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HMA Agro Industries Limited IPO (HMA Agro Industries IPO) Detail


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.

IPO Date

Jun 20, 2023 to Jun 23, 2023

Listing Date

Jul 4, 2023

Face Value

₹10 per share

Price

₹555 to ₹585 per share

Lot Size

25 Shares

Total Issue Size

8,205,127 shares

(aggregating up to ₹480.00 Cr)

Fresh Issue

2,564,102 shares

(aggregating up to ₹150.00 Cr)

Offer for Sale

5,641,025 shares of ₹10

(aggregating up to ₹330.00 Cr)

Issue Type

Book Built Issue IPO

Listing At

BSE, NSE

Share holding pre issue

47,512,875

Share holding post issue

50,076,977


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%).

Anchor Investor Shares Offered

2,461,537 (28.91%)

QIB Shares Offered

1,729,729 (20.31%)

NII (HNI) Shares Offered

1,297,298 (15.23%)

Retail Shares Offered

3,027,027 (35.55%)

Total Shares Offered

8,515,591 (100%)


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.

Bid Date

Jun 19, 2023

Shares Offered

2,461,537

Anchor Portion Size (In Cr.)

144.00

Anchor lock-in period end date for 50% shares (30 Days)

Aug 10, 2023

Anchor lock-in period end date for remaining shares (90 Days)

Nov 8, 2023


HMA Agro Industries IPO Timetable (Tentative)

HMA Agro Industries IPO opens on Jun 20, 2023, and closes on Jun 23, 2023.

IPO Open Date

Tuesday, 20 June 2023

IPO Close Date

Friday, 23 June 2023

Basis of Allotment

Thursday, 29 June 2023

Initiation of Refunds

Friday, 30 June 2023

Credit of Shares to Demat

Monday, 3 July 2023

Listing Date

Tuesday, 4 July 2023

Cut-off time for UPI mandate confirmation

5 PM 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.

Application

Lots

Shares

Amount

Retail (Min)

1

25

₹14,625

Retail (Max)

13

325

₹190,125

S-HNI (Min)

14

350

₹204,750

S-HNI (Max)

68

1,700

₹994,500

B-HNI (Min)

69

1,725

₹1,009,125


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.

Pre Issue Share Holding

100.00%

Post Issue Share Holding



Company Financials

Period Ended

Total Assets

Total Revenue

Profit After Tax

Net Worth

Reserves and Surplus

Total Borrowing

31-Mar-19

549.27

2,784.03

31.17

141.45

137.73

131.98

31-Mar-20

472.85

2,416.61

45.90

187.05

183.32

169.13

31-Mar-21

572.04

1,720.40

71.60

258.69

254.92

181.34

31-Mar-22

856.11

3,138.98

117.62

374.65

327.03

330.02

Amount in ₹ Crore


Key Performance Indicator

HMA Agro Industries IPO Market Cap is Rs 2929.5 Cr and P/E (x) is 19.4.

KPI

Values

P/E (x)

19.4

Market Cap (₹ Cr.)

2929.5

ROCE

0.33

Debt/Equity

0.75

EPS (Rs)

18.83

RoNW

28.78%



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