STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

HOAC Foods India Limited IPO Review & Recommendations

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

HOAC Foods India Limited IPO

May 16, 2024 - May 21, 2024 Closed

HOAC Foods India Limited IPO Review

HOAC Foods India Limited IPO make and sell a variety of fresh, organic products including flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. They carefully select their raw materials from across India and process them without any artificial preservatives or chemicals. Their products, available at their exclusive brand outlets in Delhi-NCR, bring you the natural goodness and freshness of each ingredient. Their senior management team is highly qualified and experienced in producing and selling consumer goods, sourcing agricultural products, and managing franchise relationships. They believe this positions them fuswell to seize future growth opportunities and ensure their ongoing success.

Hoac foods India pvt ltd Competitive Strengths are Sustainable business model, Diversified Product Portfolio capable of capturing growing Indian Flour, Spice & food market, Cluster-based distribution through retail outlet network, they have installed specialized cleaning and grinding equipment to process different spices into powders, such as chili, turmeric, cumin, and coriander. Most of their manufacturing processes are automated, reducing the reliance on physical labor. However, their skilled and experienced staff manage essential tasks like cleaning, sorting, and packing, as well as maintaining sanitary storage areas.

HOAC Foods India Limited Products and Services

B h a foods pvt ltd flour range includes MP Sharbati Atta, MP Lok One Atta, Multi-grain Atta, and other healthy flour. Over the years, they’ve used their knowledge of consumer tastes and preferences to create a diverse product range. This has strengthened their presence in the Delhi-NCR region, particularly in the Indian flour, spice, and food markets. As of now, their product portfolio includes 153 SKUs across flour categories: Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products, catering to a wide variety of tastes and preferences.

Their Business Strategies are enhancing their presence in their core market of Delhi-NCR and other Metropolitan cities, continue to strengthen their existing product portfolio and diversify into products with attractive growth and profitability prospects, Modernization and Expansion in the existing manufacturing facility, Increasing Same Store Sales Growth.

Financial Overview  

The company operates in a highly competitive and fragmented market and has shown average financial performance in the reported periods. Based on annualized FY24 earnings, the pricing seems fair. With a small equity capital post-IPO, it may take longer to see significant returns. Investors who are well-informed and have extra funds might consider investing moderately for the medium term.

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.
Comments for HOAC Foods India Limited IPO Review & Recommendations

0 comments