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.
HMA Agro Industries IPO Details
HMA Agro Industries IPO 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.
HMA Agro Industries IPO Reservation
HMA Agro Industries IPO 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%).
HMA Agro Industries IPO Anchor Investors Details
HMA Agro Industries IPO raises Rs 144.00 crore from anchor investors. HMA Agro Industries IPO Anchor bid date is Jun 19, 2023.
HMA Agro Industries IPO Timetable (Tentative)
HMA Agro Industries IPO opens on Jun 20, 2023, and closes 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.
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.
Company Financials
Key Performance Indicator
HMA Agro Industries IPO Market Cap is Rs 2929.5 Cr and P/E (x) is 19.4.
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