The Hariom Atta IPO commenced on May 16, 2024, and concluded on May 21, 2024. The allotment of shares took place on May 22, 2024, and the initiation of refunds began on May 23, 2024. The shares were credited to the demat accounts of investors on May 23, 2024. Finally, the listing of HOAC Foods on the stock exchange occurred on May 24, 2024.
The HOAC Foods IPO was priced at ₹48 per share, with a lot size of 3000 shares. The total issue size was ₹5.54 crores, comprising a fresh issue of ₹5.54 crores. The IPO was listed on the NSE SME.
Hariom Atta IPO Basic Details
| Company Name | HOAC Foods India Limited |
| Hariom Atta IPO GMP Today | ₹111 |
| Hariom Atta IPO Listing Gain | 231.25% |
| Hariom Atta IPO Open Date | May 16, 2024 |
| Hariom Atta IPO Close Date | May 21, 2024 |
| Hariom Atta IPO Allotment Date | May 22, 2024 |
| Hariom Atta IPO Listing Date | 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 |
| Company Promoters | Mr. Rambabu Thakur, Mrs. Gaytri Thakur and Yashwant Thakur |
Hariom Atta IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹111 | 231.25% | – | – |
| 19 May 2024 | ₹101 | 210.42% | – | – |
| 18 May 2024 | ₹101 | 210.42% | – | – |
| 17 May 2024 | ₹100 | 208.33% | – | – |
| 16 May 2024 | ₹75 | 156.25% | – | – |
| 15 May 2024 | ₹55 | 114.58% | – | – |
| 14 May 2024 | ₹50 | 104.17% | – | – |
Hariom Atta & Spices IPO Details:
Established in 2018, HOAC Foods India Limited specializes in producing flour, spices, and other food products. They market their goods under the brand name “HARIOM,” offering products like chakki atta (flour), herbs, spices, unpolished pulses, grains, and yellow mustard oil. These products are sold through exclusive brand outlets in the Delhi-NCR region.
By the end of 2023, HOAC Foods operated 10 Exclusive Brand Outlets, with 4 owned directly by the company and 6 run by franchisees. These outlets exclusively sell HOAC Foods products, supported by a sales and marketing team of 12 employees. The company’s manufacturing facility is located in Gurugram.
In terms of financial performance, HOAC Foods reported operational revenues of ₹ 1,148.59 lakhs for the nine months ending December 31, 2023. For the fiscal years ending in 2023, 2022, and 2021, the revenues were ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
HOAC Foods offers a wide range of products with 153 different SKUs of ground and blended spices. As of December 31, 2023, the company employs 50 people across various departments.
Hariom Atta IPO More Details Click Here
Hariom Atta IPO FAQs
When is Hariom Atta IPO open?
Hariom Atta IPO will open on 16 May 2024.
When is Hariom Atta IPO Close?
Hariom Atta IPO will be closed on 21 May 2024.
What is Hariom Atta IPO GMP Today?
The Hariom Atta IPO GMP aka Grey Market Premium is ₹111.
What is Hariom Atta IPO Kostak Rates Today?
The Hariom Atta IPO Kostak Rate is ₹000.
What is Hariom Atta IPO Subject to Sauda Price Today?
The Hariom Atta IPO subject to sauda rates is ₹000.
Hariom Atta IPO Expected Returns?
The Hariom Atta expected return is 231.25%.
How much will be the listing gain in Hariom Atta IPO?
Hariom Atta IPO will get listing gain of 231.25%. (Approx.)
