| Initial public offer of upto 64,99,200 equity shares of face value of
Rs. 10/- each ("Equity Shares") of Freshara Agro Exports Limited (the "Company" or "Freshara Agro Export" or "FAEL" or "Issuer") at an issue price of Rs. 116 per equity share (including a share premium of Rs. 106 per equity share) for cash, aggregating up to Rs. 75.39 crores ("Public Issue") out of which 6,19,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 116 per equity share for cash, aggregating Rs. 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 Rs. 10/- each, at an issue price of Rs. 116 per equity share for cash, aggregating up to Rs. 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.
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