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HMA Agro Industries Limited Logo

HMA Agro Industries Limited

Jun 20, 2023 – Jun 23, 2023
Listed Price:
₹625.00
(+6.84%)
Price Band₹555 - ₹585
Lot Size25 Shares
Allotment DateJun 28, 2023
Listing DateJul 04, 2023
Subscription1.62 Times
Issue Size₹480.00 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹42
(7.18%)

Premium (ELP)

HMA Agro Industries Limited's has transitioned to a publicly listed entity following its IPO debut on Jul 04, 2023 at the NSE, BSE exchange. The public offering successfully raised 82,05,127 Shares, consisting of 25,64,102 Sharesin new capital and ₹330.00 Cr in existing shareholder sales.

The IPO featured a competitive price range of ₹555 to ₹585 and minimum application size of 25 shares. Market reception was evidenced through subscription activity between Jun 20, 2023 and Jun 23, 2023, reflecting investor appetite for the offering.

Allotment of shares was completed on Jun 28, 2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

HMA Agro IPO Details
IPO Date
:
Jun 20, 2023 to Jun 23, 2023
Allotment Date
:
Jun 28, 2023
List Date
:
Jul 04, 2023
Lot Size
:
25 share
Issue Price
:
₹555 - ₹585
Issue Size
:
82,05,127 (aggregating up to 480.00 Cr)
Fresh Issue
:
25,64,102 (aggregating up to 150.00 Cr)
Offer For Sale
:
56,41,025 (aggregating up to 330.00 Cr)
Listing At
:
NSE, BSE
Share Holding Pre-Issue
:
-
Share Holding Post-Issue
:
5,00,76,977
Market Marker Portion
:
-
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares82,05,127
QIB
50.00%(41,02,562)
NII (HNI)
15.00%(12,30,770)
RETAIL
35.00%(28,71,795)
Total
100.00%(82,05,127)
HMA Agro IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials ( In Crores)
HMA Agro IPO About Company

HMA Agro Industries Limited, incorporated in 2008, is a leading food trade organization in India specializing in handled food and agro products, including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables, and cereals. The company is one of India’s largest exporters of frozen buffalo meat, contributing over 10% of the country’s total exports in this segment, with products marketed under the brands “Black Gold,” “Kamil,” and “HMA” and exported to more than 40 countries worldwide. HMA Agro operates four fully integrated meat processing plants in Aligarh, Mohali, Agra, and Parbhani, and is in the process of establishing a fifth plant in Haryana and acquiring a sixth in Unnao, expanding its total in-house processing capacity to over 400,000 metric tons per annum. Additionally, the company owns secondary processing units in Jaipur and Manesar, with facilities approved for export to countries across the Middle East, CIS, Africa, and Southeast Asia. Approximately 90% of its sales are exports, and the HMA Group employs around 25,000 people across more than 10 locations in India.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅HMA Agro IPO Strength Factors

NA

⚠️HMA Agro IPO Risk Factors

NA

🏦HMA Agro IPO Lead Manager(s)
Aryaman Financial Services Limited
👤HMA Agro IPO Promoter(s)
  1. Mr. Wajid Ahmed
  2. Mr. Gulzar Ahmad
  3. Mr. Mohammad Mehmood Qureshi
  4. Mr. Mohammad Ashraf Qureshi
  5. Mr. Zulfiqar Ahmad Qurashi
🏢HMA Agro IPO Company Details

HMA Agro Industries Limited

Phone:+91 – 7217018161
address:18A/5/3, Tajview Crossing Fatehabad Road, Agra -282001
📋HMA Agro IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited
Phone:+91-22-6263 8200
❓HMA Agro IPO FAQs
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