HMA Agro Industries Ltd
Price Range
₹555 - ₹585
Min. Quantity
25
Closes on
23 June 2023
Min. investment
₹14,625/325 Shares
HMA Agro Industries Ltd IPO Timeline
HMA Agro Industries Limited was incorporated on April 09, 2008 with the Registrar of Companies, Uttar Pradesh and Uttranchal and granted a Certificate for Commencement of Business on June 25, 2008 by the RoC. The Company is the flagship company of the Group and is a star export house recognized by Government of India.
| Event | Date |
|---|---|
| HMA Agro Industries Ltd IPO Opening Date | 20 June 2023 |
| HMA Agro Industries Ltd IPO Closing Date | 23 June 2023 |
| Basis of Allotment | 29 June 2023 |
| Initiation of Refunds | 30 June 2023 |
| Credit of Shares to Demat | 3 July 2023 |
| HMA Agro Industries Ltd IPO Listing Date | 4 July 2023 |
HMA Agro Industries Ltd IPO Details
| HMA Agro Industries Ltd IPO Date | 20 June 2023 to 23 June 2023 |
| HMA Agro Industries Ltd IPO Face Value | ₹10 per share |
| HMA Agro Industries Ltd IPO Price | ₹555 to ₹585 per share |
| HMA Agro Industries Ltd IPO Lot Size | 25 |
| Issue Size | Shares of ₹10 (aggregating up to ₹480 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹150 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹330 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 17,29,729 of the Net Offer |
| Retail Shares Offered | Not less than 30,27,027 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 12,97,298 of the Net Offer |
| Company Promoters | Wajid Ahmed, Gulzar Ahmad, Mohammad Mehmood Qureshi |
HMA Agro Industries Ltd IPO Lot Size
The HMA Agro Industries Ltd IPO lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹1,90,125).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 25 | ₹14,625 |
| Maximum | 13 | 325 | ₹1,90,125 |
- Strengths
- Risks
- Opportunities
- Production Quality and well established Set up
- Well Experienced Management Team
- Long standing relations with its customer base and well-established marketing set up
- One of the well established Brands
- Well Diversified Market Reach
Company Financials
HMA Agro Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,303.04 | 4,706.2 | 110.69 |
| 03-2023 | 902.66 | 3,171.63 | 137.32 |
| 03-2022 | 743.9 | 2,977.38 | 110.40 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
HMA Agro Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 32% |
| Post Issue Share Holding | 26.27% |
HMA Agro Industries Ltd IPO Subscription Status (Bidding Detail)
The HMA Agro Industries Ltd IPO is subscribed 1.62 times on 23 June 2023 05:00:00 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 | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 1.74 | 2.97 | 0.96 | - | 1.62 |
HMA Agro Industries Ltd IPO Prospectus
HMA Agro Industries Ltd IPO Listing Date
| Listing Date | 4 July 2023 |
| BSE Script | 543929 |
| NSE Symbol | HMAAGRO |
| Listing In | BSE, NSE |
| ISIN | INE0ECP01016 |
| IPO Price | ₹585 |
| Face Value | ₹1 |
Company Contact Information
18A/5/3 Tajview CrossingFatehabad Road,Agra-282001
Phone: 91-7217018161
Email: cs@hmaagro.com
Website: www.hmagroup.co
HMA Agro Industries Ltd IPO Registrar
HMA Agro Industries Ltd IPO Lead Manager(s)
- Aryaman Financial Services Ltd
FAQ
What is the issue size of HMA Agro Industries Ltd IPO?
I have pre-applied for HMA Agro Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.