Contents
- 1 Table of Contents
- 2 Hariom Atta & Spices IPO Details
- 3 Hariom Atta & Spices IPO Date
- 4 Hariom Atta & Spices IPO Lot Size
- 5 Hariom Atta & Spices IPO GMP Today
- 6 Hariom Atta & Spices IPO Subscription Status
- 7 Hariom Atta & Spices IPO Allotment Status
- 8 Know About Hariom Atta & Spices Limited or HOAC Foods India Limited
- 9 Hariom Atta & Spices Limited Promoters Holding
- 10 Objects of the Issue IPO
- 11 Hariom Atta & Spices Limited Financial Report (Restated)
- 12 Key Performance Indicator (KPI) of Hariom Atta & Spices Limited
- 13 Peer Group Comparison Of Hariom Atta & Spices Limited
- 14 Review
- 15 FAQs
Hariom Atta & Spices IPO (HOAC Foods India Limited IPO) is offering 11.55 lakh fresh shares at a fixed price of Rs 48 per share, totalling Rs 5.54 crores. The Hariom Atta & Spices IPO opens for subscription on May 16, 2024, and closes on May 21, 2024.
The allotment is expected to be finalized on May 22, 2024, with a listing on NSE SME scheduled for May 24, 2024.
For retail investors, the minimum lot size is 3000 shares, requiring a minimum investment of Rs 144,000. High Net Worth Individuals (HNI) need to apply for 2 lots, totalling 6000 shares and an investment of Rs 288,000.
Table of Contents
Referring Document – Hariom Atta & Spices RHP
Hariom Atta & Spices IPO Details
| Open Date | May 16, 2024 |
| Close Date | May 21, 2024 |
| Listing Date | May 24, 2024 |
| IPO Size | 11.55 Lakh Shares (aggregating up to ₹5.54 Cr) |
| Fresh Issue | 11,55,000 Shares of ₹10 Face Value (aggregating up to ₹5.54 Cr) |
| Face Value | ₹10 per share |
| IPO Price Band | ₹48 per share |
| IPO Listing on | NSE SME |
| Lot Size | 3000 Shares |
| OFS | N.A. |
| Share Offered to Retail | 50% of the total issue share |
| Share Offered to QBI | 50% of the total issue share |
| Share Offered to HNI |
Hariom Atta & Spices IPO Date
| IPO Open Date | May 16, 2024 |
| IPO Close Date | May 21, 2024 |
| Basis of Allotment | May 22, 2024 |
| Initiation of Refunds | May 23, 2024 |
| The credit of Shares | May 23, 2024 |
| Listing Date | May 24, 2024 |
Hariom Atta & Spices IPO Lot Size
| Applicents | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹144,000 |
| Retail (Max) | 1 | 3000 | ₹144,000 |
| HNI (Min) | 2 | 6,000 | ₹288,000 |
Hariom Atta & Spices IPO GMP Today
The Grey Market Premium (GMP) for Hariom Atta & Spices NSE Emarge IPO has commenced from the first session. We’ll be providing daily updates on the GMP and additional details.
Stay tuned to stay informed about the daily performance of the Hariom Atta & Spices IPO’s Gray Market Premioum and the expected listing price. See IPO GMP Live >>
Hariom Atta & Spices IPO Subscription Status
For real-time updates on the subscription status of the Hariom Atta & Spices IPO, kindly navigate to our “IPO Subscription Status Live” section in the menu or click the provided link. The subscription window for the Hariom Atta & Spices IPO commences on May 16, 2024.
Hariom Atta & Spices IPO Allotment Status
You can check the allotment status for the Hariom Atta & Spices IPO by following these steps. First, click the link Link – ” IPO Allotment Status” Then, select the IPO Name from the options. After that, enter either your Application Number or PAN Number.
After entering the required information, click submit and view the allotment status of the IPO. You may watch the IPO allotment status around the expected date of May 22, 2024.
Know About Hariom Atta & Spices Limited or HOAC Foods India Limited
- Founded in 2018, HOAC Foods India Limited specializes in manufacturing flour, spices, and other food items.
- The company markets its products under the brand name “HARIOM” and primarily operates in the Delhi-NCR region.
- It owns 4 Exclusive Brand Outlets while 6 are operated by franchisees, totaling 10 outlets as of December 31, 2023.
- The company’s product range includes flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil.
- Sales and marketing operations are supported by a team of 12 employees.
- HOAC Foods India Limited runs its manufacturing operations from Gurugram.
- Operational revenues for the nine months ending December 31, 2023, and for the fiscal years ending in 2023, 2022, and 2021 were ₹1,148.59 lakhs, ₹1,208.56 lakhs, ₹1,087.27 lakhs, and ₹742.26 lakhs, respectively.
- The company offers a diverse portfolio of 153 product SKUs, comprising ground and blended spices.
- As of December 31, 2023, the company has a total workforce of 50 employees across various departments.
Hariom Atta & Spices Limited Promoters Holding
- The promoters of HOAC Foods India Limited are Mr. Rambabu Thakur, Mrs. Gaytri Thakur, and Yashwant Thakur.
- Shareholding pre-issue stands at 99.99%.
- Post-issue, the shareholding will be reduced to 69.95%.
Objects of the Issue IPO
a) Funding the working capital requirements of the company
b) General Corporate Purposes
Hariom Atta & Spices Limited Financial Report (Restated)
| Particulars | For the Period / Year ended on (₹ in Lakh) | |||
| 31 December 2023 | 31 March 2023 | 31 March 2022 | 31 March 2021 | |
| Liabilities | 766.40 | 491.72 | 359.71 | 208.33 |
| Assets | 766.40 | 491.72 | 359.71 | 208.33 |
| Revenue | 1,154.71 | 1,219.05 | 1,094.03 | 746.28 |
| PAT (Profit After Tax) | 74.50 | 58.79 | 27.33 | 12.85 |
| Net Worth | 315.73 | 156.86 | 98.07 | 32.26 |
Key Performance Indicator (KPI) of Hariom Atta & Spices Limited
| Particulars | For the period ended 31st December, 2023 | For the year ended March 31 |
|---|---|---|
| Revenue from Operations (₹ in Lakhs) | 1,148.59 | 1,208.56 |
| Growth in Revenue from Operations (%) | 11.16% | 46.48% |
| Other Income (₹ in Lakhs) | 6.12 | 10.49 |
| Total Income (₹ in Lakhs) | 1,154.71 | 1,219.05 |
| EBITDA (₹ in Lakhs) | 131.72 | 114.39 |
| EBITDA Margin (%) | 11.41% | 9.38% |
| Profit After Tax (₹ in Lakhs) | 74.50 | 58.79 |
| PAT Margin (%)* | 6.49% | 4.86% |
| ROE (%) | 23.60% | 37.48% |
| ROCE (%) | 23.43% | 30.12% |
Peer Group Comparison Of Hariom Atta & Spices Limited
| Name of the Company | CMP* | EPS (₹) | Face Value (₹) | P/E Ratio* | RoNW (%) | NAV Per Share | Total Income (₹ in lakhs) |
|---|---|---|---|---|---|---|---|
| Contil India Limited | 155.00 | 2.01 | 10 | 77.11 | 8.46% | 2381.46 | 920.69 |
| Jetmall Spices and Masala Limited | 16.00 | 0.49 | 10 | 32.65 | 0.03% | 16.22 | 363.68 |
| HOAC Foods India Limited | 48.00 | 2.84 | 10 | 16.90 | 0.37% | 11.74 | 1219.05 |
Hariom Atta & Spices IPO Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad-500 032, Telangana, India.
Tel No.: +91 40 6716 2222 Fax: +91 40 2343 1551
Website: www.kfintech.com;
Email: hoacfoods.ipo@kfintech.com;
Investor Grievance Email: einward.ris@kfintech.com;
Hariom Atta & Spices IPO Book Running Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej, Ahmedabad- 380054,
Gujarat, India.
Tel. No.: +91-79-48407357
Email: mb@beelinemb.com
Website: www.beelinemb.com
Investor Grievance Email: ig@beelinemb.com
Hariom Atta & SpicesLimited Contact
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower, Drive in Road, Thaltej,
Ahemdabad-380 054, Gujarat, India.
Telephone: +91 8777564648
E-mail id: info@gyrcapitaladvisors.com
Website: www.gyrcapitaladvisors.com;
Investor Grievance e-mail ID: investors@gyrcapitaladvisors.com
Hariom Atta & Spices Limited IPO Application Form PDF
To download theHariom Atta & Spices IPO application form click on Application Form Download ASBA IPO Forms PDF.
Review
Cash Flow is week otherwise good. May Apply.
FAQs
What is the opening and closing date of the Hariom Atta & Spices IPO?
The IPO opens for subscription on May 16, 2024, and closes on May 21, 2024.
When is the listing date for the Hariom Atta & Spices IPO?
The IPO is scheduled to be listed on NSE SME on May 24, 2024.
What is the minimum lot size and investment for retail investors?
The minimum lot size for retail investors is 3000 shares, requiring a minimum investment of Rs 144,000.
