The Hariom Atta IPO started on May 16, 2024, and ended on May 21, 2024. Shares were allocated on May 22, 2024, and refund processes began on May 23, 2024. On May 23, 2024, the shares were credited to investors demat accounts. Hariom Atta was officially listed on the stock exchange on May 24, 2024.
During the IPO, Hariom Atta & Spices offered shares at a price range of ₹48 per share, and the lot size was 3000 shares. The total issue size was ₹5.54 crores, with ₹5.54 crores from new shares. The IPO was listed on the NSE SME.
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Hariom Atta IPO Subscription Status
The Hariom Atta IPO on May 21, 2024 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 Basic Details
| Company Name | HOAC Foods India Limited |
| 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 |
About HOAC Foods India Limited
Founded in 2018, HOAC Foods India Limited specializes in producing flour, spices, and other food products under the brand name “HARIOM.” They offer a range of items, including chakki atta (whole wheat flour), herbs, spices, unpolished pulses, grains, and yellow mustard oil. These products are sold primarily through exclusive brand outlets in and around the Delhi-NCR region.
By December 31, 2023, HOAC Foods had established 10 exclusive brand outlets: 4 owned by the company and 6 operated by franchisees. These outlets exclusively sell HOAC Foods’ products, supported by a dedicated sales and marketing team of 12 employees.
The company’s manufacturing facility is located in Gurugram.
For the nine months ending December 31, 2023, HOAC Foods reported operational revenues of ₹ 1,148.59 lakhs. In the fiscal years 2023, 2022, and 2021, their revenues were ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
HOAC Foods offers a diverse range of products with 153 different SKUs of ground and blended spices.
As of December 31, 2023, the company employed a total of 50 people across various departments.
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Hariom Atta IPO FAQs
What is the start and end date of Hariom Atta IPO Subscription?
The Hariom Atta IPO started on May 16, 2024, and ended on May 21, 2024.
When does Hariom Atta IPO Subscription open?
The Hariom Atta IPO open on May 16, 2024.
When does Hariom Atta IPO Subscription close?
The Hariom Atta IPO Close on May 21, 2024.
What is the allotment date of Hariom Atta IPO?
The allotment date for Hariom Atta IPO is May 22, 2024.
When is the initial refund date of Hariom Atta IPO?
The initial Refund date for Hariom Atta IPO is May 23, 2024.
When were the shares credited to investors demat accounts for the Hariom Atta IPO?
The shares for the Hariom Atta IPO were credited to investors demat accounts on May 23, 2024.
When will Hariom Atta IPO be listed on the stock market?
Hariom Atta IPO stock market will be listed on May 24, 2024 at 10 am.
What was the price range of the Hariom Atta IPO shares?
The Hariom Atta IPO shares were offered at a price range of ₹48 per share.
What was the lot size for the Hariom Atta IPO shares?
The lot size for the Hariom Atta IPO shares was 3000 shares.
What was the total issue size of the Hariom Atta IPO?
The total issue size of the Hariom Atta IPO was ₹5.54 crores.
On which stock exchanges was the Hariom Atta IPO listed?
The Hariom Atta IPO was listed on the NSE SME.
What is the Hariom Atta IPO Subscription Status?
Hariom Atta IPO is subscribed 2,013.64 Times.
