Last updated on September 22, 2023
HMA Agro IPO Description – HMA Agro Industries is among 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. Its products are mainly packaged under the brand name ‘Black Gold’, ‘Kamil’ & ‘HMA’ and are exported to over 40 countries all over the globe.
The company’s four fully integrated packaged meat processing plants are located at Aligarh, Mohali, Agra, and Parbhani. HMA Agro is in the process of setting up its fifth processing unit at Haryana. These facilities would expand the company’s total in-house meat product processing capacity to over 4,00,000 metric tons p.a. by Q2 of FY 2023.
HMA Agro facilities are approved for export to UAE, Iraq, Saudi Arabia, Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Cambodia, and other Middle East, CIS, African Countries, etc. Approximately 90% of its sales are in the form of exports.
Promoters of HMA Agro – Wajid Ahmed, Gulzar Ahmad, Mohammad Mehmood Qureshi, Mohammad Ashraf Qureshi, and Zulfiqar Ahmad Qurashi
HMA Agro IPO Details
| HMA Agro IPO Dates | 20 – 23 June 2023 |
| HMA Agro IPO Price | INR 555 – 585 per share |
| Fresh issue | INR 150 crore |
| Offer For Sale | INR 330 crore |
| Total IPO size | INR 480 crore |
| Minimum bid (lot size) | 25 shares (INR 14,625) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
HMA Agro Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 | 9M FY 2023 |
| Revenue | 2,372.79 | 1,707.50 | 3,083.19 | 2,370.48 |
| Expenses | 2,354.40 | 1,622.95 | 2,980.39 | 2,266.63 |
| Net income | 45.90 | 71.60 | 117.62 | 113.24 |
| Margin (%) | 1.93 | 4.19 | 3.81 | 4.78 |
HMA Agro Offer News
- HMA Agro Industries RHP
- HMA Agro Industries DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Subscription Status
HMA Agro Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 9.66 | 15.07 | 24.39 |
| PE ratio | – | – | 22.76 – 23.99 |
| RONW (%) | 24.54 | 27.68 | 30.93 |
| NAV | 39.37 | 54.45 | 78.85 |
| ROCE (%) | 36.58 | 39.16 | 42.15 |
| EBITDA (%) | 3.31 | 6.47 | 5.70 |
| Debt/Equity | 0.90 | 0.70 | 0.88 |
HMA Agro IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 3 July 2023 | 8 | – | – |
| 30 June 2023 | 10 | – | – |
| 29 June 2023 | 10 | – | – |
| 28 June 2023 | 10 | – | – |
| 27 June 2023 | – | – | – |
| 26 June 2023 | 10 | – | – |
| 24 June 2023 | 15 | – | – |
| 23 June 2023 | 20 | – | – |
| 22 June 2023 | 20 | – | – |
| 21 June 2023 | 22 | – | – |
| 20 June 2023 | 25 | – | – |
| 19 June 2023 | 22 | – | – |
| 17 June 2023 | 20 | – | – |
HMA Agro IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 1,729,729 | 1,297,298 | 3,027,027 | 6,054,054 |
| 23 Jun 2023 | 1.74 | 2.97 | 0.96 | 1.62 |
| 22 Jun 2023 | 1.04 | 1.92 | 0.54 | 0.98 |
| 21 Jun 2023 | 0.37 | 1.20 | 0.38 | 0.55 |
| 20 Jun 2023 | 0.37 | 0.55 | 0.20 | 0.32 |
HMA Agro IPO Allotment Status
HMA Agro IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
HMA Agro IPO Dates & Listing Performance
| HMA Agro IPO Opening Date | 20 June 2023 |
| HMA Agro IPO Closing Date | 23 June 2023 |
| Finalization of Basis of Allotment | 28 June 2023 |
| Initiation of refunds | 30 June 2023 |
| Transfer of shares to demat accounts | 3 July 2023 |
| HMA Agro IPO Listing Date | 4 July 2023 |
| Opening Price on NSE | INR 625 per share (up 6.84%) |
| Closing Price on NSE | INR 585.7 per share (up 0.1%) |
HMA Agro IPO Reviews – Subscribe or Avoid?
Angel One –
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Asit C Mehta –
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GEPL Capital – Avoid
Hem Securities – Subscribe
ICICIdirect –
Jainam Broking – Avoid
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities –
SMC Global –
Swastika Investmart –
Ventura Securities – Not Rated
HMA Agro Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Phone: +91 22 – 6216 6999
Email:Â [email protected]
Website:Â www.afsl.co.in
HMA Agro Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
HMA Agro Contact Details
HMA AGRO INDUSTRIES LIMITED
18A/5/3, Tajview Crossing Fatehabad Road,
Agra -282001, Uttar Pradesh, India
Phone: +91 – 7217018161
Email:Â [email protected]
Website: www.hmagroup.com
HMA Agro IPO FAQs
How many shares in HMA Agro IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in HMA Agro Public Offer?
The best way to apply in HMA Agro public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is HMA Agro IPO GMP today?
HMA Agro IPO GMP today is INR 8 per share.
What is HMA Agro kostak rate today?
HMA Agro kostak rate today is INR NA per application.
What is HMA Agro Subject to Sauda rate today?
HMA Agro Subject to Sauda rate today is INR NA per application.
Avoid Avoid Avoid
This is going to be a flop IPO
Bakwas issue hai ye pahle private investors ke peeche pade the par kuch nahi mila to ipo le aaye. BIG AVOID