Freshara Agro Exports Limited IPO

Freshara Agro Exports IPO offers 64,99,200 shares worth INR 75.31 crores to meet capital expenditure, working capital needs, and general corporate purposes.

Important Details

Open Date : October 17, 2024 Close Date : October 21, 2024 Allotment Date: October 22, 2024 Listing Date: October 24, 2024

Important Details

IPO Price: INR 110-116 per share Lot Size: 1200 Shares Total Issue Size: INR 75.39 crores

Fundamental Analysis

Freshara Agro IPO  shows mixed performance: 1. Strong growth in revenue, profitability, and equity. 2. Attractive investment option. 3. High debt-equity ratio is a concern. 4. Assess risk tolerance regarding leverage.

Peer Comparison

1. Freshara Agro Exports Limited lacks a directly comparable listed company in terms of its business model, size, and financials.

Objective

Freshara Agro IPO  Objective: 1. ₹8.79cr for capital expenditure on machinery & ₹56cr for working capital. 2. Remaining funds for general corporate purposes, including operating expenses & business development.

Risks And Challenges

Freshara Agro IPO Risks: 1. Freshara Agro revenue is 85% from gherkins, exposing it to demand & supply chain risks. 2. High debt-to-equity ratio & rising interest rates may affect profitability. 3. Labor issues could impact operations and cash flow.