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HMA Agro Industries Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹585
Per Share
GMP
NIL
Grey Market
Est. Listing
₹585
Expected Price
Min. Application
₹29,250
2 lots × 25 shares
IPO Issue Details
Issue Price / Price Band₹585 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size25 Shares per Lot
Total Issue Size82,05,127 shares (aggregating up to ₹480.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 20 Jun 2023
Subscription CloseFri, 23 Jun 2023
Anchor AllotmentMon, 19 Jun 2023
Basis of AllotmentThu, 29 Jun 2023
Initiation of RefundsFri, 30 Jun 2023
Credit of Shares to DematMon, 03 Jul 2023
Listing DateTue, 04 Jul 2023
UPI Mandate Deadline2023-06-23
Application & Investment Details
Retail — Min (1 Lots)₹14,625 — 25 shares
Retail — Max (13 Lots)₹190,125 (13 Lots)
HNI — Min (14 Lots)₹2,04,750 — 350 shares
EPS (Pre-IPO)₹18.83
P/E Ratio (Pre-IPO)19.4x
Post-IPO Promoter Holding5,00,76,977 shares
Fresh Issue Shares25,64,102 shares (aggregating up to ₹150.00 Cr)
Offer for Sale Shares56,41,025 shares of ₹10 (aggregating up to ₹330.00 Cr)
About HMA Agro Industries Ltd.

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

Objects of the Issue

HMA Agro Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Funding working capital requirements of the Company
135.00
2
2 General Corporate Purpose
10.90
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding 5,00,76,977 shares
Lock-in Period (30%)July 29, 2023
Lock-in Period (50%)September 27, 2023
Check AllotmentCheck Status →
HMA Agro Industries Ltd. — Live Price LIVE
₹585.00
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Issue ₹585.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹585
GMPNIL
Est. Listing₹585
Lot Size25 shares
Min Amount₹29,250
Listing Date04 Jul 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹585
Listing Date04 Jul 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 8,205,127 100.00% ₹480.00 Cr
* Based on ₹585.00 (upper price band)
Lot Size & Investment Details
Lot Size
25
Shares
Issue Price
₹585.00
Per Share
Min Investment
₹14,625
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 25 ₹14,625
Retail (Max) 13 325 ₹190,125
sNII (Min) 14 350 ₹204,750
bNII (Min) 69 1,725 ₹1,009,125
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31-Mar-1931-Mar-2031-Mar-21
Revenue from Operations 2784.03 2416.61 1720.40
EBITDA N/A N/A N/A
Profit After Tax (PAT) 31.17 45.90 71.60
Net Worth 141.45 187.05 258.69
Total Assets 549.27 472.85 572.04
Reserves & Surplus 137.73 137.73 254.92
Total Borrowings 131.98 169.13 181.34
Key Ratios & Valuation
Issue Price ₹585
Face Value ₹10 Per Share
P/BV N/A
RoE 0.33
RoCE N/A
RoNW 28.78%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 0.75
Company Details
Company
HMA Agro Industries Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
18A/5/3, Tajview Crossing Fatehabad Road, Agra -282001 Agra, Uttar Pradesh
Book Running Lead Managers
Aryaman Financial Services Ltd.
Book Running Lead Manager (BRLM)