IPO Trending
HMAAGROEQ / NSE, BSEListed
HMA Agro Industries

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 - ₹5851.7x sub
Listed Price₹625.00
Listing Gain+6.84%

Subscription Status

1.7xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB1.84x
Fully Subscribed (Safe)Offered: 16,41,025 sh
Nib3.13x
Popular / Warm DemandOffered: 12,30,770 sh
Hnis(10l +)4.02x
Popular / Warm DemandOffered: 8,20,513 sh
Hnis (2-10l)1.36x
Fully Subscribed (Safe)Offered: 4,10,257 sh
Retail1.02x
Fully Subscribed (Safe)Offered: 28,71,795 sh
CategoryOfferedAppliedTimes
QIB16,41,02530,15,0751.84x
Nib12,30,77038,57,6753.13x
Hnis(10l +)8,20,51333,01,0504.02x
Hnis (2-10l)4,10,2575,56,6251.36x
Retail28,71,79529,19,4251.02x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB176.38961.84x
Retail170.791681.02x
Hnis 2+32.56241.36x
Hnis 10+193.11484.02x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
N/a00Open
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

About HMA Agro Industries IPO Subscription Demand

Live subscription status and bidding analysis for HMA Agro Industries (HMAAGRO) IPO. The issue is subscribed 1.7x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

Frequently Asked Questions