Freshara Agro Exports Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 16-10-2024 | 20-10-2024 | 10 per share | 116 | 1200 Shares | NSE SME | 6,499,200 shares (aggregating up to ₹75.39 Cr) | 2024-10-21 18:30:00 | 2024-10-22 18:30:00 | 2024-10-22 18:30:00 | 23-10-2024 |
About The Company
Freshara Agro Exports IPO is a book built issue of Rs 75.39 crores. The issue is entirely a fresh issue of 64.99 lakh shares.
Freshara Agro Exports IPO opens for subscription on October 17, 2024 and closes on October 21, 2024. The allotment for the Freshara Agro Exports IPO is expected to be finalized on Tuesday, October 22, 2024. Freshara Agro Exports IPO will list on NSE SME with tentative listing date fixed as Thursday, October 24, 2024.
Freshara Agro Exports IPO price band is set at ₹110 to ₹116 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹139,200. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹278,400.
GYR Capital Advisors Private Limited is the book running lead manager of the Freshara Agro Exports IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Freshara Agro Exports IPO is Giriraj Stock Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 5888 | 11841 | 97 | 931.58 | 0 | 3479.1 |
| 30-03-2023 | 8491 | 12700 | 908 | 1855.49 | 0 | 4173.89 |
| 30-03-2024 | 28853 | 19802 | 2182 | 5958.45 | 996.77 | 17618.1 |
| 29-09-2024 | 16600 | 10746 | 1138 | 3834.58 | 3834.58 | 10625.22 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Institutions | 129.22 |
| Non-Institutional Buyers | 510.61 |
| Retail Investors | 180.80 |
| Total | 236.80 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | 139200 |
| Retail (Max) | 1 | 1200 | 139200 |
| HNI (Min) | 2 | 2400 | 278400 |
IPO Listing Details
| Listing Date | 23-10-2024 |
| BSE Script Code | - |
| NSE Symbol | FRESHARA |
| ISIN | INE0SFW01015 |
| Final Issue Price | 116 |
Promoter holdings
Mr. Junaid Ahmed, Mr. Iqbalahmed Khudrathullah Mohammed, and Mrs. Asma Syed are the company's promoters.
Contact Information of the Company
Freshara Agro Exports Limited
Old No.3, New No.9,
Puram Prakasam Road, Balaji Nagar,
Royapettah, Chennai - 600014
Phone: +91 44 4357 0138
Email: cs@fresharaagroexports.com
Website: https://fresharaagroexports.com/
IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: newissue@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
IPO Lead Manager
GYR Capital Advisors Private Limited (Past IPO Performance)