HMA Agro Industries Limited IPO

HMA IPO

HMA Agro Industries Limited Incorporated in 2008, is a food trade organization 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.

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 also owns two additional secondary level meat processing units at Jaipur and Manesar. Company has a total strength of around 25000 employees and works in excess of 10 workplaces and 5 working environments in India.

HMA Agro Industries Limited IPO Timetable

ParticularDate
IPO Open Date20 Jun 2023
IPO Close Date23 Jun 2023
Allotment Date29 Jun 2023
IPO Listing Date04 July 2023

HMA Agro Industries Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 10 Per Equity Share
IPO PriceRs. 555 to Rs. 585 Per Equity Share
Market Lot25 Share
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 480 Crore.

HMA Agro Industries Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum125Rs. 14625
Maximum13325Rs. 190125
Small HNI (Minimum)14350Rs. 204750
Big HNI (Minimum)691725Rs. 1009125

HMA Agro Industries Limited IPO Details Allotment Status

Click Here To Check IPO Allotment Status HMA Agro Industries Limited IPO

Click Here To Get ASBA Forms HMA Agro Industries Limited IPO

Company Financials:

Particular31 March 202231 March 202131 March 2020
Total Assets856.11572.04472.85
Total Revenue3138.981720.402416.61
Profit After Tax117.6571.6045.90
for accurate figures follow the company financials.

Company Promoters:

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.

Purpose of the Issue

  • Working capital requirements of the company, and
  • General corporate purpose.

Registrar & Company Details

Company Contact InformationIPO Registrar
HMA Agro Industries Limited

18A/5/3,
Tajview Crossing Fatehabad Road,
Agra -282001
Phone: +91 – 7217018161
Email: cs@hmaagro.com
Website: https://www.hmagroup.co
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Phone: +91-22-6263 8200
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