IPO Trending
FRESHARASME / NSEListed
Freshara Agro Exports

Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was established in 2015 and focuses on sourcing, processing, and exporting preserved gherkins and other pickled vegetables from India to international markets. The company follows a contract farming model by partnering with farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh. Around 70% of its produce is sent to factories for further processing, while 30% is exported directly to food brokers and traders. Freshara offers products like gherkins, baby corn, and jalapenos in industrial, food service, and retail packaging. The company maintains strict quality and food safety standards with certifications from FSSAI, US FDA, Star-K Kosher, APEDA, IFS, and BRCGS. As of September 30, 2024, it employs 135 people.

₹110 - ₹116236.95x sub
Listed Price₹135.00
Listing Gain+16.38%

IPO Schedule & Timeline

Bookbuilding IPO
Open17 Oct 2024
Close21 Oct 2024
Allotment22 Oct 2024
Listing24 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail20,59,200 shares
31.68%
Nii (hni)8,83,200 shares
13.59%
Anchor17,61,600 shares
27.1%
QIB11,76,000 shares
18.09%
Market Maker6,19,200 shares
9.53%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,39,200
HNI2 Lots (2,400 shares)
₹2,78,400

Company Promoters

Mr. Junaid AhmedMr. Iqbalahmed Khudrathullah MohammedMrs. Asma Syed

Company Background

Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was established in 2015 and focuses on sourcing, processing, and exporting preserved gherkins and other pickled vegetables from India to international markets. The company follows a contract farming model by partnering with farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh....

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-24)₹10746.11 Cr
Growth-9.2%
Revenue Trend (₹ in Crores)
0.07.6k15.2k22.8kMar-22Mar-23Mar-24Sep-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-2410,746.111,137.8116,599.73 10,625.22
Mar-2419,801.582,182.4128,853.09 17,618.1
Mar-2312,700.22908.28,490.644,173.89
Mar-2211,840.6897.365,887.643,479.1

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-246.690%12.31%9.0411.98
Mar-2412.830%10.04%00
Mar-235.340%20.25%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
22 Oct 2024
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
24 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Freshara Agro Exports. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Oct 2024Trading commences on exchange

How to Check Freshara Agro Exports Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Freshara Agro Exports from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Freshara Agro Exports IPO

Complete issue overview for Freshara Agro Exports (FRESHARA) IPO. The issue features an equity share price band of ₹110 – ₹116 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,39,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions