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Freshara Agro Exports Ltd

Registered Office : Old #.3 New #.9 Puram Prakasam,Balaji Nagar Royapettah,Chennai Tamil Nadu 600014 Phone : +91 44 4357 0138
Fax :

Email : cs@fresharaagroexports.com

Website : www.fresharaagroexports.com

Initial public offer of upto 64,99,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Freshara Agro Exports Limited (the "Company" or "Freshara Agro Export" or "FAEL" or "Issuer") at an issue price of Rs. 116 per equity share (including a share premium of Rs. 106 per equity share) for cash, aggregating up to Rs. 75.39 crores ("Public Issue") out of which 6,19,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 116 per equity share for cash, aggregating Rs. 7.18 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 58,80,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 116 per equity share for cash, aggregating up to Rs. 68.21 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27.66 % and 25.02 % respectively of the post-issue paid-up equity share capital of the company. The issue price is 11.6 times of the face value of the equity shares.

Issue

Opens On

Closes On

17-Oct-2024

21-Oct-2024

Money Payable On

Application

Allotment

116.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

72.39

75.39

23.50

116.00

GYR Capital Advisors Pvt Ltd

Projects

Capital Expedniture

Working Capital

General Corporate Purposes

Promoted By

Junaid Ahmed

Iqbalahmed Khudrathullah Moham

Asma Syed

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd