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HMA Agro Industries Limited

HMA Agro Industries Limited, incorporated in 2008, is a leading food trade organization in India specializing in handled food and agro products, including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables, and cereals. The company is one of India’s largest exporters of frozen buffalo meat, contributing over 10% of the country’s total exports in this segment, with products marketed under the brands “Black Gold,” “Kamil,” and “HMA” and exported to more than 40 countries worldwide. HMA Agro operates four fully integrated meat processing plants in Aligarh, Mohali, Agra, and Parbhani, and is in the process of establishing a fifth plant in Haryana and acquiring a sixth in Unnao, expanding its total in-house processing capacity to over 400,000 metric tons per annum. Additionally, the company owns secondary processing units in Jaipur and Manesar, with facilities approved for export to countries across the Middle East, CIS, Africa, and Southeast Asia. Approximately 90% of its sales are exports, and the HMA Group employs around 25,000 people across more than 10 locations in India.

₹555 - ₹5851.62x sub
Listed Price625.00
Listing Gain+6.84%
TimelineBook Built Issue IPO
Open20 Jun 2023
Close23 Jun 2023
Allotment28 Jun 2023
Listing04 Jul 2023

Quota Reservation Portions

QIBPortion: 41,02,562 shares
50%
Nii (hni)Portion: 12,30,770 shares
15%
RetailPortion: 28,71,795 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 25 shares
₹14,625
sHNI14 lots / 350 shares
₹2,04,750
bHNI69 lots / 1,725 shares
₹10,09,125

About the Company

HMA Agro Industries Limited, incorporated in 2008, is a leading food trade organization in India specializing in handled food and agro products, including frozen fresh deglanded buffalo meat, prepared/frozen natural products, vegetables, and cereals. The company is one of India’s largest exporters of frozen buffalo meat, contributing over 10% of the country’s total exports in this segment, with products marketed under the brands “Black Gold,” “Kamil,” and “HMA” and exported to more than 40 countries worldwide. HMA Agro operates four fully integrated meat processing plants in Aligarh, Mohali, Agra, and Parbhani, and is in the process of establishing a fifth plant in Haryana and acquiring a sixth in Unnao, expanding its total in-house processing capacity to over 400,000 metric tons per annum. Additionally, the company owns secondary processing units in Jaipur and Manesar, with facilities approved for export to countries across the Middle East, CIS, Africa, and Southeast Asia. Approximately 90% of its sales are exports, and the HMA Group employs around 25,000 people across more than 10 locations in India.

Company Promoters

Mr. Wajid AhmedMr. Gulzar AhmadMr. Mohammad Mehmood QureshiMr. Mohammad Ashraf QureshiMr. Zulfiqar Ahmad Qurashi
HMA Agro Industries Limited IPO Details | GMP, Allotment & Financials | IPO Trending