Freshara Agro Exports Limited
ListedSMEAgriculture & Food Processing · NSE
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.
Price Band
₹110 – ₹116
Issue Size
₹75.39 Cr
Lot Size
1200 shares
GMP
₹50
+43.1%
Est. Listing
₹166
at current GMP
Subscribed
236.95x
overall
Open
17 Oct 2024
Close
21 Oct 2024
Allotment
22 Oct 2024
Refund
23 Oct 2024
Demat Credit
24 Oct 2024
Listing
24 Oct 2024
Last updated 12 days ago
Official Registrar Verification
Freshara Agro Exports Limited Allotment Status
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
22 Oct 2024
Basis finalization
Refunds Initiate
23 Oct 2024
Mandate release
Demat Credit
24 Oct 2024
Shares in demat
Listing Debut
24 Oct 2024
Trading begins
How to Check Freshara Agro Exports Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Purva Sharegistry India Private Limited's allotment portal.
- Select Freshara Agro Exports Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Freshara Agro Exports Limited Public Issue & Market Profile
Freshara Agro Exports Limited is bringing an initial public offering (IPO) in the Agriculture & Food Processing sector with an aggregate issue size of ₹75.39 Crores. The shares are offered at a price band of ₹110 to ₹116 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,39,200 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-24, while un-allotted funds or UPI block mandates will be released on 2024-10-23.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.