SME IPO: FRESHARA TO GARNER Rs. 75 cr.
Freshara Agro Exports IPO OPENS ON 17TH October Posted by Shivam Rathod Mumbai: Freshara Agro Exports Limited specializes in export of processed gherkins and pickled vegetables, proposes to open its Initial Public Offering on October 17, 2024, aiming to raise ₹ 75.39 Crore, with shares to be listed on the NSE Emerge platform. The issue size is Up To 64,99,200 equity shares at a face value of ₹ 10 each with a price band of ₹ 110 - ₹ 116 Per Share. The net proceeds from the IPO will be utilized for working capital requirements, capital expenditure, general corporate expenses and issue expenses. The anchor portion will open on October 16, 2024. The issue will open for public on October 17, 2024 and the issue will close on October 21, 2024. The Book Running Lead Manager to the Issue is GYR Capital Advisors Private Limited, The Registrar to the Issue is Purva Sharegistry (India) Private Limited. Mr. Junaid Ahmed, Chairman & Managing Director, of Freshara Agro Exports Li...