Freshara Agro Exports SME IPO Objective
The Company proposes to utilize the funds which are being raised towards funding the following objects:
👉To meet the Capital Expenditure;
👉Funding the working capital requirements of the company;
👉To meet the General Corporate Purposes;
and
👉To meet the Issue Expenses.
Freshara Agro Exports Company Research Report
Freshara Agro Products is engaged in the business of procurement, processing, and exporting preserved Gherkins and other pickled commodities to different countries around the world.
The company sources products from accredited farms and farmers, process the procured Gherkins and other pickled vegetables within our processing facility located at Tirupattur District, Tamil Nadu and then exported to various countries.
The company exports its products to 30+ countries across the world, including USA, UK, Australia, Russia, Europe, Middle East, etc.
Hyundai Allotment Out even before closing of its IPO
Its Full and Firm to Retail and HNIs
Fastest Allotment in the History of IPOs
Waree Energies sets IPO price band at Rs 1,427-1,503, 45% discount to unlisted price *OPPS*
Читать полностью…IPO Lock In Open in Oct
14th Oct: Avalon Tech : 1.3 Cr Sh
14th Oct: Kross Ltd : 30 Lk Sh
14th Oct: Tolins Tyres: 20 Lk Sh
14th Oct: PN Gadgil: 30 Cr Sh
14th Oct: Bajaj Housing: 12.6 Cr Sh
21st Oct: Western Carriers: 40 Lk Sh
21st Oct: Northern Arc: 40 Lk Sh
21st Oct: Arkade Developers: 50 Lk Sh
22nd Oct: Sanstar Ltd: 80 Lk Sh
28th Oct: Manba Finance: 20 Lk Sh
30th Oct: JNK India: 2.9 Cr Sh
31st Oct: Akum Drugs: 60 Lk Sh
31st Oct: KRN Drugs: 20Lk Sh
Later they apologize for that but at this kind of big corporate doing such kind of things is not good deal
Читать полностью…GARUDA CONSTRUCTION DAY 3 (FINAL DAY) ; IPO SUBSCRIBED 7.55 TIMES
QIB ; 1.24 TIMES
NON RETAIL ; 9.03 TIMES
RETAIL ; 10.80 TIMES
#Hyundai IPO Dates 15-17 Oct
Largest Ever IPO of 25,000 Cr
India Biggest IPOs
1) Hyundai: 25,000 Cr
2) LIC: 21,000 Cr
3) Paytm: 18,300 Cr
4) Coal India: 15,199 Cr
5) GIC India: 11,257 Cr
6) SBI Cards: 10,341 Cr
7) Reliance Power: 10,123 Cr
8) New India: 9,586 Cr
9) Zomato: 9,375 Cr
10) DLF: 9,188 Cr
11) HDFC Life: 8,695 Cr
12) SBI Life: 8,389 Cr
Returns Since Listing (CAGR)
1) Hyundai: NA
2) LIC: 7.92%
3) Paytm: -28.96%
4) Coal India: +2.62%
5) GIC India: -1.62%
6) SBI Cards: -8.16%
7) Reliance Power: -9.81%
8) New India: -6.60%
9) Zomato: +30.50%
10) DLF: +2.29%
11) HDFC Life: +10.91%
12) SBI Life: +13.87%
Garuda Construction and Engineering Limited strength
Exclusive and focused business approach. Established and proven track record.
Strong project management capacity and execution capabilities.
Strong financial performance and healthy balance sheet.
Visible growth through increasing order book.
Garuda Construction and Engineering Ltd Company Research Report
Garuda Construction and Engineering Limited was founded in 2010 and is a construction company.
Garuda Construction and Engineering Ltd. is an end-to-end civil construction services provider for residential, commercial, residential cum commercial, infrastructure, and industrial projects, along with additional services for infrastructure and hospitality projects. They also undertake construction of concrete building structures and composite steel structures required for civil construction and also provide O&M, MEP services, and finishing works. Concrete building structures and composite steel structures are procured from underlying subcontractors based on specified designs, which may be mandated by overlying developers or by their own engineering teams.
Currently, civil construction is being carried out for six (6) residential projects, two (2) commercial projects, one (1) industrial project, and one (1) infrastructure project. As of the date of filing they have an order book aggregating to INR 1,40,82.74mn.
Garuda will now start directly venturing into contracts with unrelated third parties and are looking to enter into the larger role of a developer. Garuda currently has 12 ongoing projects of which 9 of them are in the MMR region. Investment Rationale
HYUNDAI IPO
Hyundai Motor India IPO To Open Oct 14 For Insti Investors, Oct 15-14 For Others
IPO price Range Likely To Be ₹1,865-₹1,960/sh
Hyundai Motor India IPO To Value Co At Up To $19 Βη
Freshara Agro Exports SME IPO Strengths
☀️Good relationship with farmers and other vendor for easy availability of raw material
☀️Robust and efficient supply chain management
☀️Stringent quality assurance and quality control mechanism
☀️Advanced in-house processing facilities
☀️Comprehensive product portfolio to serve customers across the world
☀️Demonstrated financial performance track record and scalable business model
Main Board IPO Alert
Godawari Biorefineries Limited
Date : 23-25 October
Issue Size :
Fresh - 325 Cr
OFS - 65,26,983 Shares
Further details awaited
Hyundai Motor IPO
Approx break up applications :
17-10-2024 @ 5.00pm
As per NSE average
HNI above 10L ~11,963(0.18x)
HNI 2-10L ~34,390(0.26x)
Total - ~21,49,714
Hyundai India IPO Update
Total Subscription At 207%, QIBs: 617%, NIIs: 41% & Retail: 45% Till 1:51 pm On Day 3
📢 No More Wait, New Mainboard IPO Confirmed 🔔
⚡ Waaree Energies IPO ⚡
Date : 21 Oct - 23 Oct 2024
Face Value: *₹10*
Fresh Issue: *₹3600 Crore*
OFS: *48,00,000 Shares*
Retail: *35%*
👇 Current Mainboard IPO👇
Date - 09-10-2024
1. Garuda Construction & Engg
Issue date - 08-10 Oct
Issue size - Rs. 264.10 cr
Price band - Rs.92 to 95
Lot size - 157
GMP 0%
2.Hyndai Motor
Issue date - 15-17 Oct
Issue size - Rs. 27,870.16 cr
Price band - Rs.1865 - 1960
Lot size - 7
GMP 6%
👇👇 Current SME IPOs 👇👇
1.Shiv Texchem
Issue date - 08 - 10 Oct
Issue size - Rs. 101.35 cr
Price band - Rs.158 -166
Lot size - 800
GMP 18%
Please note GMP has been taken from the internet and is only for educational purposes.
The GMP is subject to change in the future. Please consult your financial advisor before applying in the IPO.
👇 Upcoming Mainboard IPO👇
Date - 08-10-2024
1. Garuda Construction & Engg
Issue date - 08-10 Oct
Issue size - Rs. 264.10 cr
Price band - Rs.92 to 95
Lot size - 157
GMP 4%
👇👇 Current SME IPOs 👇👇
1. Khyati Global Ventures
Issue date - 30 Sep to 04 Oct
Issue size - Rs. 18.30 cr
Price band - Rs.99
Lot size - 1200
GMP Not Available
2.Shiv Texchem
Issue date - 08 - 10 Oct
Issue size - Rs. 101.35 cr
Price band - Rs.158 -166
Lot size - 800
GMP 18%
Please note GMP has been taken from the internet and is only for educational purposes.
The GMP is subject to change in the future. Please consult your financial advisor before applying in the IPO.
Company Outlook
Strong order book and project diversification are key strengths of the business.
The PE ratio is in line with industry peers, but the return on net worth is superior.
FY23 saw strong growth in revenue and profit, while FY24 was sluggish due to the election year.
The business faces some risks due to its cyclical nature.
Investors with a higher risk appetite can consider applying to the IPO for long-term growth potential.
👇 Upcoming Mainboard IPO👇
Date - 07-10-2024
1. Garuda Construction & Engg
Issue date - 08-10 Oct
Issue size - Rs. 264.10 cr
Price band - Rs.92 to 95
Lot size - 157
GMP 9%
👇👇 Current SME IPOs 👇👇
1.Khyati Global Ventures
Issue date - 30 Sep to 04 Oct
Issue size - Rs. 18.30 cr
Price band - Rs.99
Lot size - 1200
GMP Not Available
Please note GMP has been taken from the internet and is only for educational purposes.
The GMP is subject to change in the future. Please consult your financial advisor before applying in the IPO.
Waaree Energies Limited IPO
IPO Dates : Dates Expected Soon
Face Value : ₹10
Retail Portion : 35%
Issue size : Approx 4000 Crores
More Details Coming Soon