Freshara Agro Exports IPO

About the company

## **About  Freshara Agro Exports IPO** Established in 2015, Freshara Agro Exports Limited stands at the forefront of the agro-export industry in India, specializing in the procurement, processing, and exporting of preserved gherkins and a variety of pickled commodities. With a commitment to sustainable agricultural practices, the company sources its raw materials directly from accredited farms. By establishing buy-back agreements with local farmers, Freshara provides essential sowing materials, ensuring that small and marginal farmers are supported and empowered. This approach not only promotes sustainable farming methodologies but also strengthens local agricultural communities. The company’s processing facility, located in Tamil Nadu, adheres to stringent quality and preservation protocols, ensuring that every product meets international standards. Freshara takes pride in its meticulous processing techniques, which include packing gherkins and other pickled vegetables in food-grade drums, glass jars, and metal tins. With a dedicated in-house laboratory, Freshara conducts rigorous product testing to guarantee the highest quality for its global clientele. This attention to detail has enabled the company to export its products to diverse markets across Europe, the USA, Australia, and Russia, where gherkins are enjoyed as a delicacy. Freshara Agro Exports has garnered numerous certifications from prestigious organizations, including the Food Safety and Standards Authority of India (FSSAI) and the United States Food & Drug Administration (FDA). These accolades ensure that the company’s products not only meet but exceed industry standards, facilitating exports to countries around the globe. Recognized as a 100% Export House by the Government of India’s Ministry of Commerce & Industry, Freshara exemplifies excellence in the agro-export sector, backed by its dedication to quality and compliance with international food safety standards. Over the past nine years, Freshara has embraced innovation while honoring traditional pickling techniques. The company continually expands its product offerings to meet evolving consumer preferences, from classic pickled cucumbers and carrots to unique blends featuring exotic vegetables. By forging strategic partnerships with local farmers through a contract farming model, Freshara ensures a consistent supply of high-quality produce while fostering fair and transparent relationships. The recognition received through prestigious awards, including the MSME of the Year for two consecutive years, reflects Freshara's unwavering commitment to excellence, sustainability, and innovation in the agro-export industry. Freshara Agro Exports Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives 1. To meet out the Capital Expenditure. 1. Funding the working capital requirements of the company. 1. To meet out the General Corporate Purposes.  1. To meet out the Issue Expenses.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   17 Oct 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   21 Oct 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   19 Oct 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   23 Oct 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   22 Oct 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   24 Oct 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.