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HOAC Foods India Limited IPO Date, Price, Review and Details

 

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HOAC Foods India Limited IPO

May 16, 2024 - May 21, 2024 Closed

HOAC Foods India Limited IPO

HOAC Foods India Limited IPO was engaged in produce chakki atta (flour), herbs, spices, unpolished pulses, grains, and yellow mustard oil. Their products are sold under the brand name "HARIOM" through their Exclusive Brand Outlets in and around Delhi-NCR. They carefully select their raw materials from different regions of the country and process them without any artificial preservatives or chemicals. This approach allows them to create an organic product range of spices and flour, preserving the freshness and natural goodness of each ingredient. Their strategy has enabled them to enter and thrive in the specialized market segment of Delhi-NCR, building a loyal customer base.

Company Promoters:

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

Objects of this Issue:

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2024

As on 30 March 2023

As on 31 Mar 2022

Total Assets

491.72

359.71

208.33

Total Liabilities

356.56

283.34

186.07

Net Profit

58.79

27.33

12.85

HOAC Foods India Limited IPO Schedule

1.     Bid or Offer Opens on: 16 May 2024
2.     Bid or Offer Closes on: 21 May 2024
3.     Finalization of BoA: 22 May 2024
4.     Initiation of Refunds: 23 May 2024
5.     Credit of shares to Demat account: 23 May 2024
6.     Listing Date: 24 May 2024

HOAC Foods India Limited IPO Lot Size

The market lot size of HOAC Foods India Limited IPO is 6,000 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  3000

₹144,000

Maximum

1

  3000

₹144,000

S-HNI(Minimum)

2

  6,000

₹288,000

Company Contact Details:

D-498, 1st Floor Palam Extension

Sector-7 Dwarka, Raj Nagar - II, South West Delhi,

New Delhi, Delhi, India, 110077

Phone: +91 85272 73940

Email: info@attahariom.com

Website: https://www.hoacfoodsindia.com/

 

HOAC Foods India Limited IPO Registrar Details:

KFIN TECHNOLOGIES LIMITED

Selenium Tower- B, Plot 31-32, Gachibowli, Financial District,

Nanakramguda, Serilingampally, Hyderabad-500 032, Telangana, India

Telephone: +91 40 6716 2222

Email: hoacfoods.ipo@kfintech.com

Website:  www.kfintech.com


Frequently Asked Question

Investors should consider the following risks: 1. Market volatility affecting share prices, 2. Business risks specific to the food industry, including raw material prices and supply chain issues, 3. Regulatory risks and compliance requirements.
Pre-issue shareholding of the HOAC Foods India Limited IPO promoter is 99.99%.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in quest laboratories private limited using any neatest method at your convenience.
The primary objectives of the IPO are: 1. To raise capital for expansion and growth, 2. To repay certain borrowings, 3. To meet general corporate purposes.
Opening date of HOAC Foods India Limited IPO is May 16, 2024.
Post-issue shareholding of the HOAC Foods India Limited IPO promoter is 69.95%.
HOAC Foods India Limited IPO share price ₹48 per share.
The face value of HOAC Foods India Limited IPO is ₹10 per share.
You will receive on Hoac Foods India Pvt Ltd shares in your Demat account on May 22, 2024, if allotted.
HOAC Foods India Limited IPO shares will get listed on May 24, 2024.
HOAC Foods India Limited IPO limited share price Shares will be listed at NSE SME.
The meaning of " HOAC Foods India Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of HOAC Foods India Limited IPO on the current day.
If you do not get the allotment of on HOAC Foods India Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Lot size of the HOAC Foods India Limited IPO is 3000 shares.
Closing date of HOAC Foods India Limited IPO is May 21, 2024.
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