HMA Agro IPO allotment declared; here’s how to check

29 Jun 2023 , 09:41 PM

The HMA Agro Industries IPO, originally scheduled for June 29, 2023, underwent a change in its allotment date due to the revision in the stock market holiday for Bakri Eid 2023. As a result, the IPO allotment for HMA Agro Industries has been declared one day earlier than initially planned.

Investors can check the allotment status of HMA Agro Industries IPO on BSE website or on regisrar’s website, Bigshare Services Private Limited.

The company is scheduled to list on BSE and NSE on July 4^th.

The initial public offer (IPO) of HMA Agro Industries has received tepid response from the investors and was subscribed 1.62 times overall. 

The high net worth individuals (HNIs) showed strong support for the IPO by subscribing to 2.97 times their allocated quota of shares. Similarly, qualified institutional investors (QIBs) subscribed to 1.74 times their allotted shares. The retail investor portion, although the smallest among the categories, was highly subscribed at 96 percent. The price band for the offer ranged from Rs 555 to Rs 585 per share.