HMA Agro Industries Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹555 - ₹585
- Lot size
- 25 shares
- Issue amount
- ₹480 cr
- Total subscription
- 1.62×
- Opens
- 20 Jun 2023
- Closes
- 23 Jun 2023
- Allotment
- 28 Jun 2023
- Listing
- 4 Jul 2023
Offer at a glance
Issue overview
- Issue size
- 82,05,127 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,875
- Fresh issue
- ₹150 cr
- Offer for sale
- ₹330 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,625
- Issue type
- Book Built Issue IPO
- Shares before issue
- 0
- Shares after issue
- 5,00,76,977
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 25 | ₹14,625 |
| sHNI | 14 | 350 | ₹2,04,750 |
| bHNI | 69 | 1,725 | ₹10,09,125 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 96 | 176.38 |
| RETAIL | 168 | 170.79 |
| NIB | 72 | 225.67 |
| HNIs 2+ | 24 | 32.56 |
| HNIs 10+ | 48 | 193.11 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 18.83 |
| ROE | 0 |
| ROCE | 0.33 |
| RONW | 28.78 |
| PRE IPO(PE) | 19.4 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Wajid Ahmed
Mr. Gulzar Ahmad
Mr. Mohammad Mehmood Qureshi
Mr. Mohammad Ashraf Qureshi
Mr. Zulfiqar Ahmad Qurashi
Registrar & documents
Lead manager
Aryaman Financial Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
18A/5/3, Tajview Crossing Fatehabad Road, Agra -282001
+91 – 7217018161
[email protected]Company website ↗Understanding HMAAGRO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.