247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Freshara Agro Exports Limited IPO (Freshara Agro Exports IPO) Details

Freshara Agro Exports Limited is an Agro based company, located in Chennai, Freshara Agro Exports Limited IPO size was 75.39 Cr. and was issued at 116.00 per share. The share of Freshara Agro Exports Limited were listed at 134.70 per share and are currently trading at 181.50 per share.

Type :
Sub Sector : Procures, Processes And Exports Preserved Gherkins And Other Pickled Goods
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
214.92 Cr.

PAT :
22.76 Cr.

Pricing Report

Issue Price :
116.00

Listing Price :
134.70

Current Market Price :
181.50

Issue Price vs CMP :
65.5 (56.47%)

listing Price vs CMP :
46.8 (34.74%)

Performance Report (CAGR* wise)

CAGR : 540.32
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Freshara Agro Exports

Company Information
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 sourcing
from accredited farms and farmers dedicated to sustainable agricultural methodologies. The Company concludes
buy-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
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Object of Issue
  • To meet the Capital Expenditure
  • Funding the working capital requirements of the company
  • To meet the General Corporate Purposes and
  • To meet the Issue Expenses

Freshara Agro Exports SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2024
IPO Size :
75.39 Cr.
Market Cap :
272.59 Cr.   
IPO Subscription :
236.80 X     
PE Multiple :
11.98
IPO Registrar:
Purva Sharegistry India Private Limited

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FAQs

Freshara Agro Exports operates in Agro and Procures, Processes And Exports Preserved Gherkins And Other Pickled Goods. The Issue is listed on NSE EMERGE in Oct, 2024. Freshara Agro Exports IPO size was 75.39 Cr. with Issue price of 116.00 .

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 181.50.

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