Freshara Agro Exports Limited IPO GMP

Freshara Agro Exports engaged 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.

Freshara Agro Exports, an Book Built Issue amounting to ₹75.39 Crores, consisting entirely an Fresh Issue of 64.99 Lakh Shares. The subscription period for the Freshara Agro Exports IPO opens on October 17, 2024, and closes on October 21, 2024. The allotment is expected to be finalized on or about Tuesday, October 22, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Thursday, October 24, 2024.

The Share price band Freshara Agro Exports IPO is set at ₹110 to ₹116 equity per share, with a minimum lot size of 1,200 shares. Retail investors are required to invest a minimum of ₹1,39,200, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,400 shares), amounting to ₹2,78,400.

GYR Capital Advisors Private Limited is the book-running lead manager, Purva Sharegistry (India) Private Limited is the registrar for the Issue. Giriraj Stock Broking Private Limited will act as Market Maker for the Freshara Agro Exports IPO.

Freshara Agro Exports Limited IPO GMP Today
The Grey Market Premium of Freshara Agro Exports Limited IPO is expected to be ₹35 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Freshara Agro Exports Limited IPO Live Subscription Status Today: Real-Time Updates
Freshara Agro Exports IPO will be open for its subscription on 17th October, 2024.

Freshara Agro Exports Limited IPO Anchor Investors Report
Freshara Agro Exports has raised ₹20.43 Crore from Anchor Investors at a price of ₹116 per shares in consultation of the Book Running Lead Managers. The company allocated 17,61,600 equity shares to the Anchor Investors. Check Full list of Freshara Agro Exports Anchor Investors List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

Freshara Agro Exports Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Freshara Agro Exports IPO allotment date is 22 October, 2024, Tuesday. Freshara Agro Exports IPO Allotment will be out on 22nd October 2024 and will be live on Registrar Website from the allotment date. Check Freshara Agro Exports Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Freshara Agro Exports Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Freshara Agro Exports Limited IPO
Freshara Agro Exports Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹879.97 Lakhs will be used to meet out the Capital Expenditure; 
2. ₹5,600.00 Lakhs will be used for Funding the working capital requirements of the company; 
3. To meet out the General Corporate Purposes; and 
4. To meet out the Issue Expenses.

Refer to Fresharo Agro Exports Limited RHP for more details about the Company.