HOAC Foods India Limited IPO

NSE SME

Listed On: May 24, 2024 at ₹ 147.0

₹ 144000 /3000 Shares

Check Allotment

HOAC Foods India Limited IPO Details

16 May, 2024

Open Date

21 May, 2024

Close Date

22 May, 2024

Allotment Date

24 May, 2024

Listing Date

Issue Price

₹48 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

147.0

Listing Date

2024-05-24

Market Lot

3000 Shares (₹144,000/-)

Lead Manager

GYR Capital Advisors Private Limited

Issue Size

1,155,000 shares(aggregating up to ₹5.54 Cr)

Retail Portion

50%

Subscription

1994.62 times

IPO Docs

DRHP RHP

The IPO of HOAC Foods India Limited is priced at ₹48 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.

HOAC Foods India Limited IPO bid opening date is from May 16, 2024 and the bid closing date was May 21, 2024.
HOAC Foods India Limited IPO allotment result will be available on May 22, 2024. The tentative listing date for HOAC Foods India Limited is May 24, 2024.

The total issue size is 1,155,000 shares(aggregating up to ₹5.54 Cr).

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

Total No. of Applications: 4,52,493 (Approx)

HOAC Foods India Limited Valuations

EPS Pre IPO

₹2.19/-

EPS Post IPO

₹2.58/-

P/E Pre IPO

21.95

P/E Post IPO

18.57

ROE

23.60%

ROCE

23.43%

Debt/Equity

0.27

RoNW

23.60%

PAT Margin

6.49

Price to Book Value

4.09

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
Net Worth	156.86	98.07	32.26
Reserves & Surplus	135.16	76.37	22.26
Total Borrowing	190.38	147.50	128.08

About The Company

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)

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

Company Contact Details

HOAC Foods India Limited

D-498, 1st Floor Palam Extension Sector-7 Dwarka, Raj Nagar - II,South West Delhi New Delhi- 110077

Phone: +91 85272 73940

Email: info@attahariom.com

Website: https://hoacfoodsindia.com/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: einward.ris@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

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.