The IPOS season is back. In recent months, there has been a significant slowdown in companies going public due to concerns about the recession and high volatility in the market. This cautious approach has resulted in a prolonged waiting period, with many companies choosing to postpone their initial public offerings (IPOs) until conditions stabilize. However, the wait is now over. HMA Agro Industries IPO is scheduled to release on 20th June. if you are looking for “HMA Agro Industries IPO Analysis” Continue reading till the end. We will give you the overall IPO-related information related to the company. Please visit the HMA Agro Industries website
HMA Agro Industries – About the company
HMA Agro Industries is an Agro-based company that deals in Food related sector. The company was founded in 2008 and the current CEO is Wajid Ahmed. HMA Agro Industries is recognized as the star export by the government of India. The company is specialized in exporting Buffalo meat. HMA Agro Industries contributes more than 10% of the total frozen buffalo exports from India.
HMA Agro Industries products include
- Meat
- Fruits
- Basmati Rice
- Rendered products
- Vegetables
HMA Agro Industries – Financials
| years | Revenue | Profits |
|---|---|---|
| 2019 | 2,742 crores | 31.20 |
| 2020 | 2,373 | 45.90 |
| 2021 | 1,708 | 72.60 |
HMA Agro Industries – Promoters
| Wajid Ahmed | Promoter |
| Gulzar Ahmad | Promoter |
| Mohammad Mehmood Qureshi | Promoter |
| Mohammad Ashraf Qureshi | Promoter |
| Zulfiqar Ahmad Qurashi | Promoter |
| Parvez Alam | Promoter Group |
HMA Agro Industries IPO Details
| Details | Values |
|---|---|
| Bidding dates | 20 Jun 2023 – 23 June 2023 |
| Minimum Investment | 13,875 |
| Lot Size | 25 |
| Price range | 555-585 |
| Issue size | 480 cr |
HMA Agro Industries IPO details
HMA Agro Industries IPO Analysis – Advantages
The company is top-ranked in meat exports in India
HMA Agro Industries has a global presence in the meat sector.
The company has a good safety standards in meat production.
HMA Agro Industries IPO Analysis – Disadvantages
Generally, the food industry is a highly volatile business where the margins are very low
Very risky to manage the production house as the meat may spoil for a longer time.
The sector is a highly competitive sector.
