| Freshara Agro Exports Ltd |
|
Registered Office:
Old #.3 New #.9 Puram Prakasam,Balaji Nagar Royapettah
,
Chennai
-
600014
,
Tamil Nadu
, India.
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
 10/- each ("Equity Shares") of Freshara Agro Exports Limited (the "Company" or "Freshara Agro Export" or "FAEL" or "Issuer") at an issue price of 116 per equity share (including a share premium of 106 per equity share) for cash, aggregating up to 75.39 crores ("Public Issue") out of which 6,19,200 equity shares of face value of 10/- each, at an issue price of 116 per equity share for cash, aggregating 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 10/- each, at an issue price of 116 per equity share for cash, aggregating up to 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 |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 17-Oct-24 |
21-Oct-24 |
Rs116.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
72.39 |
| GYR Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
75.39 |
|
| Post Issue Equity Share Capital |
23.50 |
|
| Issue Price |
Rs116.00 |
|
|