IPO

HMA Agro Industries Limited IPO

Mainboard

Meat Products including Poultry

Listed On: Jul 4, 2023 at ₹ 625.0(NSE)

₹ 14625 /25 Shares

Check Allotment

Price Summary

Last Closing

50.00 (-91.45%)

52 Week High

84.05

52 Week Low

48.00

Last Update

19-Sep-2024 3:30 PM

HMA Agro Industries Limited IPO Details

20 Jun, 2023

Open Date

23 Jun, 2023

Close Date

29 Jun, 2023

Allotment Date

04 Jul, 2023

Listing Date

Issue Price

₹555-585 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

625.0(NSE)

Listing Date

2023-07-04

Market Lot

Retail : 25 Shares (₹14,625/-)
sHNI : 350 Shares (₹2,04,750/-)
bHNI : 1,725 Shares (₹10,09,125/-)

Lead Manager

Aryaman Financial Services Limited

Issue Size

Approx 480 Cr

Retail Portion

35% (Number of Retail Applications : 1,14,870 Approx),
(Number of sHNI Applications : 1,170 Approx),
(Number of bHNI Applications : 2,340 Approx)

Subscription

1.62 times

IPO Docs

DRHP RHP

HMA Agro Industries Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved1,729,7291,297,298
864,865    432,433
3,027,0276,054,054
Day 1 - 20-06-23 05:00 PM0.37 x0.55
0.78 x   0.07 x
0.20 x0.32 x
Day 2 - 21-06-23 05:00 PM0.37 x1.20
1.70 x   0.18 x
0.38 x0.55 x
Day 3 - 22-06-23 05:00 PM1.04 x1.92
2.72 x   0.33 x
0.54 x0.98 x
Day 4 - 23-06-23 05:00 PM1.74 x2.97
3.82 x   1.29 x
0.96 x1.62 x
Total No. of Applications: 64,252 (Approx)

HMA Agro Industries Limited Valuations

Earnings Per Share (EPS)

₹23.49/-

P/E Ratio

24.91

RoNW

30.93%

Net Asset Value (NAV) - As on 31.12.22

₹95.33

HMA Agro Industries Limited Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets572.03472.85549.27
Revenue1,720.402,416.612,784.03
Profit After Tax72.6145.9031.17

About The 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.

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HMA Agro Industries Limited - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 83.61%


Company Promoter(s)

  1. WAJID AHMED
  2. GULZAR AHMAD
  3. MOHAMMAD MEHMOOD QURESHI
  4. MOHAMMAD ASHRAF QURESHI
  5. ZULFIQAR AHMAD QURASHI

HMA Agro Industries Limited IPO - Issue Objectives

  1. Working capital requirements of the company
  2. General corporate purpose

HMA Agro Industries Limited IPO - Anchor Investors

HMA Agro Industries raises Rs 144 crore via anchor book ahead of IPO.

Investors, who participated in the anchor book, included Craft Emerging Market Fund PCC, Minerva Ventures Fund, Forbes EMF, Coeus Capital Opportunities Fund, Radiant Global Fund and Absolute Returns Scheme.

Craft Emerging Market Fund PCC is the biggest investor among them, investing Rs 70 crore in HMA Agro via Citadel Capital Fund, and Elite Capital Fund.

HMA Agro Industries Limited IPO - FAQs

Ans. HMA Agro Industries Limited IPO is a Mainboard IPO. The issue is priced at ₹555-585 per equity share. The minimum order quantity is 25 Shares. The IPO opens on Jun 20, 2023, and closes on Jun 23, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The HMA Agro Industries Limited IPO opens on Jun 20, 2023 and closes on Jun 23, 2023.

Ans. The size of HMA Agro Industries Limited IPO is Approx 480 Cr.

Ans. The IPO price band is set between ₹555-585 per equity share.

Ans. To apply for HMA Agro Industries Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find HMA Agro Industries Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of HMA Agro Industries Limited IPO is Jun 29, 2023.

Ans. The HMA Agro Industries Limited IPO will be listed on Jul 4, 2023.

Ans. Follow the steps to check the allotment status for HMA Agro Industries Limited IPO here.