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 37.46x on its second day till 05.00 PM on 17th October.
- Freshara Agro IPO subscription QIB investors portion is 7.27x while NII subscribed 50.76x times and RII investors have subscribed 49.00x times.
- The company has received bids for 15,42,40,800 shares against 41,18,400 shares on offer on the first day.
- 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.
