Hariom Atta IPO Details ( Hariom Atta & Spices IPO Review )
(16 May 2024 – 21 May 2024)
Established in 2018, HOAC Foods India Limited specializes in producing high-quality flour, spices, and other food products. Our brand “HARIOM” proudly offers a wide range of products, including chakki atta (whole wheat flour), herbs and spices, unpolished pulses, grains, and yellow mustard oil. These products are available through our exclusive brand outlets in Delhi-NCR.
Our Presence
By December 31, 2023, HOAC Foods had expanded to 10 Exclusive Brand Outlets in the Delhi-NCR region. Out of these, 4 are company-owned and 6 are operated by franchisees. Each outlet exclusively sells our products, supported by a dedicated sales and marketing team of 12 professionals.
Manufacturing and Workforce
Our manufacturing facility is located in Gurugram, ensuring the highest standards of quality and efficiency. As of December 31, 2023, HOAC Foods employs a dedicated team of 50 professionals across various departments, driving our mission to deliver excellence.
Financial Growth
HOAC Foods has shown consistent financial growth. For the nine months ending on December 31, 2023, we recorded operational revenues of ₹ 1,148.59 lakhs. Our financial performance for the fiscal years ending in 2023, 2022, and 2021 were ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
Product Range
Our diverse product portfolio features 153 different SKUs of ground and blended spices, catering to the varied tastes and preferences of our customers.
Explore the rich flavors and quality of HOAC Foods, where tradition meets taste in every bite.
HOAC Foods India Limited IPO Competitive Strength
- Sustainable business model
- Diversified Product Portfolio capable of capturing growing Indian Flour, Spice & food market
- Omnichannel Approach
- In-house Manufacturing capabilities
- Consistent focus on quality and maximum nutritional value
- Strong and stable management team with proven ability
- Long Standing Relationship with our customers
- Robust Supply-chain Management
Hariom Atta IPO Financials Performance ( Results )
HOAC Foods India Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 208.33 | 746.28 | 12.85 | 32.26 | 22.26 | 128.08 |
| 31-Mar-22 | 359.71 | 1,094.03 | 27.33 | 98.07 | 76.37 | 147.50 |
| 31-Mar-23 | 491.72 | 1,219.05 | 58.79 | 156.86 | 135.16 | 190.38 |
| 31-Dec-23 | 766.40 | 1,154.71 | 74.50 | 315.73 | 46.91 | 204.05 |
Objective of Hariom Atta IPO Issue
- Funding the working capital requirements of the company
- General Corporate Purposes
Hariom Atta IPO Basic Details
| IPO Date | May 16, 2024 to May 21, 2024 |
| Listing Date | Friday, May 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹48 per share |
| Lot Size | 3000 Shares |
| Issue Size | 1,155,000 shares of ₹10 (aggregating up to ₹5.54 Cr) |
| Fresh Issue | 1,155,000 shares of ₹10 (aggregating up to ₹5.54 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 2,688,210 |
| Share holding post issue | 3,843,210 |
| Company Promoters | Mr. Rambabu Thakur, Mrs. Gaytri Thakur and Yashwant Thakur |
HOAC Foods India IPO Reservation
| Market Maker Shares Offered | 8.05% of the Net Issue |
| Other Shares Offered | 45.97% of the Net Issue |
| Retail Shares Offered | 45.97% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Hariom Atta IPO Timetable
Hariom Atta IPO will open on May 16, 2024 and close on May 21, 2024. You can join Hariom Atta IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 16 May 2024 (Thursday) |
| Closing Date | 21 May 2024 (Tuesday) |
| Basis of Allotment | 22 May 2024 (Wednesday) |
| Initiation of Refunds | 23 May 2024 (Thursday) |
| Credit of Shares to Demat | 23 May 2024 (Thursday) |
| Listing Date | 24 May 2024 (Friday) |
| Deadline for UPI mandate confirmation | 5 PM on 21 May 2024 |
Hariom Atta & Spices IPO Lot Size
For retail investors in Hariom Atta & Spices IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹144,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹144,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹144,000 |
| Retail (Max) | 1 | 3000 | ₹144,000 |
| S-HNI (Min) | 2 | 6000 | ₹288,000 |
HOAC Foods IPO Promoter Holding
The company’s promoters include Mr. Rambabu Thakur, Mrs. Gaytri Thakur and Yashwant Thakur.
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 69.95% |
Hariom Atta & Spices Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 18.45 |
| Earning Per Share (EPS) | ₹3.19 per Equity Share |
| Net Asset Value (NAV) | ₹72.29 per Equity Share |
| P/E Ratio (P/E) (x) | 21.95 |
| Post P/E Ratio (P/E) (x) | 18.57 |
| Return on Net Worth (RoNW) (%) | 23.60 |
| Return on equity (ROE) (%) | 23.60 |
| Return on Capital Employed (ROCE) (%) | 23.43 |
| Debt/Equity Ratio | 0.27 |
| Price/Book Value Ratio | 4.09 |
Hariom Atta IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹111 | – | – |
| 19 May 2024 | ₹101 | – | – |
| 18 May 2024 | ₹101 | – | – |
| 17 May 2024 | ₹100 | – | – |
| 16 May 2024 | ₹75 | – | – |
| 15 May 2024 | ₹55 | – | – |
Hariom Atta IPO Detail Video:
Hariom Atta IPO Subscription Status (Bidding Detail)
The Hariom Atta IPO on May 21, 2024 at 7:29:00 PM was subscribed 2,013.64 times, with the retail category being subscribed 2,556.46 times, the other category being subscribed 1,432.60 times.
| Category | Subscription |
| Other | 1,432.60x |
| Retail | 2,556.46x |
| Total | 2,013.64x |
Hariom Atta & Spices IPO Prospectus
Hariom Atta IPO Rating
| Our Rating | 4.0/5.0 |
Hariom Atta Company Contact Information
Hariom Atta & Spices Limited
Registered Office: D-498, 1st Floor Palam Extension Sector-7 Dwarka, Raj Nagar – II, South West Delhi, New Delhi, Delhi, India, 110077
Telephone: +91 85272 73940
Email: info@attahariom.com
Website: www.hoacfoodsindia.com
Contact Person: Ms. Bhawna Agarwal, Company Secretary and Compliance Officer
Promoters of Our Company: Mr. Rambabu Thakur, Mrs. Gaytri Thakur and Mr. Yashwant Thakur
Hariom Atta IPO Registrar
Kfin Technologies Limited
Registered Office: 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
Contact Person: Mr. M Murali Krishna
SEBI Registration No.: INR000000221
CIN: L72400TG2017PLC117649
Hariom Atta IPO Lead Manager
GYR Capital Advisors Private Limited
Registered Office: 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
Contact Person: Mr. Mohit Baid
SEBI Registration Number: INM000012810
CIN: U67200GJ2017PTC096908
Hariom Atta IPO FAQs
What is the lot size of Hariom Atta IPO?
The total size of Hariom Atta IPO is ₹5.54 crores and this is a complete fresh Issue.
When will Hariom Atta IPO start?
Hariom Atta IPO will open from 16 May 2024 and IPO will close on 21 May 2024.
What is the open date of Hariom Atta IPO?
Hariom Atta IPO will open date from 16 May 2024.
What is the last date ( close date ) of Hariom Atta IPO?
Hariom Atta IPO will close from 21 May 2024.
What is the price band of Hariom Atta IPO?
Hariom Atta IPO price band is ₹48.
What is the minimum amount required to apply for Hariom Atta IPO?
The minimum investment for retailers to apply for Hariom Atta IPO is ₹144,000 and the maximum investment is ₹144,000.
What is going on gray market premium of Hariom Atta IPO?
View gray market premium of Hariom Atta IPO by Clicking Here
How much is the GMP of Hariom Atta IPO?
Watch Hariom Atta IPO GMP Today: Click Here
What is the allotment date of Hariom Atta IPO?
The allotment date of Hariom Atta IPO is 22 May 2024.
How to check allotment status in Hariom Atta IPO?
To check the allotment status of Hariom Atta IPO, first of all go to the registrar website by clicking here, select your bad Hariom Atta IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Hariom Atta IPO?
The listing date of Hariom Atta IPO is 24 May 2024.
How much will be the listing gain in Hariom Atta IPO?
View listing gain of Hariom Atta IPO by Clicking Here
How much time Hariom Atta IPO is subscribed?
Total 2,013.64 times subscribed in Hariom Atta IPO out of which 2,556.46 times subscription was done in retail quota, 1,432.60 times subscription in other quota.
How to apply for Hariom Atta IPO from Upstox?
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How to apply for Hariom Atta IPO from Angle One?
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