HMA Agro Industries IPO opens for subscription. Should you bid?

Indian exports giant HMA Agro Industries has begun its initial public offering (IPO) process, as retail investors have until 23 June to bid for shares between the price range of Rs555 ($7.48) and Rs585 ($7.89). The IPO will raise Rs480 crore ($65m). The company’s shares were trading at a premium of Rs28 in the unlisted market before the IPO began. The firm is also offering existing shareholders’ shares for sale for Rs330 crore. HMA Agro Industries is one of the largest exporters of frozen buffalo meat in India, with customers in over 40 countries.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003