HMA Agro Industries IPO Allotment Status: Today, June 30, HMA Agro Industries is expected to announce the status of its share allocation.
Overall, 1.62 times as many shares of HMA Agro Industries were subscribed for. On July 4, the shares are anticipated to be listed on stock exchanges.
Today, June 30, HMA Agro Industries, an exporter of frozen buffalo meat based in Agra, is expected to disclose the allotment status of its initial public offering (IPO).
The IPO for HMA Agro Industries began trading on June 20 and ended on June 23. The IPO price range was between 555 and 585 per share.
Poor retail sales participation
On its final day, the HMA Agro Industries IPO was 1.62 times subscribed, with offers for 97.93 million equity shares against 60.53 million shares offered. While the portion for qualified institutional buyers was subscribed for 1.74 times, the portion for non-institutional investors was subscribed for 2.97 times. The retail element of the offering was subscribed to 0.96 times less than what was available, demonstrating lacklustre demand.
Grey market premium
HMA Agro Industries shares command a grey market premium (GMP) of 12 per share at present. GMP refers to the premium at which initial public offering (IPO) shares are transacted on an unofficial market prior to being listed on stock exchanges.
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Here’s how to verify the status of the IPO’s allotment.
- Check the status of the HMA Agro Industries IPO allocation by visiting the registrar’s website here.
- Click ‘Company Selection’ and then choose ‘HMA Agro Industries’.
- Now input your PAN, application number, DP/Client ID, or Account/IFSC number.
- Select ‘Search’.
- You can verify the allocation status on the website of the registrar.
You will be able to view the status of your application. It will display the number of shares for which you have applied and the number of shares you have been allotted.
You can also verify the allotment status of the HMA Agro Industries IPO on the BSE and NSE websites
- To verify the status of allocation on the BSE or NSE website:
- Visit the website for BSE.
- Click ‘Equity’ and then ‘HMA Agro Industries’ from the drop-down menu on the website.
- Enter your application number and PAN at this time.
- Select ‘Search’.
- You will be able to see how many shares have been allotted to you.
- Click here and log in to view your allocation status on the NSE.
Date of HMA Agro Industries listing
On July 4, the shares of HMA Agro Industries will be listed on stock exchanges.
