
Agriculture & 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹116
Band: ₹110 – ₹116
Estimated Listing Price
₹166
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,39,200
Estimated Profit / Lot
₹60,000
1200 × ₹50
Grey Market Premium trend
+₹50
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹50 | 43.1% | ₹166 |
| 30 Oct 2026 | +₹50 | 43.1% | ₹166 |
| 29 Oct 2026 | +₹45 | 38.8% | ₹161 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Freshara Agro Exports Limited IPO is ₹50, which indicates an expected listing price of ₹166.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.