The HMA Agro IPO date has been confirmed; the IPO will go public on June 20 and will close on June 23, 2023. HMA Agro IPO will generate about 480 crores through an IPO that will include a fresh issue of 150 crores and an offer for sale of up to 330 crores of 10 apiece. The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
HMA Agro Industries Limited is one of India’s largest food commerce organisations, dealing frozen fresh deteriorated buffalo meat, prepared/frozen natural products, vegetables, and grains. They are one of India’s largest suppliers of frozen buffalo meat products, accounting for more than 10% of the country’s total frozen buffalo meat exports. Their packaged goods are marketed under the brand names “Black Gold,” “Kamil,” and “HMA.” The items are shipped to over 40 nations around the world, such as the United Arab Emirates, Iraq, Saudi Arabia,
Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Cambodia, and other Middle Eastern, CIS, and African countries. Aligarh, Mohali, Agra, and Parbhani are the locations of their packaged meat processing activities. In Haryana, they are constructing a 5tj fully integrated owned meat product processing complicated. They also have two secondary-level meat processing plants in Jaipur and Manesar.
Goals of the Problem
- Working capital requirements of the company, and
- General corporate purpose.
HMA Agro IPO Review (Apply or Not)
- To be updated soon
HMA Agro IPO GMP, Date & Price Band Details
| IPO Open: | June 20, 2023 |
| IPO Close: | June 23, 2023 |
| IPO Size: | Approx ₹480 Crores |
| Fresh Issue: | Approx ₹150 Crores |
| Offer for Sale: | Approx ₹330 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹555 to ₹585 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
HMA Agro IPO Market Lot
The HMA Agro IPO minimum market lot is 25 shares with ₹14,625 application amount. The retail investors can apply up-to 13 lots with 325 shares or ₹190,125 amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 25 | ₹14,625 |
| Retail Maximum | 13 | 325 | ₹190,125 |
| S-HNI Minimum | 14 | 350 | ₹204,750 |
| B-HNI Minimum | 68 | 1,725 | ₹1,009,125 |
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
HMA Agro IPO Allotment & Listing Dates
The HMA Agro IPO date is June 20 and the close date is June 23. The HMA Agro IPO allotment will be finalized on June 29 and the IPO listing on July 4.
| Price Band Announcement: | June 8, 2023 |
| Anchor Investors Allotment: | June 19, 2023 |
| IPO Open Date: | June 20, 2023 |
| IPO Close Date: | June 23, 2023 |
| Basis of Allotment: | June 29, 2023 |
| Refunds: | June 30, 2023 |
| Credit to Demat Account: | July 3, 2023 |
| IPO Listing Date: | July 4, 2023 |
HMA Agro IPO Form
How to apply for the HMA Agro IPO? You can apply for HMA Agro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the HMA Agro IPO in the Invest section. The other option is you can apply for HMA Agro IPO via IPO forms downloaded via NSE and BSE. Check out the HMA Agro forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
HMA Agro Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2019 | ₹2784 | ₹2735 | ₹31.17 |
| 2020 | ₹2416 | ₹2354 | ₹45.90 |
| 2021 | ₹1720 | ₹1623 | ₹72.61 |
| 2022 6M | ₹1480 | ₹1395 | ₹63.21 |
HMA Agro IPO Valuation – FY2021
Check HMA Agro IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹15.28 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.96% |
| Net Asset Value (NAV): | ₹54.66 per Equity Share |
Company Promoters
- WAJID AHMED
- GULZAR AHMAD
- MOHAMMAD MEHMOOD QURESHI
- MOHAMMAD ASHRAF QURESHI
- ZULFIQAR AHMAD QURASHI
HMA Agro IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com
Company Address
HMA Agro Industries Limited
18A/5/3,
Tajview Crossing Fatehabad Road,
Agra – 282001
Phone: 7217018161
Email: cs@hmaagro.com
Website: https://www.hmagroup.co
HMA Agro IPO Lead Managers aka Merchant Bankers
- Aryaman Financial Services Limited
HMA Agro IPO FAQs
Q1. What is HMA Agro IPO?
Ans. HMA Agro IPO is a main-board IPO. They are going to raise ₹480 Crores via IPO. The issue is priced at ₹555 to ₹585 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When HMA Agro IPO will open?
Ans. The IPO is to open on June 20, 2023 for QIB, NII, and Retail Investors.
Q3. What is HMA Agro IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the HMA Agro IPO?
Ans. You can apply for HMA Agro 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.
Q5. How to Apply the HMA Agro IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “HMA Agro”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the HMA Agro IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro”. 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.
Q7. How to Apply the HMA Agro IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “HMA Agro”. 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 Paytm Money.
Q8. What is HMA Agro IPO Size?
Ans. HMA Agro IPO size is ₹480 crores.
Q9. What is HMA Agro IPO Price Band?
Ans. HMA Agro IPO Price Band is ₹555 to ₹585.
Q10. What is HMA Agro IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 25 Shares with ₹14,625 amount while the maximum bid is 325 shares with ₹190,125.
Q11. What is the HMA Agro IPO Allotment Date?
Ans. HMA Agro IPO allotment date is June 29, 2023.
Q12. What is the HMA Agro IPO Listing Date?
Ans. HMA Agro IPO listing date is July 4, 2023. The IPO is to list on BSE and NSE.
