HMA Agro Industries has debuted at Rs 615.00 on the BSE, up by 30 points or 5.13% from its issue price of Rs 585.
The scrip is currently trading at Rs 634.05, up by 49.05 points or 8.38% from its issue price. It has touched a high and low of Rs 670.45 and Rs 611.05 respectively. So far 2.55 lakh shares were traded on the counter.
The offering, which was open for subscription between June 20, 2023 and June 23, 2023 was subscribed 1.62 times. The issue price was fixed at Rs 585 per share i.e. at upper end of price band of Rs 555-585 apiece.
HMA Agro Industries is the 3rd largest exporter (based on annual revenue) of packaged frozen halal boneless buffalo meat products in India.
