Hariom Atta & Spices (HOAC Food) IPO Date, Review, Price, Allotment Details

Hariom Atta & Spices IPO Details: Hariom Atta & Spices IPO date is fixed, The IPO will open on May 16 and will close on May 21. Hariom Atta & Spices is a NSE SME IPO to raise ₹5.54 crores via IPO. The HOAC Food IPO price band is fixed at ₹48 with a market lot of 3000 shares.

Hariom Atta & Spices IPO

Table of Contents

HOAC Foods India Limited (Hariom Atta & Spices) is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in their product range and markets & sell it in and around Delhi-NCR under the brand name “HARIOM” through their Exclusive Brand Outlets. They handpick their raw materials from various parts of the country and process their products with utmost care without using artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient. Their model has helped them penetrate the niche segment of their market and establish a customer base in and around Delhi-NCR. Since its inception, its objective has been to produce high-quality natural spices and food products without artificial preservatives or synthetic substances. To achieve this, they have developed a business model in which they manufacture and package their products in quantities that can sustain a customer until the shelf life of the product, reducing waste and providing a diverse range of products with freshness and goodness.


Presently most of their sales are derived from the Delhi-NCR region. Their extensive franchisee network comprised of 4 company-owned outlets and 6 franchisee-owned outlets, tallying 10 Exclusive Brand Outlets Outlets which sell and market only their brand’s products, complemented by their sales and marketing team comprising 12 employees, as of December 31, 2023. They also rely on the D2C platform through their in-house built Mobile Application both on Google Play Store and Apple’s App Store and Company website which is available for sale of their products. They have implemented a franchisee management system that helps them coordinate with their franchise owners, and store managers and provides visibility on their inventory levels and franchisee and store sales, enabling them to optimize their distribution network and reduce the time between the food product manufactured in their facility to consumer’s kitchen which is around within same day to maximum 1 day. This strong approach towards good supply-chain management across different business processes enables them to preserve the freshness, taste, and nutritional value of their products.


Objects of the Issue:

  • Funding the working capital requirements of the company
  • General Corporate Purposes

Hariom Atta & Spices IPO Review

  • May Apply

Hariom Atta & Spices IPO (HOAC Foods India) Date & Price Band Details

IPO Open:May 16, 2024
IPO Close:May 21, 2024
IPO Size:Approx ₹5.54 Crores, 1,155,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹48 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
QIB Quota:[.]% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Hariom Atta & Spices IPO Market Lot

The Hariom Atta & Spices IPO minimum market lot is 3000 shares with a ₹144,000 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum13000₹144,000
Retail Maximum13000₹144,000
S-HNI Minimum26000₹288,000

Hariom Atta & Spices IPO (HOAC Foods India) Dates

The Hariom Atta & Spices IPO date is May 16 and the IPO close date is May 21. The IPO allotment date is May 22 and the IPO might list on May 24.

IPO Open Date:May 16, 2024
IPO Close Date:May 21, 2024
Basis of Allotment:May 22, 2024
Refunds:May 23, 2024
Credit to Demat Account:May 23, 2024
IPO Listing Date:May 24, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Hariom Atta & Spices IPO Form

How to apply Hariom Atta & Spices IPO? You can apply Hariom Atta & Spices IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Hariom Atta & Spices IPO in the Invest section. The other option you can apply Hariom Atta & Spices IPO via IPO forms download via the NSE website. Check out the Hariom Atta & Spices forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Hariom Atta & Spices Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹7.46₹7.29₹0.13
2022₹10.94₹10.56₹0.27
2023₹12.19₹11.38₹0.59
Dec 2023₹11.55₹10.52₹0.74

Hariom Atta & Spices IPO Valuation – FY2023

Check Hariom Atta & Spices IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹3.19 per Equity Share
Price/Earning P/E Ratio:15.05
Return on Net Worth (RoNW):37.48%
Net Asset Value (NAV):₹72.29 per Equity Share

Peer Group

  • Contil India Limited
  • Jetmall Spices and Masala

Company Promoters

  • Mr. Rambabu Thakur
  • Mrs. Gaytri Thakur
  • Yashwant Thakur

Hariom Atta & Spices IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Hariom Atta & Spices IPO Allotment Status

Check Hariom Atta & Spices IPO allotment status on Kfin Technologies website URL. Click Here

Hariom Atta & Spices IPO Lead Managers aka Merchant Bankers

  • GYR Capital Advisors Private Limited

Company Address

HOAC Foods India Limited
D-498, 1st Floor Palam Extension
Sector-7 Dwarka, Raj Nagar – II,South West Delhi
New Delhi- 110077
Phone : +91 85272 73940
Email : [email protected]
Website : https://hoacfoodsindia.com/

Hariom Atta & Spices IPO FAQs


What is Hariom Atta & Spices IPO?

Hariom Atta & Spices IPO is an NSE SME IPO. They are going to raise ₹5.54 Crores via IPO. The issue is priced at ₹48 per equity share. The IPO is to be listed on NSE.

When Hariom Atta & Spices IPO will open?

The IPO is to open on May 16, 2024 for QIB, NII, and Retail Investors.

What is Hariom Atta & Spices IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Hariom Atta & Spices IPO?

You can apply Hariom Atta & Spices IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Hariom Atta & Spices IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Hariom Atta & Spices”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Hariom Atta & Spices IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Hariom Atta & Spices”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Hariom Atta & Spices IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Hariom Atta & Spices”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Hariom Atta & Spices IPO Size?

Hariom Atta & Spices IPO size is ₹5.54 crores.

What is Hariom Atta & Spices IPO Price Band?

Hariom Atta & Spices IPO Price Band is ₹48 per equity share.

What is Hariom Atta & Spices IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹144,000.

What is Hariom Atta & Spices IPO Allotment Date?

Hariom Atta & Spices IPO allotment date is May 22, 2024.

What is Hariom Atta & Spices IPO Listing Date?

Hariom Atta & Spices IPO listing date is May 24, 2024. The IPO to list on NSE SME.

Note: The Hariom Atta & Spices IPO details are announced officially. The IPO grey market premium (Hariom Atta & Spices IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.

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