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IPO Details


HMA Agro Industries Ltd
Registered Office: 18A/5/3 Tajview Crossing, Fatehabad Road, Agra - 282001, Uttar Pradesh
Phone: 91-7217018161
Email: cs@hmaagro.com
Website: www.hmagroup.co
Initial public offering of 8,205,127* equity shares of face value of Rs. 10 each ("Equity Shares") of HMA Agro Industries Limited ("Company" or "Issuer") for cash at a price of Rs. 585 per equity share (including a share premium of Rs. 575 per equity share) (the "Offer Price") aggregating to Rs. 480.00 crores (the "Offer") comprising of a fresh issue of 2,564,102* equity shares aggregating to Rs. 150.00 crores (the "Fresh Issue") and an offer for sale of 5,641,025* equity shares aggregating to Rs. 330.00 crores (the "Offer for Sale"), comprising an offer for sale of 2,051,281 equity shares aggregating to Rs. 120.00 crores by Wajid Ahmed, 837,607 equity shares aggregating to Rs. 49.00 crores by Gulzar Ahmad, 837,607 equity shares aggregating to Rs. 49.00 crores by Mohammad Mehmood Gureshi, 837,607 equity shares aggregating to Rs. 49.00 crores by Mohammad Ashraf Qureshi, 837,607 equity shares aggregating to Rs. 49.00 crores by Zulfiquar Ahmed Qureshi, (collectively, the "Promoter Selling Shareholders") and 239,316 equity shares aggregating to Rs. 14.00 crores by Parvez Alam, (the "Promoter Group Selling Shareholder") (the promoter selling shareholders and the promoter group selling shareholder, collectively, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares"). The offer constitute 16.39 % of the fully diluted post offer paid-up equity share capital of the company. *Subject to the finalization of basis of allotment. The face value of equity shares is Rs. 10 each and the offer price is 58.5 times of the face value of the equity shares. Bids canbe made for a minimum of 25 equity shares and in multiplesof 25 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Jun-2023 23-Jun-2023 585.00 0.00
Minimum Application for shares in Nos : 25.0 Further Multiples of : 25.0
()Cr. Lead Managers to the Issue
Project Cost 145.90 Aryaman Financial Services Ltd
Project Financed through Current Offer 480.00
Post Issue Equity Share Capital 50.08
Issue Price 585.00
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Wajid Ahmed
Gulzar Ahmad
Mohammad Mehmood Qureshi
Listing At
BSE
NSE
Registrar to the Issue

INDIAN INDICES

Sensex

82,755.51 700.40 (0.85%)

Nifty

25,244.75 200.40 (0.80%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
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24,474.68 297.60(1.23%)