HOAC Foods IPO GMP, Review, Price, Allotment

HOAC Foods IPO description – The company is engaged in the production of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. HOAC Foods markets & sells its products in and around Delhi-NCR under the brand name “HARIOM” through its exclusive brand outlets. The company handpicks raw materials from various parts of the country and processes products with utmost care without using artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour.

Currently, most of its sales are derived from Delhi-NCR region. Its franchisee network comprises of 4 company owned outlets and 6 franchisee-owned outlets, totalling 10 Exclusive Brand Outlets. This network is complemented by a sales and marketing team comprising of 12 employees, as of December 31, 2023. The company also relies on D2C platform through in-house built mobile application and website.

Its manufacturing facility is located at Bhondsi, Near Geeta Nand Ashram, Sohna, Gurugram-122012. HOAC Foods’ product portfolio comprises of 153 product SKUs of ground and blend spices, Wheat Flour (Chakki Atta).

Promoters of HOAC Foods – Mr Rambabu Thakur, Mrs Gaytri Thakur and Mr Yashwant Thakur

HOAC Foods IPO Details

HOAC Foods IPO Dates	16 – 21 May 2024
HOAC Foods Issue Price	INR 48 per share
Fresh issue	11,55,000 shares (INR 5.54 crore)
Offer For Sale	NIL
Total IPO size	11,55,000 shares (INR 5.54 crore)
Minimum bid (lot size)	3,000 shares (INR 1,44,000)
Face Value	INR 10 per share
Retail Allocation	50%
Listing On	NSE EMERGE

HOAC Foods Financial Performance

	FY 2021	FY 2022	FY 2023	9M FY 2024
Revenue	742.26	1,087.27	1,208.56	1,148.59
Expenses	728.55	1,056.27	1,137.54	1,051.72
Net income	12.85	27.33	58.79	74.50

Figures in INR Lakh unless specified otherwise

HOAC Foods Offer News

HOAC Foods Valuations & Margins

	FY 2021	FY 2022	FY 2023
EPS	1.51	2.31	3.19
PE ratio	–	–	15.05
RONW (%)	39.83	27.87	37.48
NAV	32.26	45.19	72.29
ROCE (%)	20.16	21.97	30.12
EBITDA (%)	4.77	5.46	9.38
Debt/Equity	1.67	0.54	0.32

*Compiled by IPO Central from Prospectus

HOAC Foods IPO GMP Today

HOAC Foods IPO Subscription – Live Updates

Coming soon

The market maker reservation portion of shares is not included in the above calculations.

HOAC Foods IPO Allotment Status

HOAC Foods IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

HOAC Foods IPO Dates & Listing Performance

IPO Opening Date	16 May 2024
IPO Closing Date	21 May 2024
Finalization of Basis of Allotment	22 May 2024
Initiation of refunds	23 May 2024
Transfer of shares to demat accounts	23 May 2024
HOAC Foods IPO Listing Date	24 May 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

HOAC Foods Offer Lead Manager

GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 8777564648
Email: [email protected]
Website: www.gyrcapitaladvisors.com

HOAC Foods Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: 91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

HOAC FOODS LIMITED
D-498, 1st Floor Palam Extension
Sector-7 Dwarka, Raj Nagar – II, South West Delhi,
New Delhi, Delhi, India, 110077
Phone: 85272 73940
E-mail: [email protected]
Website: www.hoacfoodsindia.com