Freshara Agro Exports Ltd. has announced public offering of 6499200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 106.00 per share. The gross proceeds of the issue are expected to be Rs 7,539.07 lakhs.
The company's initial public offer (IPO) will open on 17 October 2024 and is expected to close on 21 October 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 110.00-116.00 per share.
The IPO includes a fresh Issue of 6499200 Equity Shares of the Company at an price of Rs 116.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
Freshara Agro Exports Ltd. anticipates using the proceeds of the issue for .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Purva Sharegistry (India) Pvt. Ltd. is the registrar, to the issue.