Freshara Agro Exports IPO Subscribed over 236.80x on its Last day of subscription

Freshara Agro IPO Subscribed over 236.80x on its last day of subscription wherein QIB subscribed 129.22x, NII subscribed 510.61X, and RII subscribed 180.80x.
Freshara Agro Exports IPO

Freshara Agro IPO subscription started on Tuesday, October 17, and will close on October 21 as per the schedule. The price band is set at ₹110 to ₹116 per share with a face value of ₹10.

Freshara Agro Motor IPO Subscription Status

Freshara Agro IPO Subscribed over 236.80x on its last day till 05.00 PM on 17th October.

  • Freshara Agro IPO subscription QIB investors portion is 129.22x while NII subscribed 510.61x times and RII investors subscribed 180.80x times.
  • The company has received bids for 97,52,44,800 shares against 41,18,400 shares on offer on the last day.
  • Freshara Agro IPO subscribed over 236.80x on day 3
  • Freshara Agro IPO Subscribed over 37.46x on day 2.
  • Freshara Agro IPO Subscribed over 12.31x on day 1.

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 crores in 2023. The company reported a profit of ₹21.82 crores in 2024 against a profit of ₹9.08 crores in 2023.

Freshara Agro Exports IPO GMP:

Freshara Agro Exports IPO GMP was ₹75 as of Thursday, October 17. That indicates the IPO is trading at ₹191 with ₹75 premium in the grey market against the issue price of ₹116.

    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    OPEN DEMAT ACCOUNT