Freshara Agro Exports IPO Date, Review, Price, Allotment Details

Freshara Agro Exports IPO is opening for subscription on October 17, 2024, and closing on October 21, 2024. This NSE SME IPO aims to raise ₹75.39 Crores, with a 100% Fresh Issue of TBA equity shares, each with a face value of ₹10. The price band for the Freshara Agro Exports IPO is fixed at ₹110- ₹116 Per Share, with a market lot of 1200 shares. The allocation for this IPO is as follows: 35% for retail investors, 50% for QIBs, and 15% for high-net-worth individuals (HNI). Freshara Agro Exports IPO Allotment will done on October 22, 2024, and Freshara Agro Exports IPO listing date is October 24, 2024.

 

Freshara Agro Exports Company Profile

Freshara Agro Exports is a prominent player in the agro-export sector, specializing in the export of a wide variety of agricultural products. Established with a vision to cater to global markets, the company is committed to quality and sustainability in its operations. Freshara Agro Exports aims to source, process, and deliver top-quality agricultural products to international clients, thereby contributing to the agricultural sector’s growth in India.

 

Freshara Agro Exports IPO GMP

 

Freshara Agro Exports IPO Objectives

The funds raised through the IPO will be utilized for:

1. Capital Expenditure: To meet the needs for expanding and upgrading processing facilities.
2. Working Capital Requirements: To support day-to-day operations and manage supply chain logistics.
3. General Corporate Purposes: For any other corporate requirements that may arise.
4. Issue Expenses: Covering costs related to the IPO process itself.

 

Freshara Agro Exports IPO Key Details

• Freshara Agro Exports IPO Open Date: October 17, 2024
• Freshara Agro Exports IPO Close Date: October 21, 2024
• Freshara Agro Exports IPO Size: Approximately ₹75.39 Crores, Equity Shares
• Face Value: ₹10 Per Equity Share
• Freshara Agro Exports IPO Price Band: ₹110- ₹116 Per Equity Share
• Freshara Agro Exports IPO Listing on: NSE SME IPO

• Retail Quota: 35% of the net offer
• QIB Quota: 50% of the net offer
• HNI Quota: 15% of the net offer

 

Freshara Agro Exports IPO Timeline

• Freshara Agro Exports IPO Open Date: October 17, 2024
• Freshara Agro Exports IPO Close Date: October 21, 2024
• Basis of Allotment: October 22, 2024
• Refunds: October 23, 2024
• Credit to Demat Account: October 23, 2024
• Freshara Agro Exports IPO Listing Date: October 24, 2024

 

How to Apply for Freshara Agro Exports IPO

Investors can apply for the Freshara Agro Exports IPO through ASBA (Applications Supported by Blocked Amount) online via their bank accounts or by using the offline IPO forms, which can be downloaded from the NSE website.

 

Freshara Agro Exports Financial Performance (in Crores)

• Year 2022: Revenue: ₹118.41 Cr, Expense: ₹116.80 Cr, Profit After Tax: ₹0.97 Cr, Assets: ₹58.88 Cr
• Year 2023: Revenue: ₹127.00 Cr, Expense: ₹113.17 Cr, Profit After Tax: ₹9.08 Cr, Assets: ₹84.91 Cr
• Year 2024: Revenue: ₹198.02 Cr, Expense: ₹166.93 Cr, Profit After Tax: ₹21.82 Cr, Assets: ₹288.53 Cr
• September 2024: Revenue: ₹107.46 Cr, Expense: ₹92.20 Cr, Profit After Tax: ₹11.38 Cr, Assets: ₹166 Cr

 

Freshara Agro Exports Valuation FY2024

• N/A

 

Freshara Agro Exports Peer Group

• N/A

 

Freshara Agro Exports Company Promoters

• Mr. Junaid Ahmed
• Mr. Iqbalahmed Khudrathullah Mohammed
• Mrs. Asma Syed

 

Freshara Agro Exports IPO Registrar

Purva Sharegistry India Pvt Ltd
9, Shiv Shakti Industrial Estate,
JR Borica Marg,
Lower Parel (East), Mumbai – 400 011
Website: https://www.purvashare.com/investor-service/ipo-query
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com

 

Freshara Agro Exports IPO Allotment Status Check

• Check the Freshara Agro Exports IPO allotment status on the Purva Sharegistry website.

 

Freshara Agro Exports IPO Allotment Link

• Check the Freshara Agro Exports IPO allotment on the Check Ipo Allotment website.

 

Freshara Agro Exports IPO Lead Managers (Merchant Bankers)

• GYR Capital Advisors Private Limited

 

Freshara Agro Exports Company Address

Freshara Agro Exports Limited
Old No.3 New No.9
Puram Prakasam Road Balaji Nagar
Royapettah
Chennai,Tamil Nadu-600014 India
Website: https://fresharaagroexports.com/
Phone: +91 44 4357 0138
Email: cs@fresharaagroexports.com

 

Freshara Agro Exports IPO FAQs

 

What is Freshara Agro Exports IPO?

Freshara Agro Exports IPO is an NSE SME IPO. They are going to raise ₹75.39 Crores via IPO. The issue is priced at ₹110- ₹116 Per equity share. The IPO is to be listed on NSE.

 

When will the Freshara Agro Exports IPO open?

The IPO is to open on October 17, 2024, for NII, and Retail Investors.

 

What is Freshara Agro Exports IPO Investors Portion?

The investors’ portion for QIB is 50%, HNI is 15%, and Retail is 35%.

 

How to Apply for the Freshara Agro Exports IPO?

You can apply for Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

 

How to Apply Gala Precision Engineering IPO through M-Stock?

For those using M-Stock, the application process involves logging into the M-Stock Account, selecting the IPO under the Product Tab, and then filling in the necessary details. Approval through a UPI app is also required. Opening a Demat Account with M-Stock may be necessary for some applicants. Open Demat Account with M-Stock.

 

How to Apply the Freshara Agro Exports IPO through Alice Blue?

Alice Blue users can apply by logging into the Alice Blue application, selecting the IPO, and confirming their application. Similar to other methods, approval via a UPI app is required. Opening a Demat Account with Alice Blue may also be necessary. Open a Demat Account with Alice Blue.

 

How to Apply for the Freshara Agro Exports IPO through Motilal Oswal?

Log in to Motilal Oswal Application with your credentials. Select the IPO. You will see the IPO Name. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Motilal Oswal.

 

What is Freshara Agro Exports IPO Size?

Freshara Agro Exports IPO size is ₹75.39 Crores.

 

What is Freshara Agro Exports IPO Price Band?

Freshara Agro Exports IPO Price Band is ₹110- ₹116 Per equity share.

 

What is Freshara Agro Exports IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹139,200.

 

What is Freshara Agro Exports IPO Allotment Date?

Freshara Agro Exports IPO allotment date is October 22, 2024.

 

What is Freshara Agro Exports IPO Listing Date?

Freshara Agro Exports IPO listing date is October 24, 2024. The IPO to list on NSE SME IPO.