HOAC Foods India Limited IPO (HOAC Foods India IPO)

Hariom Foods India Limited IPO
Upcoming Hariom Foods India IPO | New Hariom Foods India IPO

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 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 IPO

HOAC Foods India IPO – Details

IPO Opening Date16 May 2024
IPO Closing Date21 May 2024
Issue TypeFixed Price Issue IPO
Issue Size11,55,000 Shares Worth ₹5.54 Crore
Fresh Issue: 11,55,000 Shares Worth ₹5.54 Crore
Face Value₹10 per equity share
IPO Price₹48
Market Lot3000 Shares
Min Order3000 Shares (1 Lot)
Listing AtNSE SME
RegisterKfin Technologies Limited
Retail Shares Offered50%
Other Shares Offered50%

HOAC Foods India IPO – Date Schedule

IPO Open Date16 May 2024
IPO Close Date21 May 2024
Basis of Allotment22 May 2024
Initiation of Refund23 May 2024
Credit of Shares to Demat Account23 May 2024
IPO Listing Date24 May 2024
Cut-off time for UPI mandate confirmation5 PM on May 21, 2024

HOAC Foods India IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)13000₹1,44,000
Retail (Maximum)13000₹1,44,000
HNI (Minimum)26000₹2,88,000

Competitive Strengths

  • Experienced Management team having domain knowledge to scale up and expand into new opportunities;
  • Unique and Sustainable business model;
  • Diversified Product Portfolio capable of capturing growing Indian Spice market;
  • Omni channel Approach;
  • Cluster-based distribution through retail outlet network;
  • Increasing Same Store Sales Growth through incentives & training to retail outlet employees and for company’s sales team;
  • In-house Manufacturing capabilities;
  • Consistent focus on quality and maximum nutritional value;
  • Strong and stable management team with proven ability;
  • Long Standing Relationship with their customers;
  • Robust Supply-chain Management;
  • Strategic Location of company’s Warehousing Units;
  • Scalable Business Model;

Company Promoters

  • Mr. Rambabu Thakur
  • Mrs. Gaytri Thakur
  • Yashwant Thakur

Object Of The Issue

  • Funding the working capital requirements of the company.
  • General Corporate Purposes.
HOAC Foods India IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 20217.467.280.121.28
31 March 202210.9410.560.271.47
31 March 202312.1911.370.581.90
31 December 202311.5410.510.742.04
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)6.49
EPS (Rs)2.192.58
P/E (x)21.9518.57

HOAC Foods India IPO Promoter Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding69.95%

HOAC Foods India IPO Prospectus

Company Contact Information

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

HOAC Foods India IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com

HOAC Foods India IPO Lead Manager(s)

1. GYR Capital Advisors Private Limited

HOAC Foods India IPO FAQs

HOAC Foods India IPO FAQs
What is HOAC Foods India IPO?

HOAC Foods India IPO is a SME IPO. The issue is priced at ₹48 per equity share. The IPO is to be listed on NSE SME.
When HOAC Foods India IPO will open?

The IPO is to open on 16 May 2024 for Retails – 50.00% and Other – 50.00% Investors.
How to HOAC Foods India IPO?

You can apply for HOAC Foods India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the HOAC Foods India IPO through 5 Paisa?

Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “HOAC Foods India”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa.
How to Apply the HOAC Foods India IPO through Edelweiss?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “HOAC Foods India”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss.
What is HOAC Foods India IPO Size?

HOAC Foods India IPO size is ₹5.54 crores.
What is HOAC Foods India IPO Price Band?

HOAC Foods India IPO Price Band is ₹48.
What is HOAC Foods India IPO Minimum and Maximum Lot Size?

The minimum bid is 3000 Shares with ₹1,44,000 amount while the maximum bid is 3000 shares with ₹1,44,000.
What is the HOAC Foods India IPO Allotment Date?

HOAC Foods India IPO allotment date is  22 May 2024.
What is the HOAC Foods India IPO Listing Date?

HOAC Foods India IPO listing date is 24 May 2024. The IPO is to list on NSE SME.
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