HOAC Foods India Limited IPO Subscriptions Status Live Today
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May 16, 2024 - May 21, 2024
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HOAC Foods India Limited IPO Details
Issue Open | 16 May 2024 |
Issue Close | 21 May 2024 |
IPO Price | ₹48 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹5.54 Cr. |
Listing At | NSE, SME |
IPO Lot Size | 3000 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially sophisticated investors, such as mutual funds, insurance companies, pension funds, and hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
- Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII -
"sNII" stands for "Small Non-Institutional Investor." This
subcategory includes investors who have bid for shares worth between Rs. 2
lakhs and Rs. 10 lakhs in an IPO.
2. bNII -
"bNII"
stands for "Big Non-Institutional Investor." This subcategory
includes investors who have bid for shares worth more than Rs. 10 lakhs in an
IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
- Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
- Others- A category of eligible shareholders or other investors with a reserved IPO quota.
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.
Minimum and maximum order quantity is 1 lot only.
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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