HMA Agro Industries Limited, Established in 2008, serves as a prominent player in the food and agro product trade sector in India. The company specializes in handling frozen fresh deglanded buffalo meat, as well as prepared/frozen natural products, vegetables, and cereals.
HMA Agro Industries stands out as a leading exporter of frozen buffalo meat products from India, contributing to over 10% of the nation’s total frozen buffalo meat exports. The company’s renowned products, branded as “Black Gold,” “Kamil,” and “HMA,” find their way to more than 40 countries worldwide.
The company operates four fully integrated packaged meat processing plants situated in Aligarh, Mohali, Agra, and Parbhani. Additionally, it’s in the process of establishing a fifth fully integrated meat product processing unit in Haryana. Plans also involve acquiring an additional plant in Unnao by Q2 of FY 2022-23. This expansion will bolster the in-house meat product processing capacity to over 400,000 metric tons annually across six owned plants by Q2 of FY 2022-23.
HMA Agro Industries additionally possesses two secondary-level meat processing units in Jaipur and Manesar.
The company’s facilities are certified for export to numerous countries, including UAE, Iraq, Saudi Arabia, Oman, and more across the Middle East, CIS, and Africa. Notably, around 90% of the company’s sales are in the form of exports.
As part of the HMA GROUP, the company employs a workforce of approximately 25,000 individuals and operates across more than 10 workplaces and 5 environments in India.
Stock Quote #
- Open: ₹629.30
- High – Low: ₹629.30 – ₹615.00
- Previous Close: ₹621.45
- Total Traded Value: 46,169
- 52 Weeks High: ₹667.00 (Jul 04, 2023)
- 52 Weeks Low: ₹565.00 (Jul 13, 2023)
- Updated On: Aug 11, 2023 4:00 PM
IPO Details #
It is a Book Built Issue. The IPO total issue size is Rs 480.00 Cr. The HMA Agro Industries IPO price is ₹555 to ₹585 per share. The IPO will list on BSE, NSE.
IPO Date | Jun 20, 2023 to Jun 23, 2023 |
Listing Date | Jul 4, 2023 |
Face Value | ₹10 per share |
Price | ₹555 to ₹585 per share |
Lot Size | 25 Shares |
Total Issue Size | 8,205,127 shares (aggregating up to ₹480.00 Cr) |
Fresh Issue | 2,564,102 shares (aggregating up to ₹150.00 Cr) |
Offer for Sale | 5,641,025 shares of ₹10 (aggregating up to ₹330.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 47,512,875 |
Share holding post issue | 50,076,977 |
IPO Reservation #
A total of 8,515,591 shares are offered. QIB: 1,729,729 (20.31%), RII: 3,027,027 (35.55%), NII: 1,297,298 (15.23%).
Anchor Investor Shares Offered | 2,461,537 (28.91%) |
QIB Shares Offered | 1,729,729 (20.31%) |
NII (HNI) Shares Offered | 1,297,298 (15.23%) |
Retail Shares Offered | 3,027,027 (35.55%) |
Total Shares Offered | 8,515,591 (100%) |
IPO Anchor Investors Details #
It raises Rs 144.00 crore from anchor investors. HMA Agro Industries IPO Anchor bid date is Jun 19, 2023. HMA Agro Industries IPO Anchor Investors list
Bid Date | Jun 19, 2023 |
Shares Offered | 2,461,537 |
Anchor Portion Size (In Cr.) | 144.00 |
Anchor lock-in period end date for 50% shares (30 Days) | Aug 10, 2023 |
Anchor lock-in period end date for remaining shares (90 Days) | Nov 8, 2023 |
IPO Timetable (Tentative) #
HMA Agro Industries IPO opens on Jun 20, 2023, and closes on Jun 23, 2023.
IPO Open Date | Tuesday, 20 June 2023 |
IPO Close Date | Friday, 23 June 2023 |
Basis of Allotment | Thursday, 29 June 2023 |
Initiation of Refunds | Friday, 30 June 2023 |
Credit of Shares to Demat | Monday, 3 July 2023 |
Listing Date | Tuesday, 4 July 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Jun 23, 2023 |
HMA Agro Industries IPO Lot Size #
The minimum lot size of this HMA Agro Industries IPO is 25 shares required is ₹14,625.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 25 | ₹14,625 |
Retail (Max) | 13 | 325 | ₹190,125 |
S-HNI (Min) | 14 | 350 | ₹204,750 |
S-HNI (Max) | 68 | 1,700 | ₹994,500 |
B-HNI (Min) | 69 | 1,725 | ₹1,009,125 |
Lot Size Calculator |
HMA Agro Industries IPO Promoter Holding #
The Promoters of the company are Mr. Wajid Ahmed, Mr. Gulzar Ahmad, Mr. Mohammad Mehmood Qureshi, Mr. Mohammad Ashraf Qureshi, and Mr. Zulfiqar Ahmad Qurashi.
Pre Issue Share Holding | 100.00% |
Post Issue Share Holding |
Company Financials #
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-19 | 549.27 | 2,784.03 | 31.17 | 141.45 | 137.73 | 131.98 |
31-Mar-20 | 472.85 | 2,416.61 | 45.90 | 187.05 | 183.32 | 169.13 |
31-Mar-21 | 572.04 | 1,720.40 | 71.60 | 258.69 | 254.92 | 181.34 |
31-Mar-22 | 856.11 | 3,138.98 | 117.62 | 374.65 | 327.03 | 330.02 |
Amount in ₹ Crore |
Key Performance Indicator #
HMA Agro Industries IPO Market Cap is Rs 2929.5 Cr and P/E (x) is 19.4.
KPI | Values |
---|---|
P/E (x) | 19.4 |
Market Cap (₹ Cr.) | 2929.5 |
ROCE | 0.33 |
Debt/Equity | 0.75 |
EPS (Rs) | 18.83 |
RoNW | 28.78% |
Objects of the Issue #
The objects of the net fresh issue is to raise funds for:
- Working capital requirements of the company, and
- General corporate purpose.
HMA Agro Industries IPO Subscription Status (Bidding Detail) #
The HMA Agro Industries IPO is subscribed 1.62 times on Jun 23, 2023 7:02:00 PM. The public issue subscribed 0.96 times in the retail category, 1.74 times in the QIB category, and 2.97 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 1.74 |
NII | 2.97 |
bNII (bids above ₹10L) | 3.82 |
sNII (bids below ₹10L) | 1.29 |
Retail | 0.96 |
Total | 1.62 |
Total Application : 64,252 (0.53 times)
HMA Agro Industries IPO Prospectus #
HMA Agro Industries IPO Listing Details #
Listing Date | Jul 4, 2023 |
BSE Script Code | 543929 |
NSE Symbol | HMAAGRO |
ISIN | INE0ECP01016 |
Final Issue Price | ₹585 per share |
Listing Day Trading Information #
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE |
---|
₹585.00 |
₹615.00 |
₹570.00 |
₹670.45 |
₹584.75 |
NSE |
---|
₹585.00 |
₹625.00 |
₹570.00 |
₹667.00 |
₹585.65 |
Company Contact Information #
18A/5/3,
Tajview Crossing Fatehabad Road,
Agra -282001
Phone: +91 – 7217018161
Email: cs@hmaagro.com
Website: https://www.hmagroup.co/
HMA Agro Industries IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
HMA Agro Industries IPO Lead Manager(s) #
FAQs #
What is the price range for HMA Agro Industries IPO shares? #
The HMA Agro Industries IPO price range is ₹555 to ₹585 per share.
When is the IPO open and closing dates for HMA Agro Industries? #
The IPO is open from June 20, 2023, to June 23, 2023.
How many shares are being offered in the HMA Agro Industries IPO? #
The IPO offers a total of 8,515,591 equity shares.
What is the subscription status of HMA Agro Industries IPO? #
The IPO offers 3,027,027 shares to retail investors and 1,729,729 shares to qualified institutional buyers.
When are the Equity Shares proposed to be listed for HMA Agro Industries IPO? #
The Equity Shares are proposed to be listed on the main board of the stock exchange.
How can I calculate the exact number of shares to apply for a given amount in HMA Agro Industries IPO? #
You can use the HNI Funding Cost Calculator to calculate the exact number of shares for a given investment amount.
Can retail investors participate in HMA Agro Industries IPO? #
Yes, retail investors can participate in the HMA Agro Industries IPO.
What is the date of filing the Prospectus for HMA Agro Industries IPO? #
The Prospectus for HMA Agro Industries IPO is dated June 26, 2023.
What is the target stock exchange for the listing of HMA Agro Industries IPO? #
The IPO will list on the BSE and NSE.
Please note that the above information is based on the data available and may be subject to change.