Recently Viewed
Clear AllBidding Date
17-Oct-2024 to
21-Oct-2024
Issue Size
₹75.39 Cr
Price Band
₹110 to ₹116
Allotment date
22-Oct-2024
Listing date
24-Oct-2024
Lot size
1200
No. of shares
64,99,200
Fresh issue/OFS
₹75.39 Cr /--
Freshara Agro Exports Limited was originally established as a partnership firm under the name “Freshara Picklz Exports” on July 23, 2015. The company specializes in the procurement, processing, and export of preserved gherkins and other pickled vegetables from India to global markets, including Europe, the USA, Australia, and Russia. The company emphasizes sustainable agricultural practices by sourcing directly from accredited farms and establishing buy-back agreements with farmers. Freshara's processing facility is located in Tamil Nadu. The company operates primarily in the food processing and export segment, focusing on a diverse range of pickled products. Gherkins, the main revenue driver, accounts for approximately 85% of total sales.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
205.9x
The issue size of Freshara Agro Exports is ₹75.39 Cr.
Freshara Agro Exports falls into Food Processing industry.
The Freshara Agro Exports IPO will be listed on BSE.
The open and close dates for the Freshara Agro Exports are 17-Oct-2024 & 21-Oct-2024.
The price band for the Freshara Agro Exports ipo is ₹110 to ₹116
The listing date of Freshara Agro Exports IPO is 24-Oct-2024.
The purpose of this IPO is to raise fresh capital.
Freshara Agro Exports total subscription ratio is 205.9X.
Key financial of the Freshara Agro Exports are:
| Freshara Agro Exports | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 71.28 | 125.99 | 111.28 |
| EBIT (₹ Cr) | 11.73 | 15.69 | -2.86 |
| Proft after Tax (₹ Cr) | 9.97 | 9.08 | 0.97 |
| Debt (₹ Cr) | 107.56 | 41.74 | 34.79 |
| Net Worth (₹ Cr) | 26.97 | 18.55 | 9.32 |
| RoE (%) | 36.96 | 48.95 | 10.41 |