HMA Agro issue closes today - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
HMA Agro Industries IPO saw strong demand from qualified institutional buyers and non-institutional investors, with a subscription rate of 84% on Day 3. However, retail interest was weaker at just 46%. The company s shares were commanding a GMP of Rs 24, indicating the listing trend, but market sources caution that it is subject to rapid change. The IPO comprises a fresh issue of equity shares up to Rs 150 crore and an offer for sale of Rs 330 crore by promoters and selling shareholders, with Aryaman Financial Services as the sole book-running lead manager.
HMA Agro Industries IPO subscribed 55 pc on Day 2 financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
HMA Agro Industries is eyeing to raise Rs 480 crore through its primary offering as the company has fixed the price band at Rs 555-585 apiece with a lot size of 25 equity shares.