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Objective of the Issue
The Company proposes to utilize the funds which are being raised towards funding the following objects:
- To meet the Capital Expenditure.
- Funding the working capital requirements of the company.
- To meet the General Corporate Purposes.
- To meet the Issue Expenses.
IPO Details, Price, Market Lot
| Freshara Agro Exports IPO Details | |
| IPO Open Date | 17 October 2024 |
| IPO Close Date | 21 October 2024 |
| IPO Issue Size | 6,499,200 shares (Aggregating up to ₹75.39 Cr) |
| Fresh Issue | 6,499,200 shares (Aggregating up to ₹75.39 Cr) |
| Offer for Sale | NIL |
| Retail Portion | Not less than 35.00% of the offer |
| NII Portion | Not less than 15.00% of the offer |
| QIB Portion | Not more than 50.00% of the offer |
| Listing At | NSE SME |
| Freshara Agro Exports IPO Price | |
| Face Value | ₹10 per share |
| IPO Price Band | ₹110 to ₹116 per share |
| Employee Discount | — |
| IPO Issue Type | Book Built Issue |
| Freshara Agro Exports IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1200 Shares |
| Minimum Lot Size | 1 Lot (1200 Shares) |
| Minimum Amount (Cut-off price) | ₹1,39,200 |
| Maximum Lot Size | 1 Lot (1200 Shares) |
| Maximum Amount (Cut-off price) | ₹1,39,200 |
| Freshara Agro Exports IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1200 Shares |
| Minimum Lot Size | 2 Lots (2400 Shares) |
| Minimum Amount (Cut-off price) | ₹2,78,400 |
IPO Date, Listing Date, Allotment Date
| Freshara Agro Exports IPO Time Table (Tentative) | |
| IPO Open Date | 17 October 2024 |
| IPO Close Date | 21 October 2024 |
| Basis of Allotment Date | 22 October 2024 |
| Initiation of Refunds | 23 October 2024 |
| Credit of Share to Demat Account | 23 October 2024 |
| IPO Listing Date | 24 October 2024 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 September 2024 | 16,599.73 | 10,746.11 | 1,137.81 | 3,834.58 | 10,625.22 |
| 31 March 2024 | 28,853.09 | 19,801.58 | 2,182.41 | 5,958.45 | 17,618.10 |
| 31 March 2023 | 8,490.64 | 12,700.22 | 908.20 | 1,855.49 | 4,173.89 |
| 31 March 2022 | 5,887.64 | 11,840.68 | 97.36 | 931.58 | 3,479.10 |
| Period Ended | 30 September 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 16,599.73 | 28,853.09 | 8,490.64 | 5,887.64 |
| Revenue | 10,746.11 | 19,801.58 | 12,700.22 | 11,840.68 |
| P A T | 1,137.81 | 2,182.41 | 908.20 | 97.36 |
| Net Worth | 3,834.58 | 5,958.45 | 1,855.49 | 931.58 |
| Borrowings | 10,625.22 | 17,618.10 | 4,173.89 | 3,479.10 |
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
| Pre Issue Promotor Holding | 86.50% |
| Post Issue Promotor Holding |
Company Address
IPO Registrar, Lead Manager, Prospectus
| Freshara Agro Exports IPO Prospectus |
| Freshara Agro Exports IPO Registrar |
| Purva Sharegistry India Pvt Ltd |
| Freshara Agro Exports IPO Lead Manager |
| GYR Capital Advisors Private Limited |
