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IPO Hoac Foods India Ltd

  • Price Range

    ₹48

  • Min. Quantity

    3,000

  • Closes on

    21 May 2024

  • Min. investment

    ₹1,44,000/3,000 Shares

Hoac Foods India Ltd IPO Timeline

Hoac Foods India Ltd was originally incorporated with the name as 'Hoac MP Atta Spices Manufacture Private Limited' a Private Limited Company on March 13, 2018, with Registrar of Companies, Delhi. Thereafter, the Company name got changed to Hoac Foods India Private Limited' dated November 03, 2021. Subsequently, it was converted into a Public Limited and the name of the Company was changed to Hoac Foods India Limited' and a fresh Certificate of Incorporation dated 30th October, 2023 was issued by the Registrar of Companies, at New Delhi.

EventDate
Hoac Foods India Ltd IPO Opening Date16 May 2024
Hoac Foods India Ltd IPO Closing Date 21 May 2024
Basis of Allotment22 May 2024
Initiation of Refunds23 May 2024
Credit of Shares to Demat23 May 2024
Hoac Foods India Ltd IPO Listing Date24 May 2024

Hoac Foods India Ltd IPO Details

Hoac Foods India Ltd IPO Date16 May 2024 to 21 May 2024
Hoac Foods India Ltd IPO Face Value10 per share
Hoac Foods India Ltd IPO Price48 to ₹0 per share
Hoac Foods India Ltd IPO Lot Size3,000
Issue SizeShares of ₹10 (aggregating up to ₹5.54 Cr)
Fresh IssueShares of ₹10 (aggregating up to ₹5.54 Cr)
Offer for Sale-
Issue TypeFixed Price - SME
Listing At NSE - SME
QIB Shares Offered-
Retail Shares Offered-
NII (HNI) Shares Offered-
Company PromotersRambabu Thakur, Gaytri Thakur, Yashwant Thakur

Hoac Foods India Ltd IPO Lot Size

The Hoac Foods India Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,44,000).

Application LotsSharesAmount
Minimum13,000₹1,44,000
Maximum13,000₹1,44,000
  • Risks
  • Opportunities
  • 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 its 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 its customers.

Company Financials

Hoac Foods India Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-20247.9615.631.02
03-20234.8912.210.50
03-20223.610.940.27
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding the working capital requiremnts of the company
  • General corporate purposes

Hoac Foods India Ltd IPO Promoter Holding

Pre Issue Share Holding62.24%
Post Issue Share Holding43.54%

Hoac Foods India Ltd IPO Subscription Status (Bidding Detail)

The Hoac Foods India Ltd IPO is subscribed 1834.0104 times on 21 May 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)----1834.0104

Hoac Foods India Ltd IPO Prospectus

Hoac Foods India Ltd IPO Listing Date

Listing Date24 May 2024
BSE Script 92884
NSE SymbolHOACFOODS
Listing In NSE - SME
ISININE0S6S01017
IPO Price48
Face Value10

Company Contact Information

Hoac Foods India Ltd
D-498 1st Flr Palam Extn Sec 7Dwarka R.Nagar II S.W.Delhi,Delhi-110077
Phone: +91 85272 73940
Email: info@attahariom.com
Website: www.hoacfoodsindia.com

Hoac Foods India Ltd IPO Registrar

Phone:+91 40 6716 2222
Email: hoacfoods.ipo@kfintech.com;
Website: www.kfintech.com

Hoac Foods India Ltd IPO Lead Manager(s)

  1. GYR Capital Advisors Pvt Ltd

FAQ

What is the issue size of Hoac Foods India Ltd IPO?

Hoac Foods India Ltd IPO, which opens for subscription from to 21 May 2024 has an issue size of ₹5.54 crore. The issue type is book building issue.

I have pre-applied for Hoac Foods India Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

What are the open and close dates for Hoac Foods India Ltd IPO?

Hoac Foods India Ltd IPO Opens for subscription from 16 May 2024 to 21 May 2024

What is the lot size and minimum order quantity of the Hoac Foods India Ltd IPO?

The lot size of Hoac Foods India Ltd is 3,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,44,000 and ₹1,44,000 respectively.

What are the allotment dates for the Hoac Foods India Ltd IPO?

Allotment date for Hoac Foods India Ltd is 22 May 2024 and refund of application amount (in case allotment is not received) will begin from 23 May 2024. If your allotment goes through, then shares will be credited in your Demat account by 23 May 2024.

Who is the registrar of Hoac Foods India Ltd IPO?

The registrar for Hoac Foods India Ltd IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

Where is the Hoac Foods India Ltd IPO getting listed?

The shares of Hoac Foods India Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)