Freshara Agro Exports IPO Allotment Status

Summary

Freshara Agro Exports IPO has received an exceptional response from investors, closing with a remarkable subscription of 236.80 times by 21st October 2024 at 5:27:59 PM (Day 3). The public issue witnessed overwhelming demand across all investor categories. The Non-Institutional Investors (NII) category led the charge with an extraordinary subscription of 510.61 times.

The Retail Investors segment also showed tremendous interest, subscribing 180.80 times. The Qualified Institutional Buyers (QIB) portion demonstrated strong engagement, subscribing 129.22 times. The Anchor Investors and Market Maker portions were fully subscribed. This exceptional response across all categories underscores the overwhelmingly positive market sentiment towards Freshara Agro Exports' offering and suggests extremely optimistic investor expectations for the company's future performance.

How to Check Freshara Agro Exports IPO Allotment Status:

How to Check Freshara Agro Exports IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Kfin Technologies Limited (https://www.purvashare.com/investor-service/ipo-query)

Step 2: From the dropdown menu, select Freshara Agro Exports IPO.

Step 3: Choose one of the following modes: PAN ID, Demat Account number, or Application number.

Step 4: Enter the information relevant to the mode you have chosen.

Step 5: For security purposes, fill out the captcha accurately.

Step 6: Click "Submit."

How to Check Freshara Agro Exports IPO Allotment Status on BSE/NSE:

On the websites of the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE), investors who placed a bid for the Freshara Agro Exports IPO can monitor the allotment status:

Step 1: Visit the BSE website (https://www.bseindia.com/investors/appli_check.aspx)

Step 2: Select "Equity" in the Issue Type dropdown.

Step 3: Select "Freshara Agro Exports India Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number and PAN ID

Step 5: Click 'I am not a robot' and then click "Search."

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections.

Offer Required Information: Provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account?

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio."

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Freshara Agro Exports IPO Timeline:

Freshara Agro Exports IPO Subscription Status

Freshara Agro Exports IPO received 236.80 subscriptions. By 21st October 2024 at 5:27:59 PM (Day 3), the public issue had been subscribed 180.80 times in the retail category, 129.22 times in the QIB category, and 510.61 times in the NII category.

Subscription Day 3 (as of 5:27:59 PM)
Total Subscription: 236.80 times
QIB: 129.22 times
NII: 510.61 times
Retail investors: 180.80 times

Subscription Day 2
Total Subscription: 37.60 times
QIB: 7.27 times
NII: 50.80 times
Retail investors: 49.25 times

Subscription Day 1
Total Subscription: 12.31 times
QIB: 3.51 times
NII: 11.23 times
Retail investors: 17.80 times

Freshara Agro Exports IPO Details

Freshara Agro Exports' initial public offering (IPO) is a book built issue amounting to ₹75.39 crores. This offering consists of a fresh issue of 64.99 lakh shares.

The bidding process for the Freshara Agro Exports IPO commenced on 17th October 2024 and is set to conclude on 21st October 2024. The allotment results for this IPO are anticipated to be finalised on 22nd October 2024. Furthermore, the shares of Freshara Agro Exports are set to be listed on the NSE SME, with a provisional listing date scheduled for 24th October 2024.

The Freshara Agro Exports IPO price band has been established between ₹110 and ₹116 per share. Investors must apply for a minimum lot size of 1200 shares, which requires a minimum investment of ₹139,200 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,400 shares), totalling ₹278,400.

GYR Capital Advisors Private Limited serves as the book running lead manager for the Freshara Agro Exports IPO. Purva Sharegistry India Pvt Ltd is designated as the registrar for this offering.