HMA Agro IPO Date, Allotment, Analysis, Review, Price
HMA Agro IPO details: HMA Agro IPO date has been set, the IPO will take effect on June 20th and will end on June 23rd, 2023. raised approximately ₹480 crore through IPO including a new IPO. issued ₹150 crore and offered up to ₹330 crore at ₹10 each. Retail quota is 35%, QIB is 50% and HNI is 15%.
HMA Agro Industries Limited is a big company in India that deals with processed food and agricultural products. They offer a wide range of products, including frozen buffalo meat, fruits, vegetables, and cereals.
When it comes to frozen buffalo meat, they are one of the largest exporters in India. In fact, they contribute to more than 10% of India’s total export of frozen buffalo meat. They have their own brand names for their packaged products, such as “Black Gold,” “Kamil,” and “HMA.” These products are shipped to over 40 countries around the world, including UAE, Iraq, Saudi Arabia, Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Cambodia, and many more in the Middle East, CIS, and Africa.
To ensure efficient production, they have meat processing plants in Aligarh, Mohali, Agra, and Parbhani. Additionally, they are in the process of setting up a new fully integrated meat processing unit in Haryana. They also own two other meat processing units in Jaipur and Manesar.
HMA Agro IPO Date & Price Band Details
|IPO Open:||June 20, 2023|
|IPO Close:||June 23, 2023|
|IPO Size:||Approx ₹480 Crores|
|Fresh Issue:||Approx ₹150 Crores|
|Offer for Sale:||Approx ₹330 Crores|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹555 to ₹585 Per Share|
|IPO Listing on:||BSE & NSE|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
Objects of the Issue
- Working capital requirements of the company, and
- General corporate purpose.
HMA Agro IPO Review (Apply or Not)
- To be updated soon
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
HMA Agro IPO Allotment & Listing Dates
The HMA Agro IPO date is June 20 and the close date is June 23. The HMA Agro IPO allotment will be finalized on June 29 and the IPO listing on July 4.
|Price Band Announcement:||June 8, 2023|
|Anchor Investors Allotment:||June 19, 2023|
|IPO Open Date:||June 20, 2023|
|IPO Close Date:||June 23, 2023|
|Basis of Allotment:||June 29, 2023|
|Refunds:||June 30, 2023|
|Credit to Demat Account:||July 3, 2023|
|IPO Listing Date:||July 4, 2023|
HMA Agro IPO Market Lot
The HMA Agro IPO minimum market lot is 25 shares with ₹14,625 application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
HMA Agro Company Financial Report
|₹ in Crores|
HMA Agro IPO Valuation – FY2021
Check HMA Agro IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹15.28 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||27.96%|
|Net Asset Value (NAV):||₹54.66 per Equity Share|
What is HMA Agro IPO Size?
HMA Agro IPO size is ₹480 crores.
What is HMA Agro IPO Price Band?
HMA Agro IPO Price Band is ₹555 to ₹585.
What is HMA Agro IPO Minimum and Maximum Lot Size?
The minimum bid is 25 Shares with ₹14,625 amount while the maximum bid is [.] shares with ₹[.].
What is the HMA Agro IPO Allotment Date?
HMA Agro IPO allotment date is June 29, 2023.
What is the HMA Agro IPO Listing Date?
HMA Agro IPO listing date is July 4, 2023. The IPO is to list on BSE and NSE.
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