HMA Agro Industries Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• Production Quality and well established Set up
• Well Experienced Management Team
• Long standing relations with its customer base and well-established marketing set up
• One of the well established Brands
• Well Diversified Market Reach

• Its Promoter/Director, its Subsidiaries and its Group Companies are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
• The company derive a significant portion of its revenue from meat business and any reduction in demand or in the production of such products could have an adverse effect on its business, results of operations and financial condition.
• The company require certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, and the failure to obtain, retain and renew such approvals and licenses in timely manner or comply with such rules and regulations or at all may adversely affect its operations.
• The company operate in a highly regulated and environmental and religiously sensitive business. Certain of its processing units generate pollutants and waste, some of which may be hazardous and harmful to the environment. Hence, its have in the past experienced plant shutdowns and disruptions with respect to its processing plants. Further, any failure to comply with statutory requirements may lead to penalties, fines and/or imprisonment. Its inability to manage statutory requirement and keep its processing units operational could affect its business including future results of operations, reputation and financial condition. For instance.
• Any failure to protect or enforce its rights to own or use trademarks and brand names and identities could have an adverse effect on its business and competitive position.

• Augment capital base for adequate working capital
• Diversification
• New Geographies
• Augment capital base for adequate working capital
• Diversification