ListedMainboardHMA

HMA Agro Industries Limited

HMA Agro Industries Limited is a mainboard IPO raising ₹480 Cr at ₹555 – ₹585 a share. It listed on 4 Jul 2023 and trades at ₹24 today, −59.1% against its issue price of ₹585, after adjusting for bonus issues or splits: one share allotted at the IPO is now 10 shares. It was subscribed 1.62× in total.

₹585
Issue price
₹24
Price now
−59.1%
Since issue price
4 Jul 2023
Listed on
1.62×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹555 – ₹585
Cut-off price₹585
Issue size₹480 Cr
Shares per lot25
Minimum application₹14,625
Minimum quantity25
Face value₹10
Listing exchanges—
ISININE0ECP01016
Bidding hours10:00 – 17:00 IST
Bidding window20 Jun 2023 – 23 Jun 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.