HomeNews listOBJECTIVE PRESSHMA Agro Industries IPO opens for subscription. Should you bid?

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

  • June 19, 2023
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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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.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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