Freshara Agro Exports Limited IPO has a ₹50 Grey Market Premium as of October 16, 2024, with a price range from ₹110 to ₹116 per share. Offering lots of 1200 shares, the subscription window is open from October 17 to October 21, 2024.
Freshara Agro Exports Limited IPO GMP Today
The Grey Market Premium (GMP) for Freshara Agro Exports Limited is ₹50 as of October 16, 2024. This assessment coincides with a price from ₹110 to ₹116 per share for the IPO.
Freshara Agro Exports Limited IPO Review
Freshara Agro Exports Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹12,599.45 lakhs in FY2023 to ₹19,378.65 lakhs in FY2024, while profit after tax increased from ₹908.20 lakhs in FY2023 to ₹2,182.41 lakhs in FY2024, reflecting the company’s effective business expansion.
The company’s equity strengthened from ₹1,855.49 lakhs in FY2023 to ₹2,696.77 lakhs in FY2024, boosting shareholder returns as the Diluted EPS for FY2024 is ₹12.83 With a healthy balance sheet, NAV per share increased from ₹10.91 in FY2023 to ₹15.86 in FY2024, Freshara Agro Exports showcased strong liquidity and reduced reliance on debt.
To get a full IPO review, click here Freshara Agro Exports IPO
Freshara Agro Exports Limited IPO Date
Freshara Agro Exports Limited will start accepting subscriptions from October 17 to October 21, 2024.
Freshara Agro Exports Limited IPO Price
Freshara Agro Exports Limited’s price range is from ₹110 to ₹116 per share with a face value of ₹10 each.
Freshara Agro Exports Limited
Freshara Agro, a 100% Export House recognized by India’s Ministry of Commerce, procures, processes, and exports preserved gherkins and pickled vegetables from its Tamil Nadu facility. Around 70% of its products, “not ready to eat,” are supplied directly to factories for reprocessing, while 30% are sold to food brokers and traders internationally, with minimal distributor involvement.
How To Apply For Freshara Agro Exports Limited IPO?
To apply for the Freshara Agro Exports Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Freshara Agro Exports Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Freshara Agro Exports Limited IPO at Alice Blue in just a few clicks!