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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.
The Rs 480 crore IPO of HMA Agro consists of fresh issues of up to 150 crore, while an offer-for-sale (OFS) of up to 330 crore by promoters and existing shareholders.
HMA Agro Industries is eyeing to raise Rs 480 crore through its primary offering as the company has fixed the price band at Rs Rs 555-585 apiece with a lot size of 25 equity shares.
HMA Agro Industries was commanding a grey market premium of Rs 28 apiece. The exporter of processed frozen buffalo meat is looking to raise up to Rs 330 crore from an offer for sale in the Rs 555-585 price band.