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HMA Agro Industries IPO Particulars & Guidance at Chanakyanipothi.com, the Oldest & the most Trusted Investment Website in India for coming up IPOs. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years.

HMA Agro Industries IPO Particulars & Guidance:
About the business

HMA Group has been in the meat industry since over four decades. The company is the flagship company of the group and is a star export house recognized by Government of India.
It is currently among the largest exporters of frozen buffalo meat products from India and it accounts for more than 10% of India’s total export of frozen buffalo meat. Its products are mainly packaged under the brand name “Black Gold”, “Kamil” & “HMA” and exported to over 40 countries all over the globe.
The company only deals in buffalo meat and allied products. Unlike beef or pork, buffalo meat is free from religious constraints and has the added advantage of low fat and cholesterol. The meat produced for export is in the form of deboned and deglanded frozen halal buffalo meat.
It (including its subsidiaries) own four fully integrated packaged meat processing plants which are located at Aligarh, Mohali, Agra and Parbhani and are in the process of setting up our fifth fully integrated owned meat product processing unit at Haryana. It is also in advanced stages to acquire an additional plant at Unnao and it expects to complete this acquisition by Q2 of FY 2022-23. These would make its total in-house meat product processing capacities to more than 4,00,000 metric tons.
p.a. spread over six different owned plants by Q2 of FY 2022-23. Further it also owns two additional secondary level meat processing units at Jaipur and Manesar.

The raw material procurement is done by the company and the same is processed at various processing units, most of which are owned by its subsidiaries and some are owned by third parties. These processing units process our products on a contractual basis against the fixed charges, which are borne by the company and it exports these branded finished products through its distribution channels. Its facilities are approved for export to UAE, Iraq, Saudi Arabia, Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Combodia and other Middle East, CIS, African Countries etc.
Approximately 90% of its sales are in form of exports.
In order to take advantage of its robust export business and well-established distribution channels across 40 countries, it has recently diversified its product portfolio by adding Frozen Fish Products, Basmati Rice, Poultry and other agri products as business verticals. The company intend to become one of the most well recognized food products exporters in India.
Get more information about the company @ www.hmagroup.com

Who are the Promoters of HMA Agro Industries IPO?
WAJID AHMED, GULZAR AHMAD, MOHAMMAD MEHMOOD QURESHI,
MOHAMMAD ASHRAF QURESHI AND ZULFIQAR AHMAD QURASHI

What are the Objects of HMA Agro Industries IPO?
The Company proposes to utilize the Net Proceeds from the Issue
for Funding Working Capital Requirement

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