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HMA Agro Industries IPO IPO

Mainline20 Jun 202323 Jun 2023
Open
20 Jun 2023
Close
23 Jun 2023
3
Allotment
Listing
Tue, Jul 4, 2023
Price Band
₹555 to ₹585
Issue Size
82,05,127 shares (agg. up to ₹480 Cr)
Lot Size
25 Shares
Listing Date
Tue, Jul 4, 2023
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total1.48x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets856.11572.04472.85549.27
Total Income3,138.981,720.402,416.612,784.03
Profit After Tax117.6271.6045.9031.17
NET Worth374.65258.69187.05141.45
Reserves and Surplus327.03254.92183.32137.73
Total Borrowing330.02181.34169.13131.98
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding working capital requirements of the Company135.00
2General Corporate Purpose10.90

About HMA Agro Industries IPO

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,

Contact Details

HMA Agro Industries Ltd. Address18A/5/3, Tajview Crossing Fatehabad RoadAgra, Uttar Pradesh, 282001+91 – 7217018161cs@hmaagro.comVisit Website