Loading...
Guest User
Welcome! Please login.
| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹5.54 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹5.54 Cr |
| Fresh Issue | ₹5.10 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹48.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | HOACFOODS |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 2018, HOAC Foods India Limited is a manufacturer of flour, spice, and other food products. The brand name "HARIOM" is used to market and sell flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in and around Delhi-NCR through exclusive brand outlets.
As of Dec 31, 2023, the company had 10 Exclusive Brand Outlets which consisted of 4 owned by the company and 6 owned by franchisees. The outlets sold only the company's products, and the sales and marketing team had 12 employees.
The company has a manufacturing facility in Gurugram.
The company's operational revenues for the nine months ended on December 31, 2023, and for the financial years ending on Fiscals 2023, 2022, and 2021 were ₹ 1,148.59 lakhs, ₹ 1,208.56 lakhs, ₹ 1,087.27 lakhs, and ₹ 742.26 lakhs, respectively.
The product portfolio of the company consists of 153 product SKUs of ground and blended spices.
As of December 31, 2023, the company employs 50 people in various departments.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company | 3.50 |
| 2 | General Corporate Purpose | 1.46 |
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 7.66 | 4.92 | 3.60 | 2.08 |
| Total Income | 11.55 | 12.19 | 10.94 | 7.46 |
| Profit After Tax | 0.75 | 0.59 | 0.27 | 0.13 |
| NET Worth | 3.16 | 1.57 | 0.98 | 0.32 |
| Reserves and Surplus | 0.47 | 1.35 | 0.76 | 0.22 |
| Total Borrowing | 2.04 | 1.90 | 1.48 | 1.28 |
| Amount in ₹ Crore | ||||
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 23.60% |
| ROCE | 23.43% |
| Debt / Equity | 0.27% |
| RoNW | 23.60% |
| PAT Margin | 6.49% |
| Price to Book Value | 4.09 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 2.19 | 2.58 |
| P/E (x) | 21.95 | 18.57 |
| Promoter Holding | 99.99% | 69.95% |
| Market Cap | ₹18.45 Cr. | |
