
HMA Agro Industries Limited
Mainboard₹14,625 / 25 Shares
HMA Agro Industries Limited IPO Details
The HMA Agro Industries Limited IPO price band is set between ₹555-585 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 20 Jun, 2023 and closes on 23 Jun, 2023. Investors can check the allotment status on 29 Jun, 2023, while the listing date is tentatively scheduled for 4 Jul, 2023.
The total issue size is Approx 480 Cr, aggregating up to . Stay tuned for the latest HMA Agro Industries Limited IPO review and GMP updates.
HMA Agro Industries Limited IPO Review, Rating & Analysis
HMA Agro Industries Limited IPO Review
NO REVIEWHMA Agro Industries Limited IPO Rating
HMA Agro Industries Limited IPO Highlights
IPO Date
Jun 20, 2023 - Jun 23, 2023
Listing Date
4 Jul, 2023
Face Value
₹10 Per Equity Share
Price Band
₹555-585 per equity share
Lot Size
25 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
HMA Agro Industries Limited IPO Lot Size
The minimum market lot for HMA Agro Industries Limited IPO is 25 shares with an application amount of ₹14,625. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹14,625 |
| Retail (Max) | 13 | 325 | ₹1,90,125 |
| S-HNI (Min) | 14 | 350 | ₹2,04,750 |
| S-HNI (Max) | 68 | 1700 | ₹9,94,500 |
| B-HNI (Min) | 69 | 1725 | ₹10,09,125 |
HMA Agro Industries Limited IPO Timeline
Issue Price
₹555-585 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
Aryaman Financial Services LimitedIssue Size
Approx 480 CrHMA Agro Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 572.03 | 1720.40 | 72.61 | - | - | - |
| 31 Mar 20 | 472.85 | 2416.61 | 45.90 | - | - | - |
| 31 Mar 19 | 549.27 | 2784.03 | 31.17 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- WAJID AHMED
- GULZAR AHMAD
- MOHAMMAD MEHMOOD QURESHI
- MOHAMMAD ASHRAF QURESHI
- ZULFIQAR AHMAD QURASHI
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 83.61% |
About Company
HMA Agro Industries Limited is a food trade organisation for handled food and agro products including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables, and cereals in India.
HMA Agro Industries is one of the largest exporters of frozen buffalo meat products from India and accounts for more than 10% of India's total export of frozen buffalo meat. The company's products are packaged under the brand name Black Gold, Kamil & HMA and are exported to over 40 countries all over the globe.
The company has four fully integrated packaged meat processing plants located at Aligarh, Mohali, Agra, and Parbhani and is in the process of setting up a fifth fully integrated owned meat product processing unit in Haryana. The company is also in the process of acquiring an additional plant at Unnao by Q2 of FY 2022-23. These would make the total in-house meat product processing capacities to more than 4,00,000 metric tons p.a. spread over six different owned plants by Q2 of FY 2022-23.
HMA Agro Industries also owns two additional secondary level meat processing units at Jaipur and Manesar.
The facilities are approved for export to UAE, Iraq, Saudi Arabia, Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Combodia, and other Middle East, CIS, and African Countries, etc. Approximately 90% of the sales of the company are in the form of exports.
HMA Agro Industries Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,729,729 | 1,297,298 864,865 432,433 | 3,027,027 | 6,054,054 |
Day 1 -20-06-23 05:00 PM | 0.37 x | 0.55 0.78 x 0.07 x | 0.20 x | 0.32 x |
Day 2 -21-06-23 05:00 PM | 0.37 x | 1.20 1.70 x 0.18 x | 0.38 x | 0.55 x |
Day 3 -22-06-23 05:00 PM | 1.04 x | 1.92 2.72 x 0.33 x | 0.54 x | 0.98 x |
Day 4 -23-06-23 05:00 PM | 1.74 x | 2.97 3.82 x 1.29 x | 0.96 x | 1.62 x |
Frequently Asked Questions about HMA Agro Industries Limited IPO
When will HMA Agro Industries Limited IPO open for subscription?
The HMA Agro Industries Limited IPO opens on 20 Jun, 2023 and closes on 23 Jun, 2023.
What is the investors portion for HMA Agro Industries Limited IPO?
The investors' portion for QIB is 1.74 x, NII is 3.82 x, and Retail is 0.96 x.
How to apply for HMA Agro Industries Limited IPO?
You can apply for HMA Agro Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of HMA Agro Industries Limited IPO?
The issue size of HMA Agro Industries Limited IPO is approx ₹Approx 480 Cr crores.
What is the price band of HMA Agro Industries Limited IPO?
The price band for HMA Agro Industries Limited IPO is ₹555 to ₹585 per equity share.
What is the lot size of HMA Agro Industries Limited IPO?
The minimum bid (lot size) for HMA Agro Industries Limited IPO is N/A shares with an investment of approx ₹14,625 .
What is the allotment date of HMA Agro Industries Limited IPO?
The allotment date for HMA Agro Industries Limited IPO is 29 Jun, 2023.
What is the listing date of HMA Agro Industries Limited IPO?
The listing date for HMA Agro Industries Limited IPO is expected to be 4 Jul, 2023.
What is the GMP of HMA Agro Industries Limited IPO?
The latest Grey Market Premium (GMP) for HMA Agro Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
