Freshara Agro Exports IPO Details
| IPO Open Date: | October 17, 2024 |
| IPO Close Date: | October 21, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹110 to ₹116 Per Share |
| Issue Size: | Approx ₹75.39 Crores |
| Fresh Issue: | Approx ₹75.39 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Freshara Agro Exports IPO Market Lot
The Freshara Agro Exports IPO minimum market lot is 1200 shares with ₹278,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹139,200 |
| Retail Maximum | 1 | 1200 | ₹139,200 |
| HNI Minimum | 2 | 2400 | ₹278,400 |
Freshara Agro Exports IPO Dates
The Freshara Agro Exports IPO date is October 17, 2024 and the close date is October 21, 2024. The Freshara Agro Exports IPO allotment will be finalized on October 22, 2024 and the IPO listing on October 24, 2024.
| IPO Open Date: | October 17, 2024 |
| IPO Close Date: | October 21, 2024 |
| Basis of Allotment: | October 22, 2024 |
| Refunds: | October 23, 2024 |
| Credit to Demat Account: | October 23, 2024 |
| IPO Listing Date: | October 24, 2024 |
Promoters of Freshara Agro Exports IPO
The promoters of the company are Mr. Junaid Ahmed, Mr. Iqbalahmed Khudrathullah Mohammed, and Mrs. Asma Syed.
About Freshara Agro Exports IPO
Freshara Agro Exports is a leading producer and exporter of pickled products in India established in the year of 2015. They are known for processing and exporting preserved Gherkins and other types of pickles from India to different countries allowing people all over the world to enjoy the authentic taste of their pickled gherkins. For Freshara Agro Exports exceptional quality and customer satisfaction are the most important things. They maintained good partnerships with farmers of Tamil Nadu, Karnataka, and some parts of Andhra Pradesh for a constant supply of vegetables. Moreover, for the past 9 years, Freshara Agro Exports have been professionals in producing quality tasty gherkins, cucumbers, and pickled vegetables. From January 24, 2024, to March 31, 2024, our revenue from operations was ₹ 11,127.91 lakhs, ₹ 12,599.45 lakhs, ₹ 12,247.66 lakhs and ₹7,130.99 lakhs.
Freshara Agro Exports IPO Company Financial Report
The company reported revenue of ₹198.02 crores in 2024 against ₹127.00 crore in 2023. The company reported profit of ₹21.82 crores in 2024 against profit of ₹9.08 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹118.41 | ₹116.80 | ₹0.97 | ₹58.88 |
| 2023 | ₹127.00 | ₹113.17 | ₹9.08 | ₹84.91 |
| 2024 | ₹198.02 | ₹166.93 | ₹21.82 | ₹288.53 |
| Sept 2024 | ₹107.46 | ₹92.20 | ₹11.38 | ₹166 |
Freshara Agro Exports IPO Valuation – FY2024
Check Freshara Agro Exports IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹- (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | NA | NA | NA | NA | – Cr. |
| NA | NA | NA | NA | NA | – Cr. |
Objects of the Issue
- To meet out the Capital Expenditure;
- Funding the working capital requirements of the company;
- To meet out the General Corporate Purposes; and
- To meet out the Issue Expenses.
Freshara Agro Exports IPO Review
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Freshara Agro Exports IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Private Limited
Company Address
Freshara Agro Exports Limited
Old No.3, New No.9,
Puram Prakasam Road, Balaji Nagar,
Royapettah, Chennai – 600014
Phone: +91 44 4357 0138
Email: [email protected]
Website: https://fresharaagroexports.com/
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