HMA Agro Industries IPO
Agro Processing / Meat Exports - Listed on 04 July 2023
HMA Agro Industries IPO listing summary
HMA Agro Industries (Agro Processing / Meat Exports) closed its IPO window in 2023 and listed on NSE and BSE on 04 July 2023 at an upper band issue price of Rs 585, opening at Rs 625 for a listing gain of +6.8% and closing day one at Rs 585.7 (+0.1% on closing basis). The IPO was subscribed 1.62x overall - QIB 1.74x, HNI/NII 2.97x, Retail 0.96x. The total issue size was Rs 480 Cr (Fresh Issue Rs 150 Cr, OFS Rs 330 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
HMA Agro Industries IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 20 | +3.42% |
| Day 2 | Rs 22 | +3.76% |
| Day 3 | Rs 25 | +4.27% |
| Day 4 | Rs 22 | +3.76% |
| Day 5 | Rs 20 | +3.42% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the HMA Agro Industries IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
HMA Agro Industries IPO - FAQs
What was the listing gain of HMA Agro Industries IPO?
HMA Agro Industries IPO listed at +6.8% versus the upper issue price of Rs 585 on 04 July 2023.
How many times was HMA Agro Industries IPO subscribed?
HMA Agro Industries IPO was subscribed 1.62x overall. QIB portion was subscribed 1.74x, HNI / NII 2.97x and Retail 0.96x.
What was the IPO GMP for HMA Agro Industries?
IPO GMP started at Rs 20 on Day 1 and moved to Rs 20 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.