HMA Agro Industries IPO

HMA Agro Industries Limited

₹13,875 /25 sharesMinimum Investment

HMA Agro Industries IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹585.00₹625.00₹40.00 (6.84%)

HMA Agro Industries IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
20 Jun ‘23 - 23 Jun ‘23₹13,87525₹555 - ₹585
Issue SizeIPO Doc
480.00Cr
RHP PDF

Subscription Status As on 23 Jun '23, 3:35 PM

  • Qualified Institutional Buyers
    1.74x
  • Non-Institutional Investor
    2.95x
  • Retail Individual Investor
    0.91x
  • Total
    1.59x

About HMA Agro Industries

Incorporated in 2008, HMA Agro Industries, the flagship company of the HMA Group, is recognised as a star export house by the Government of India. Specialising in frozen buffalo meat products, the company contributes more than 10% to the country's total export of frozen buffalo meat. The company exclusively focuses on buffalo meat and its related products. The company has recently expanded its product range to include frozen fish products and basmati rice and has plans to further diversify by incorporating poultry and other agro products. ;
Parent Organisation
HMA Agro Industries Limited
Founded
2008
Managing Director
Mr. Wajid Ahmed

Strengths & Risks

  • HMA Agro Industries Limited is ranked amongst India's top three meat exporting companies
  • The company has a vast global reach, catering to over 40 countries.
  • The company’s operations are aligned with internationally recognised benchmarks such as Good Manufacturing Practices (GMP), Good Hygienic Practices (GHP), and Hazard Analysis Critical Control Point (HACCP), which are in harmony with the esteemed International Codex Alimentarius Standards.
  • The company has established a food safety management system in accordance with ISO 22000:2005 and HACCP principles.
  • The meat business is a major part of HMA Agro Industries' revenue. Any decrease in demand or production of meat products could negatively impact the company's business and operations.
  • Some processing units the company uses produce harmful pollutants and waste, leading to plant shutdowns and disruptions that affect their processing plants.
  • The temporary closure of specific processing facilities and regulatory restrictions due to the pandemic can disrupt the company's inventory management capabilities.
  • If there are temporary shutdowns at export hubs or key logistics points, it may affect the company's ability to handle sales and purchases effectively.
  • HMA Agro Industries relies on third-party transportation providers to acquire raw materials and distribute products. Any failures by these providers to deliver materials or products on time and in good condition can adversely affect the company's business, financial condition, and operations.
  • Outbreaks of livestock diseases have the potential to significantly limit the company's ability to carry out its operations.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular555 - 585₹2 Lakh
High Networth Individual555 - 585₹2 - 5 Lakh
For HMA Agro Industries IPO, eligible investors can apply as Regular.
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