HMA Agro Industries Limited IPO Closed

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IPO date 20th – 23rd Jun 2023
Listing date 04 Jul 2023
Price range 555 – 585
Minimum order quantity 25
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HMA Agro Industries Limited is in the business of processing and export of packaged frozen buffalo meat and fish products along with cereals. With a market share of more than 10%, it is one of the top three meat exporter companies in India. Exporting to more than 40 countries under its sub-brands.

Through its initial public offering, HMA Agro Industries Limited aims to raise Rs. 480 crores. The IPO comprises a fresh issue of equity shares aggregating up to Rs. 150 crores and an offer for sale of shares worth Rs. 330 crores from the existing shareholders.

Objects of the issue:

  1. Funding working capital requirements of the company
  2. General corporate purposes

Financial Information

Financial Year Total Assets  (₹ crores) Total Revenue (₹ crores) Profit After Tax (₹ crores) EBITDA (₹ crores)
March 31, 2020 472.85 2,416.61 45.90 78.63
March 31, 2021 572.04 1,720.40 71.60 109.82
March 31, 2022 856.11 3,138.98 117.62 175.82
As of December 31, 2022 971.72 2,417.82 113.24 165.25

IPO Schedule

Issue Period 20th June to 23rd June 2023
Deadline for accepting UPI mandate Until 5 PM on the issue closing day
Finalization of Allotment 29th June 2023
Initiation of Refunds 30th June 2023
Credit of Shares 3rd July 2023
Date of Listing 4th July 2023
Mandate end date 8th July 2023
Anchor Investors Lock-In End Date 23rd July 2023

How do I apply to the HMA Agro Industries Limited IPO?

You can apply for the HMA Agro Industries Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on Kite
  • Accept the UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for HMA Agro Industries Limited IPO?

You can check the allotment status for the HMA Agro Industries Limited IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.