Freshara Agro Exports Ltd., established in 2023, operates in the Food Processing & Packaging sector. The company's IPO opened on October 17, 2024 and closed on October 21, 2024, with an issue price of ... Read more
Our Company are engaged in the procurement, processing and exporting of preserved Gherkins and other pickled commodities from India to different countries of the world. Our procurement process involves direct sourcing from accredited farms and farmers dedicated to sustainable agricultural ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 17,61,600 (27.1%) |
| Market Makers | 6,19,200 (9.53%) |
| Non Institutional Investors | 8,83,200 (13.59%) |
| Qualified Institutional Buyers (QIBs) | 11,76,000 (18.09%) |
| Retail Individual Investors (RIIs) | 20,59,200 (31.68%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 73.25 Cr | 9.97 Cr | 9.97 Cr |
| 31 Mar 2023 | 127.00 Cr | 9.08 Cr | 0 |
| 31 Mar 2022 | 118.41 Cr | 97.36 Lakh | 0 |
1. Capital Expenditure
2. Working Capital
3. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 116.00 |
| Open | - | ₹ 135.00 |
| Low | - | ₹ 128.25 |
| High | - | ₹ 141.00 |
| Last Trade | - | ₹ 134.70 |
1. Mr. Junaid Ahmed
2. Mr. Iqbalahmed Khudrathullah Mohammed
3. Mrs. Asma Syed
India is one of the largest agricultural product exporters in the world. In April-January 2024, the overall value of export of agricultural products stood at US$ 38.65 billion. In 2022-23, the agricultural exports from India stood at US$ 52.50 billion. During 2021-22, the country recorded US$ ... Read more
When does Freshara Agro Exports Ltd. IPO opens and closes?
What is the size of Freshara Agro Exports Ltd. IPO?
What is the price range of Freshara Agro Exports Ltd. IPO?
What is the minimum investment and lot size required for the Freshara Agro Exports Ltd. IPO?
When is Freshara Agro Exports Ltd. IPO listing date?
What is the objective of Freshara Agro Exports Ltd. IPO?
Freshara agro exports announced the launch of its Initial Public Offering to raise a total of Rs 75.39 crores. The entire issue consists of fresh equity shares, totaling 64.99 lakh shares. The IPO will open for subscription on October 17, 2024, and close on October 21, 2024. With a focus on exports, the company aims to capitalize on the increasing demand for Indian agricultural products in global markets. The Freshara Agro Exports IPO is a good opportunity for investors to participate in the growth of the company.
The IPO offers investors the opportunity to purchase 64.99 lakh equity shares at a price between Rs.110 and Rs.116 per share assigning at least 35% of the net issue to retail investors, 15% to high-net-worth individuals (HNIs), and up to 50% to qualified institutional buyers(QIB) Retail investors need to invest a minimum of Rs.139,200 (1200 shares), while HNIs must invest at least Rs.278,400 (2400 shares). The allotment of shares is expected on October 22, 2024, and the shares will list on the NSE SME platform on October 24, 2024.
Freshara Agro Exports, established in 2015, sources, processes, and exports pickled goods from India. The company has experienced strong financial growth, with revenue increasing by 56% and profit after tax by 140% in the past year.
Its upcoming IPO is valued at Rs 272.59 crore. The promoter holding of the company are in the hands of Mr. Junaid Ahmed, Mr. Iqbalahmed Khudrathullah Mohammed, and Mrs. Asma Syed.
15 October 2024
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