its eyes set on public listing, the D2C meat delivery startup has converted from a private limited company into a public limited company by dropping the “Private” from its name on record “DSM Fresh Foods Private Limited”
For its IPO, the startup has also proposed increasing its authorised share capital from INR 1.11 Cr to INR 25 Cr
It also proposed to elevate the position of founder and CEO Deepanshu Manchanda to the role of chairman and managing director of the Company
Delhi NCR-based meat delivery startup Zappfresh has transformed itself into a public company as a step in preparation for its initial public offering (IPO).
In a filing with the Ministry of Corporate Affairs, the Deepanshu Manchanda-led startup said that it has converted from a private limited company into a public limited company by dropping the “Private” from its name on record “DSM Fresh Foods Private Limited”.
With this, the company is looking to list its equity shares on the stock…