HMA Agro Industries Limited IPO (HMA Agro Industries IPO)

HMA Agro Industries Limited IPO
Upcoming HMA Agro Industries IPO | New HMA Agro Industries IPO

HMA Agro Industries Limited has been in the meat industry since over four decades. The company is the flagship company of the group and is a three star export house recognized by Government of India.

The company is currently among the largest exporters of frozen buffalo meat products from India and HMA Agro Industries account for more than 10% of India’s total export of frozen buffalo meat. Company’s products are mainly packaged under the brand name “Black Gold”, “Kamil” & “HMA” and exported to over 40 countries all over the globe.

HMA Agro Industries own four fully integrated packaged meat processing plants which are located at Aligarh, Mohali, Agra and Parbhani.

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 GROUP has a total strength of around 25000 employees and works in excess of 10 workplaces and 5 working environments in India.

In order to take advantage of the robust export business and well-established distribution channels across 40 countries, The company has recently diversified their product portfolio by adding Frozen Fish Products, Basmati Rice and planning to start Poultry and other agri products as business verticals.

HMA Agro Industries IPO

HMA Agro Industries IPO – Details

IPO Opening Date20 June 2023
IPO Closing Date23 June 2023
Issue TypeBook Built Issue IPO
Issue Size82,05,129 Shares Worth ₹480.00 Crore
Fresh Issue: 25,64,103 Shares Worth ₹150.00 Crore
Offer For Sale: 56,41,026 Shares Worth ₹330.00 Crore
Face Value₹10 per equity share
IPO Price₹555 – ₹585
Market Lot25 Shares
Min Order25 Shares (1 Lot)
Listing AtBSE, NSE
RegisterBigshare Services Private Limited
QIB Shares Offered50%
NII (HNI) Shares Offered15%
Retail Shares Offered35%

HMA Agro Industries IPO – Date Schedule

IPO Open Date20 June 2023
IPO Close Date23 June 2023
Basis of Allotment Date29 June 2023
Initiation of Refunds30 June 2023
Credit of Shares to Demat Account03 July 2023
IPO Listing Date04 July 2023

HMA Agro Industries IPO – Lots Size & Price

ApplicationLotsSharesAmount
Retail (Min)12514,625
Retail (Max)133251,90,125
S-HNI (Min)143502,04,750
B-HNI (Min)69172510,09,125

Competitive Strengths

  • Production Quality and well established Set up.
  • Well Experienced Management Team.
  • Long standing relations with the customer base and well-established marketing set up.
  • One of the well established Brands.
  • Well Diversified Market Reach.

Company Promoters

  • Wajid Ahmed
  • Gulzar Ahmad
  • Mohammad MehmoodQureshi
  • Mohammad Ashraf Qureshi
  • Zulfiqar Ahmad Qurashi

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 20202416.612354.3945.89
31 March 20211720.391622.9471.59
31 March 20223138.972980.39117.62
31 December 20222417.822266.63113.23
Amount in ₹ Crores

Object Of The Issue

  • Funding working capital requirements of the Company.
  • General corporate purposes.
HMA Agro Industries IPO
Object of the Issues

HMA Agro Industries IPO Strengths

  • Production Quality and well-established Set up.
  • Well educated and experienced team.
  • Long standing relations with their customer base and well-established marketing set up.
  • Well established brand.

HMA Agro Industries IPO Risks

  • It derives a significant portion of the revenue from meat business and any reduction in demand or in the production of such products could have an adverse effect.
  • Promoter/Director, HMA Agro Industries Subsidiaries and HMA Agro Industries Group Companies are parties to certain legal proceedings.
  • Failure to obtain, retain and renew certain approvals and licenses in the ordinary course of business in timely manner or comply with such rules and regulations or at all may have an adverse effect.
  • It operates in a highly regulated and environmental and religiously sensitive business.
  • Inability to maintain quality standards is subject to performance.

HMA Agro Industries IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding83.61%

HMA Agro Industries IPO Prospectus

Company Contact Information

HMA Agro Industries Limited

18A/5/3, Tajview Crossing Fatehabad Road,
Agra -282001, Uttar Pradesh, India

Phone: +91 7217018161
Email: cs@hmaagro.com
Websitewww.hmagroup.co

HMA Agro Industries IPO Registrar

Bigshare Services Private Limited

Phone: +91–22–6263 8200
Email: ipo@bigshareonline.com
Websitewww.bigshareonline.com

HMA Agro Industries IPO Lead Manager(s)

1. Aryaman Financial Services Limited

HMA Agro Industries IPO FAQs

HMA Agro Industries IPO FAQs
What is HMA Agro Industries IPO?

HMA Agro Industries IPO is a main-board IPO. The issue is priced at ₹555 to ₹585 per equity share. The IPO is to be listed on BSE & NSE.
When HMA Agro Industries IPO will open?

The IPO is to open on 20 June 2023 for QIB, NII, and Retail Investors.
What is HMA Agro Industries IPO Investors Portion?

The investors’ portion for QIB – 50%NII – 15%, and Retail – 35%.
How to Apply the HMA Agro Industries IPO?

You can apply HMA Agro Industries IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the HMA Agro Industries IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the HMA Agro Industries IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the HMA Agro Industries IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the HMA Agro Industries IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro Industries”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is HMA Agro Industries IPO Size?

HMA Agro Industries IPO size is ₹480.00 Cr.
What is HMA Agro Industries IPO Price Band?

HMA Agro Industries IPO Price Band is ₹555 to ₹585.
What is HMA Agro Industries IPO Minimum and Maximum Lot Size?

The minimum bid is 25 Shares with ₹14,625 amount while the maximum bid is 325 shares with ₹1,90,125.
What is the HMA Agro Industries IPO Allotment Date?

HMA Agro Industries IPO allotment date is 29 June 2023.
What is the HMA Agro Industries IPO Listing Date?

HMA Agro Industries IPO listing date is 04 July 2023. The IPO is to list on BSE and NSE.
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