FRESHARA AGRO EXPO...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO FRESHARA AGRO EXPO...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Freshara Agro Exports Ltd.

Freshara Agro Exports Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹116
₹116
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹116
Based on GMP
Min. Investment
₹139,200
1 lot × 1200 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
17 Oct 2024
Close Date
21 Oct 2024
Allotment
22 Oct 2024
Listing Date
24 Oct 2024
Exchange
NSE SME
Price Band
₹116
Listing Price
See chart
Allotment Status
Price Band
₹116
Per share
Face Value
₹10 per share
 
Lot Size
1,200 Shares
per lot
Issue Size
64,99,200 shares (aggregating up to ₹75.39 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹139,200
1 lot
Pre-IPO Holding
1,70,00,000 shares
Promoters
Post-IPO Holding
2,34,99,200 shares
Promoters
P/E (Pre)
9.04x
 
P/E (Post)
11.98x
 
EPS (Pre)
₹12.84
 
EPS (Post)
₹9.68
 
UPI Deadline
2024-10-21
Mandate
Anchor AllotmentWed, 16 Oct 2024
Basis of AllotmentTue, 22 Oct 2024
Refund InitiationWed, 23 Oct 2024
Demat CreditWed, 23 Oct 2024
Listing DayThu, 24 Oct 2024
UPI Mandate Deadline2024-10-21
Sale TypeFresh Capital
Net Offer to Public58,80,000 shares (aggregating up to ₹68.21 Cr)
Market Maker Quota6,19,200 shares (aggregating up to ₹7.18 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Freshara Agro Exports Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Oct 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
619,200
₹7.18
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,499,200
100% ₹75.39
IPO Shares Offered
Freshara Agro Exports Ltd. IPO total issue size: ₹75.39 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 619,200 ₹7.18
9.53%
Total 6,499,200 ₹75.39
100.00%
* Based on upper price band ₹116 per share
Lot Size & Investment
Lot Size
1,200
Shares per Lot
Issue Price
₹116.00
Upper Band
Min Investment
₹139,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,400₹278,400
Retail (Max — 13 Lots)1315,600₹1,809,600
S-HNI (Min — 14 Lots)1416,800₹1,948,800
B-HNI (Min — 68 Lots)6881,600₹9,465,600
* Issue Price ₹116 × Lot Size 1,200 shares
IPO Schedule
Anchor
16 Oct 2024
✓ Done
IPO Open
17 Oct 2024
✓ Done
IPO Close
21 Oct 2024
✓ Done
Allotment
22 Oct 2024
✓ Done
Refunds
23 Oct 2024
✓ Done
Demat Credit
23 Oct 2024
✓ Done
Listing Day
24 Oct 2024
✓ Done
Freshara Agro Exports Ltd. — Live Price LIVE
₹116.00
INR · NSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹116.00 Live Price
About Freshara Agro Exports Ltd.
Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was established in 2015 and procures, processes and exports preserved Gherkins and other pickled goods from India to various countries across the world.Under a contract farming program, the company exports raw produce from local farmers in Tamil Nadu, Karnataka, and some parts of Andhra Pradesh. 70% of the produce is "not ready-to-eat" and is supplied directly to factories for further processing and conversion into finished products. The remaining 30% is supplied to food brokers and traders in the international market. The company's products include gherkins, baby corn, jalapenos, and other pickled vegetables.As of March 31, 2024, the company processes and exports pickled vegetables in 3 different packaging categories. The details of the 3 packaging categories: 1) Industrial packaging in food grade drums and pails; 2) Food packaging in plastic buckets and tin cans; and 3) Retail packaging in glass jars and tin cans.The company is accredited by a number of leading organizations, including the Food Safety and Standards Authority of India (FSSAI), the United States Food & Drug Administration (FDA), Star-K Kosher, Agricultural and Processed Food Products Export Development Authority (APEDA), International Featured Standards, Brand Reputation through Compliance Global Standard (BRCGS).Competitive strengths:Good relationships with contract farmers and other suppliers ensure the availability of raw materials in the off-seasonSupporting an efficient supply chain enables the company to maintain long-term and intensive customer relationshipsQuality assurance and control of product quality, which has earned the company various awards and accreditationsAdvanced in-house processing facilities with a focus on cost competitivenessA comprehensive product portfolio that enables the company to serve its customers around the worldProven financial performance and a scalable business modelExperienced promoter and management teamAs of September 30, 2024, the company had a total of 135 employees.
Objects of the Issue
1
To meet the Capital Expenditure;
2
Funding the working capital requirements of the company;
3
To meet the General Corporate Purposes; and
4
To meet the Issue Expenses.
Freshara Agro Exports Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹12,700.2
31 Mar 2023
₹19,819.6
31 Mar 2024
₹10,746.1
30 Sep 2024
Profit After Tax (PAT)
₹908.2
31 Mar 2023
₹2,182.4
31 Mar 2024
₹1,137.8
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 10746.11 19819.58 12700.22
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1137.81 2182.41 908.20
Net Worth 3834.58 2696.77 1855.49
Total Assets 16599.73 16657.80 8490.64
Reserves & Surplus 2134.58 996.77 N/A
Borrowings 10625.22 10755.98 4173.89
EBITDA Margin (%) N/A
PAT Margin (%) 10.98%
P/BV Ratio
7.31
RoCE
12.31%
RoNW
29.67%
PAT Margin
10.98%
Debt/Equity
2.77
Issue Structure & Shareholding
Total Shares Offered64,99,200 (100.00%)
Net Offer to Public58,80,000 shares (aggregating up to ₹68.21 Cr)
Reserved for Market Maker6,19,200 shares (aggregating up to ₹7.18 Cr)
Pre-Issue Promoter Holding1,70,00,000 shares
Post-Issue Promoter Holding2,34,99,200 shares
P/BV Ratio7.31
RoEN/A
RoCE12.31%
Debt / Equity2.77
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Freshara Agro Exports Ltd. IPO subscribed?

Freshara Agro Exports Ltd. IPO is subscribed 1.00 times by Oct 21, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Freshara Agro Exports Ltd. IPO retail subscription status?

The Freshara Agro Exports Ltd. IPO retail category is subscribed 1.00 times as of 21 Oct 2024. The retail portion is oversubscribed.

How to subscribe Freshara Agro Exports Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 17 Oct 2024 and closes 21 Oct 2024. Min investment: ₹139,200 (1 lot = 1,200 shares). UPI mandate: 2024-10-21.

How many times Freshara Agro Exports Ltd. IPO subscribed?

The Freshara Agro Exports Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Freshara Agro Exports Ltd. IPO allotment?

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd.) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Oct 2024. Refunds: on 23 Oct 2024.

When Freshara Agro Exports Ltd. IPO will be listed?

The Freshara Agro Exports Ltd. IPO listing date is 24 Oct 2024, Thursday. Listed on: NSE SME. Issue price: ₹116. Estimated listing: ₹116. GMP: NIL.

When Freshara Agro Exports Ltd. IPO close?

The Freshara Agro Exports Ltd. IPO closes on 21 Oct 2024, Monday. UPI mandate: 2024-10-21. Allotment: 22 Oct 2024. Listing: 24 Oct 2024.