HMA Agro Industries Limited IPO

Established in 2008, HMA Agro Industries Limited is a prominent food trading organization specializing in processed food and agricultural products. Their range of offerings includes frozen fresh degraded buffalo meat, prepared/frozen fruits, vegetables, and cereals in India.

HMA Agro Industries holds a significant position as one of the largest exporters of frozen buffalo meat products from India, contributing to more than 10% of the country’s total frozen buffalo meat exports. These products are carefully packaged and marketed under the brand names “Black Gold,” “Kamil,” and “HMA,” reaching customers in over 40 countries worldwide.

The company operates four fully integrated meat processing plants situated in Aligarh, Mohali, Agra, and Parbhani. Additionally, they are currently in the process of establishing a fifth fully integrated meat processing unit in Haryana. Furthermore, HMA Agro Industries is actively pursuing the acquisition of an additional plant in Unnao, which is expected to be finalized by the second quarter of the fiscal year 2022-23. Upon completion, the company’s in-house meat processing capacity will exceed 400,000 metric tons per annum, distributed across six owned plants by the aforementioned timeline.

Apart from the primary processing plants, HMA Agro Industries owns two secondary-level meat processing units located in Jaipur and Manesar.

The company’s facilities have received approvals for exports to various countries, including the United Arab Emirates (UAE), Iraq, Saudi Arabia, Oman, Bahrain, Jordan, Algeria, Egypt, Angola, Vietnam, Indonesia, Georgia, Malaysia, Cambodia, as well as other Middle Eastern, Commonwealth of Independent States (CIS), and African nations. Remarkably, approximately 90% of the company’s sales are generated through exports.

As a part of the HMA Group, the organization boasts a workforce of approximately 25,000 employees, operating across more than 10 offices and five operational environments throughout India.