HOAC Foods India Limited IPO
NSE SMEListed On: May 24, 2024 at ₹ 147.0
₹ 144000 /3000 Shares
Check AllotmentHOAC Foods India Limited IPO Details
16 May, 2024
Open Date21 May, 2024
Close Date22 May, 2024
Allotment Date24 May, 2024
Listing DateIssue Price
₹48 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Kfin Technologies LimitedList Price
147.0Listing Date
2024-05-24Market Lot
3000 Shares (₹144,000/-)Lead Manager
GYR Capital Advisors Private LimitedIssue Size
1,155,000 shares(aggregating up to ₹5.54 Cr)Retail Portion
50%Subscription
1994.62 timesIPO Docs
DRHPHOAC Foods India Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 531,000 | 531,000 | 1,062,000 |
| Day 1 - 16-05-24 06:00 PM | 18.30 x | 86.29 x | 52.31 x |
| Day 2 - 17-05-24 06:00 PM | 72.76 x | 336.09 x | 204.56 x |
| Day 3 - 21-05-24 06:00 PM | 1432.77 x | 2556.46 x | 1994.62 x |
HOAC Foods India Limited Valuations
EPS Pre IPO
₹2.19/-EPS Post IPO
₹2.58/-P/E Pre IPO
21.95P/E Post IPO
18.57RoNW
23.60%HOAC Foods India Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 491.72 | 359.71 | 208.33 |
| Revenue | 1,219.05 | 1,094.03 | 746.28 |
| Profit After Tax | 58.79 | 27.33 | 12.85 |
About The Company
HOAC Foods India Limited is a manufacturer of flour, spice, and other food products. The brand name HARIOM is used to market and sell flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in and around Delhi-NCR through exclusive brand outlets.
As of Dec 31, 2023, the company had 10 Exclusive Brand Outlets which consisted of 4 owned by the company and 6 owned by franchisees. The outlets sold only the company's products, and the sales and marketing team had 12 employees.
The company has a manufacturing facility in Gurugram.
The company's operational revenues for the nine months ended on December 31, 2023, and for the financial years ending on Fiscals 2023, 2022, and 2021 were ₹ 1,148.59 lakhs, ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
The product portfolio of the company consists of 153 product SKUs of ground and blended spices.
As of December 31, 2023, the company employs 50 people in various departments.
HOAC Foods India Limited - Promoter(s)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: 69.95%
Company Promoter(s)
- Mr. Rambabu Thakur
- Mrs. Gaytri Thakur
- Yashwant Thakur
HOAC Foods India Limited IPO - Issue Objectives
- Funding the working capital requirements of the company
- General Corporate Purposes
Other Details
HOAC Foods India Limited
D-498, 1st Floor Palam Extension Sector-7 Dwarka, Raj Nagar - II,South West Delhi New Delhi- 110077Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
HOAC Foods India Limited IPO - FAQs
Ans. HOAC Foods India Limited IPO is a SME IPO. The issue is priced at ₹48 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on May 16, 2024, and closes on May 21, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The HOAC Foods India Limited IPO opens on May 16, 2024 and closes on May 21, 2024.
Ans. The size of HOAC Foods India Limited IPO is 1,155,000 shares(aggregating up to ₹5.54 Cr).
Ans. The IPO price band is set between ₹48 per equity share.
Ans. To apply for HOAC Foods India Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find HOAC Foods India Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of HOAC Foods India Limited IPO is May 22, 2024.
Ans. The HOAC Foods India Limited IPO will be listed on May 24, 2024.
Ans. Follow the steps to check the allotment status for HOAC Foods India Limited IPO here.
