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HOACFOODSSME / NSEListed
HOAC Foods India

HOAC Foods India Limited was founded in 2018 and is known for making high-quality flour, spices, and food products under the brand name "HARIOM". Based in Delhi-NCR, the company offers a wide range of products like chakki atta (flour), spices, herbs, pulses, grains, and yellow mustard oil. Their manufacturing unit is located in Gurugram, ensuring top-notch quality and efficiency. As of December 31, 2023, HOAC Foods operates 10 Exclusive Brand Outlets — 4 company-owned and 6 franchise stores — selling only their products. With a team of 12 sales and marketing professionals and 50 employees overall, the company is growing fast. HOAC Foods reported revenues of ₹1,148.59 lakhs for the nine months ending December 31, 2023, showing consistent growth over the past few years. Offering 153 product SKUs, HOAC Foods is carving its place in the competitive food market with a focus on quality, innovation, and customer satisfaction.

DRHP
₹48 - ₹481994.62x sub
Listed Price₹147.00
Listing Gain+206.25%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open16 May 2024
Close21 May 2024
Allotment22 May 2024
Listing24 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail5,34,000 shares
46.23%
Other5,28,000 shares
45.7%
Market Maker93,000 shares
8.05%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,44,000
HNI2 Lots (6,000 shares)
₹2,88,000

Company Promoters

Mr. Rambabu ThakurMrs. Gaytri ThakurYashwant Thakur

Company Background

HOAC Foods India Limited was founded in 2018 and is known for making high-quality flour, spices, and food products under the brand name "HARIOM". Based in Delhi-NCR, the company offers a wide range of products like chakki atta (flour), spices, herbs, pulses, grains, and yellow mustard oil. Their manufacturing unit is located in Gurugram, ensuring top-notch q...

Lead Managers & Bankers

GYR Capital Advisors Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹1154.71 Cr
Growth+54.7%
Revenue Trend (₹ in Crores)
0.0467.3934.61.4kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-231,154.7174.50766.40204.05
Mar-231,219.0558.79491.72190.38
Mar-221,094.0327.33359.71147.50
Mar-21746.2812.85208.33128.08

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-232.8423.60%23.43%4.0921.95
Mar-233.1937.48%30.12%00
Mar-222.3127.87%21.97%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
22 May 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
24 May 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for HOAC Foods India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization22 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 May 2024Trading commences on exchange

How to Check HOAC Foods India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select HOAC Foods India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About HOAC Foods India IPO

Complete issue overview for HOAC Foods India (HOACFOODS) IPO. The issue features an equity share price band of ₹48 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,44,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions