Freshara Agro Exports IPO price band is ₹110 to ₹116 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Freshara Agro Exports IPO to list on NSE on October 24, 2024. The allotment of Freshara Agro Exports IPO date is October 22, 2024. The company reported revenue of ₹198.02 crores in 2024 against ₹127.00 crore in 2023. The company reported profit of ₹21.82 crores in 2024 against profit of ₹9.08 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Freshara Agro Exports IPO Details
| IPO Open Date: | October 17, 2024 |
| IPO Close Date: | October 21, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹110 to ₹116 Per Share |
| Issue Size: | Approx ₹75.39 Crores |
| Fresh Issue: | Approx ₹75.39 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Freshara Agro Exports IPO Timeline
The Freshara Agro Exports IPO date is October 17, 2024 and the close date is October 21, 2024. The Freshara Agro Exports IPO allotment will be finalized on October 22, 2024 and the IPO listing on October 24, 2024.
| IPO Open Date: | October 17, 2024 |
| IPO Close Date: | October 21, 2024 |
| Basis of Allotment: | October 22, 2024 |
| Refunds: | October 23, 2024 |
| Credit to Demat Account: | October 23, 2024 |
| IPO Listing Date: | October 24, 2024 |
Freshara IPO Market Lot
The Freshara Agro Exports IPO minimum market lot is 1200 shares with ₹278,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹139,200 |
| Retail Maximum | 1 | 1200 | ₹139,200 |
| HNI Minimum | 2 | 2400 | ₹278,400 |
Freshara Agro Exports IPO: Financial Performance and Analysis
The company reported revenue of ₹198.02 crores in 2024 against ₹127.00 crore in 2023. The company reported profit of ₹21.82 crores in 2024 against profit of ₹9.08 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹118.41 | ₹116.80 | ₹0.97 | ₹58.88 |
| 2023 | ₹127.00 | ₹113.17 | ₹9.08 | ₹84.91 |
| 2024 | ₹198.02 | ₹166.93 | ₹21.82 | ₹288.53 |
| Sept 2024 | ₹107.46 | ₹92.20 | ₹11.38 | ₹166 |
