Freshara Agro Exports IPO

Freshara Agro Exports Limited

₹1,32,000 /1200 sharesMinimum Investment

Freshara Agro Exports IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹116.00₹135.00₹19.00 (16.38%)

Freshara Agro Exports IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
17 Oct ‘24 - 21 Oct ‘24₹1,32,0001,200₹110 - ₹116
Issue SizeIPO Doc
75.39Cr
RHP PDF

About Freshara Agro Exports

Freshara Agro Exports procures, processes, and exports preserved gherkins and other pickled products from India to global markets. The company directly sources its products from farms. Freshara Agro Exports enters into buyback agreements with these farmers, providing them with essential planting materials, such as seeds. The company’s product line includes pickled cucumbers, carrots, and other blends made from exotic vegetables.;
Founded in
2015
Managing director
Mr. Junaid Ahmed
Parent organisation
Freshara Agro Exports Limited

Strengths & Financials of Freshara Agro Exports

Strengths
Risks
The company holds certifications from several organisations, including the Food Safety and Standards Authority of India (FSSAI), United States Food & Drug Administration (FDA), Star-K Kosher, Agricultural and Processed Food Products Export Development Authority (APEDA), International Featured Standards, and Brand Reputation through Compliance Global Standard (BRCGS), ensuring that all its products meet or exceed industry standards and help in exporting to countries like Russia, the US, the UK, various countries in Europe, the Middle East, etc.
The company has been recognised as a 100% export house by the Ministry of Commerce & Industry, Government of India.
Freshara Agro Exports claims to secure steady supply of top-quality vegetables through strategic partnerships with local farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh, facilitated through its contract farming program.
The company claims to operate modern production facilities equipped with the latest machinery, upholding the highest industry standards. These facilities follow strict hygiene and safety protocols, ensuring the integrity and purity of the products throughout every phase of the manufacturing process.
The company has recorded a consistent rise in profit after tax (PAT). PAT increased from Rs 0.97 crore in FY22 to Rs 9.08 crore in FY23 to Rs 9.97 crore in FY24.

Freshara Agro Exports Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Freshara Agro Exports IPO

Apply asPrice bandApply upto
Regular110 - 116₹2 Lakh
High Networth Individual110 - 116₹2 - 5 Lakh
For Freshara Agro Exports IPO, eligible investors can apply as Regular.
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