HOAC Foods India Limited IPO
HOAC Foods India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹48 per share. The stock debuted at ₹147, delivering a listing gain of 206.3%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,44,000.
HOAC Foods India Limited IPO
- IPO Dates
- May 16, 2024 – May 21, 2024
- Price band
- ₹48 per equity share
- Minimum Investment
- ₹1,44,000
- Issue size
- ₹5.54 Cr
- Lot size
- 3000
- Allotment Date
- May 22, 2024
- Listing
- May 24, 2024
- Listing At
- NSE SME
IPO timeline
-
May 16, 2024
Open Date
Completed
-
May 21, 2024
Close Date
Completed
-
May 22, 2024
Allotment Date
Completed
-
May 24, 2024
Listing Date
Completed
HOAC Foods India Limited IPO Essentials
HOAC Foods India Limited IPO Details
HOAC Foods India Limited IPO is priced at ₹48 per share with a total issue size of 5.54 crore. The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹48 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,155,000 shares(aggregating up to ₹5.54 Cr)
- Total issue size
- 11,55,000 shares
(aggregating up to ₹5.54 crore) - Fresh issue
- 11,55,000 shares
(aggregating up to ₹5.54 crore) - Listing at
- NSE SME
- List price
- 147.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
GYR Capital Advisors Private Limited
Market Lot Size
Investors can bid for a minimum of 3000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 3000 | ₹1,44,000 |
| Retail(max) | 1 | 3000 | ₹1,44,000 |
| NII (min) | 2 | 6000 | ₹2,88,000 |
HOAC Foods India Limited IPO Reservation
HOAC Foods India Limited IPO reservation details show category-wise allocation of shares. Out of the total 1,155,000 shares, approximately 45.97% for retail investors, and 8.05% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 93,000 (8.05%) | |
| Retail Shares Offered | 531,000 (45.97%) | |
| Total Shares Offered | 1,155,000 (100%) |
HOAC Foods India Limited IPO Analytics
HOAC Foods India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
HOAC Foods India Limited IPO Subscription Status
HOAC Foods India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹2.19/-
- EPS Post IPO
- ₹2.58/-
- P/E Pre IPO
- 21.95
- P/E Post IPO
- 18.57
Returns
- ROE
- 23.60%
- ROCE
- 23.43%
- RoNW
- 23.60%
- PAT Margin
- 6.49
Fundamentals
- Debt / Equity
- 0.27
- Price / Book
- 4.09
HOAC Foods India Limited Financials( In Lakhs)
| 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 |
| Net Worth | 156.86 | 98.07 | 32.26 |
| Reserves & Surplus | 135.16 | 76.37 | 22.26 |
| Total Borrowing | 190.38 | 147.50 | 128.08 |
HOAC Foods India Limited Company & Offer Insights
About HOAC Foods India Limited
HOAC Foods India Limited, a Flour, Spice, and other food products manufacturer, incorporated in 2018. The exclusive brand outlets in and around Delhi-NCR have been used to market and sell flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil under the brand name HARIOM.
The company had 10 Exclusive Brand Outlets as of Dec 31, 2023. It owned 4 out of these, and the remaining 6 were owned by franchisees. All the outlets deal only with products of the company. It has a sales and marketing team of 12 members.
The company had a manufacturing facility at Gurugram.
During the nine months ended on December 31, 2023, and for the financial years ending Fiscal 2023, Fiscal 2022, and Fiscal 2021, the company's operational revenues were ₹ 1,148.59 lakhs, ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
HOAC Foods India Limited Promoter(s)
Mr. Rambabu Thakur, Mrs. Gaytri Thakur, Yashwant Thakur are the company's promoters of HOAC Foods India Limited.
HOAC Foods India Limited IPO Issue Objectives
- •
- Funding the working capital requirements of the company
- •
- General Corporate Purposes
HOAC Foods India Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| HOAC Foods India Limited | 2.84 | 2.84 | 11.74 | 16.9 | 0.37 | 4.09 | Standalone |
| Contil India Ltd. | 2.01 | 2.01 | 2381.46 | 77.11 | 8.46 | 0.07 | Consolidated |
| Jetmall Spices And Masala Ltd | 0.49 | 0.49 | 16.22 | 32.65 | 0.03 | 0.99 | Consolidated |
Contact Information
Contact Details
HOAC Foods India Limited
+91 85272 73940
D-498, 1st Floor Palam Extension Sector-7 Dwarka, Raj Nagar - II,South West Delhi New Delhi- 110077
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
HOAC Foods India Limited IPO is a Fixed Priced IPO worth ₹5.54 crore. The issue price is ₹48 per share (fixed price). The IPO opens on May 16, 2024 and closes on May 21, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The issue price of HOAC Foods India Limited IPO is ₹48 per share (fixed price).
The lot size of HOAC Foods India Limited IPO is 3000 shares.
The minimum investment for HOAC Foods India Limited IPO is approximately ₹1,44,000 based on the issue price .
HOAC Foods India Limited IPO opens on May 16, 2024 and closes on May 21, 2024.
The allotment date of HOAC Foods India Limited IPO is May 22, 2024.
HOAC Foods India Limited IPO is expected to be listed on May 24, 2024, on NSE SME Platform.
HOAC Foods India Limited IPO valuation snapshot: P/E 18.57, EPS ₹2.58/-, P/B 4.09, RoNW 23.60%, and market cap N/A.
To apply for HOAC Foods India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of HOAC Foods India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for HOAC Foods India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check HOAC Foods India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the HOAC Foods India Limited IPO allotment status on IPO Ji for quick and easy access.