IPO Details

About Company

Freshara Agro Exports Limited, formerly known as Freshara Picklz Exports, was founded in 2015 and specializes in procuring, processing, and exporting preserved gherkins and other pickled products from India to international markets. Through its contract farming program, the company sources raw produce from farmers in Tamil Nadu, Karnataka, and parts of Andhra Pradesh. Of the total produce, 70% is "not ready-to-eat" and is supplied to factories for further processing, while the remaining 30% is sent to food brokers and traders worldwide. The company’s product range includes gherkins, baby corn, jalapenos, and other pickled vegetables. As of March 31, 2024, the company exports pickled vegetables in three packaging categories: 1) Industrial packaging in food-grade drums and pails, 2) Food packaging in plastic buckets and tin cans, and 3) Retail packaging in glass jars and tin cans. Freshara Agro Exports holds several key accreditations, including those from the Food Safety and Standards Authority of India (FSSAI), the U.S. Food & Drug Administration (FDA), Star-K Kosher, Agricultural and Processed Food Products Export Development Authority (APEDA), International Featured Standards (IFS), and the Brand Reputation through Compliance Global Standard (BRCGS). Competitive strengths: - Strong relationships with contract farmers and suppliers ensure raw material availability even in the off-season. - An efficient supply chain enables long-term, intensive customer relationships. - Rigorous quality control has earned the company numerous awards and certifications. - Advanced in-house processing facilities, focused on cost efficiency. - A broad product portfolio allows the company to serve customers globally. - Proven financial performance and a scalable business model. - A highly experienced promoter and management team. As of September 30, 2024, the company employed 135 people.