58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Freshara Agro Exports Limited IPO (Freshara Agro Exports IPO) Detail

Freshara Agro Exports IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Agro sector. GYR Capital Advisors is the merchant banker of Freshara Agro Exports IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 25th July 2024.

Freshara Agro Exports IPO open date is 17th October 2024 and close date is 21st October 2024. IPO Allotment Date is 22nd October 2024 and Listing date is 24th October 2024.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 75.39 Cr. Avg IPO Size (Sector Based) : ₹ 19.33 cr.
  • Sector: Agro SME IPO so far: 77
  • Merchant Banker: GYR Capital SME IPO by BRLM so far: 39
  • City: Chennai SME IPO so far: 30
  • Revenue (annualised): ₹ 214.92 cr.
            (annualised): ₹ 22.76 cr.
  • PE Ratio: 11.98x Average Sector PE Ratio: 18.29x

Freshara Agro Exports IPO Date

Date of DRHP:
25th July 2024
IPO Allotment Date:
22nd October 2024
IPO Open Date:
17th October 2024
Initiation of Refund:
24th October 2024
IPO Closing Date:
21st October 2024
IPO Listing Date:
24th October 2024

Freshara Agro IPO Info, Size, Subscription

Freshara Agro Exports IPO size is ₹ 75.39 Cr. with IPO price of ₹ 116.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 75.39 Cr.

Issue Price:
₹ 116.00

Market Capitalisation :
₹ 272.59 Cr.

PE multiple :
11.98

Subscription :
236.80 times

Pre Issue Promoter Holding :
86.50 %

Post Issue Promoter Holding :
0.00 %

Freshara Agro Exports IPO Information

Sub Sector : procures, processes and exports preserved Gherkins and other pickled goods
Freshara Agro Exports Limited isengaged in the procurement, processing and exporting of preserved Gherkins and other pickled commodities from India to different countries of the world. The procurement process involves direct sourcingfrom accredited farms and farmers dedicated to sustainable agricultural methodologies. The Company concludesbuy-back agreements with the farmers and in turn supplies the farmers the necessary sowing material such as seeds to the identified small and marginal farmers They meticulously process the procured Gherkins and other pickled vegetables within their processing facility, adhering to stringent quality and preservation protocols prior to exportation. Gherkins and other pickled vegetables are processed in the processing facility situated at Survey No.380, Velakalnatham Village, Natrampalli Taluk, Tirupattur District, Tamil Nadu-635854 on a high-quality measure and packed in food-grade drums, glass
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Object of Issue (Freshara Agro IPO Objectives)

  • To meet the Capital Expenditure
  • Funding the working capital requirements of the company
  • To meet the General Corporate Purposes
  • To meet the Issue Expenses

GYR Capital Advisors Private Limited is the book-running lead manager of the Freshara Agro Exports IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Freshara Agro Exports IPO.

Freshara Agro IPO Market Maker

Giriraj Stock Broking Private Limited

Freshara Agro IPO Registrar (RTA)

Purva Sharegistry India Private Limited

Freshara Agro IPO Lead Manager (BRLM)

GYR Capital Advisors Private Limited

Freshara Agro Exports IPO anchor investors are the below investors. The number of anchor investors in this IPO is 7.

Anchor Investors in Freshara Agro IPO

No. of Anchor Investors: 7

Anchor Investor Name   No. of shares Allotted Offer Price (in ₹.) Amount Invested (in ₹.)
HDFC BANK LIMITED 172,800.00 ₹ 116.00 ₹ 20,044,800.00
Rajasthan Global Securities 172,800.00 ₹ 116.00 ₹ 20,044,800.00
LRSD Securities Private 172,800.00 ₹ 116.00 ₹ 20,044,800.00
Investi Global Opportunity 172,800.00 ₹ 116.00 ₹ 20,044,800.00
Vikasa India EIF 172,800.00 ₹ 116.00 ₹ 20,044,800.00
Abundantia Capital VCC 724,800.00 ₹ 116.00 ₹ 84,076,800.00
Saint Capital Fund 172,800.00 ₹ 116.00 ₹ 20,044,800.00

Freshara Agro Exports IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Freshara Agro Exports IPO?

Freshara Agro Exports IPO, based in Chennai, operates in the   Agro sector with a focus on procures, processes and exports preserved Gherkins and other pickled goods. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Freshara Agro Exports IPO size is ₹ 75.39 Cr. with fresh issue size of ₹ 75.39 Cr. and Offer for sale being Nil

When is Freshara Agro IPO allotment?

The IPO allotment date for Freshara Agro Exports IPO is expected to be 22nd October 2024, after the finalization of basis of allotment. Investors can check Freshara Agro Exports IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Freshara Agro Exports IPO refund dates are 24th October 2024.

When is Freshara Agro Exports IPO listing date?

Freshara Agro Exports IPO is expected to be listed on 24th October 2024.

What is the price band for Freshara Agro IPO?

The upper price band for the Freshara Agro Exports IPO is set at ₹ 116.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Freshara Agro Exports IPO Review?

For IPO analysis on Freshara Agro Exports IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Freshara Agro Exports IPO?

To apply for the Freshara Agro Exports IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st October 2024. After submission, funds are blocked until the basis of allotment of Freshara Agro Exports IPO is finalised.

Who is the merchant banker of Freshara Agro IPO?

The merchant banker for Freshara Agro Exports IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Freshara Agro Exports IPO RHP for further details.

Who is the Registrar of Freshara Agro Exports IPO?

The registrar for Freshara Agro Exports IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Freshara Agro Exports IPO through their official website or helpline.

What is the Freshara Agro Exports IPO subscription?

Freshara Agro Exports IPO was subscribed 236.80 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 75.39 Cr. Avg IPO Size (Sector Based) : ₹ 19.33 Cr.
  • Sector: Agro SME IPO so far: 77
  • Merchant Banker: GYR Capital SME IPO by BRLM so far: 39
  • City: Chennai SME IPO so far: 30
  • Revenue (annualised): ₹ 2.08 cr.
            PAT: (annualised): ₹ 0.22 cr.
  • PE Ratio: 11.98x Average Sector PE Ratio: 18.29x
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FAQs

Freshara Agro Exports IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Freshara Agro Exports Financial Review Page

Freshara Agro Exports IPO subscription was 236.80 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Freshara Agro Exports IPO listed at a listing price of 134.70 against the offer price of 116.00.

The current market price of Freshara Agro Exports is 169.00.

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