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hma agro industries listing price: HMA Agro Industries shares list at mild premium. What should investors do?

HMA Agro Industries shares debuted on the stock market with a 7% premium. Analysts suggest holding the stock for at least six to eight months due to the company s strong fundamentals and niche business model. The company, a market leader in the export of frozen buffalo meat products, recently diversified into other food processing and exports. It heavily relies on the export business, which accounted for 90.2% of its revenue in FY22. The net proceeds from the IPO will be used for working capital requirements and general corporate purposes.

HMA Agro Industries listing price: HMA Agro Industries shares list at 6% premium over IPO price

HMA Agro Industries, a major player in the export of packaged frozen buffalo meat, saw its shares listed at a premium on the NSE and BSE, with a strong response from non-institutional investors and qualified institutional buyers during its IPO. Despite subdued interest from retail investors, the IPO was fully subscribed. The company plans to use the proceeds to fund working capital requirements and for general corporate purposes. HMA Agro is also diversifying into other food processing and export products, such as frozen fish and basmati rice.

HMA Agro shares debut with nearly 7 per cent premium

HMA Agro Industries IPO Price Surpassed: Shares Listed at a 6% Premium

hma agro industries grey market premium: HMA Agro Industries shares to list on Tuesday. What to expect?

HMA Agro Industries will be listed on the stock exchanges with a mild premium of 6-7%. The grey market premium for the company s shares saw a sharp jump to Rs 40 apiece. The initial share sale was fully subscribed, with strong interest from institutional investors. Retail investors showed muted interest, with a subscription rate of just 96%. The company plans to use the proceeds for working capital requirements and general corporate purposes. However, it is important to note that the company heavily relies on export business, which contributed to around 90.2% of its revenue in FY22.