HOAC Foods India Limited IPO
₹48
3000
N/A
| Open Date: | 16-May-2024 |
| Close Date: | 21-May-2024 |
| Allotment Date: | 22-May-2024 |
| Listing Date: | 24-May-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹48 Per Equity Share |
| Issue Size: | Total Issue Size 1,155,000 shares (aggregating up to ₹5.54 Cr) : Fresh Issue 1,155,000 shares (aggregating up to ₹5.54 Cr) |
| Market Lot (Min Amount): | Retail - ₹144,000 : HNI - ₹288,000 |
| Earning Per Share(EPS) | ₹2.19/- |
| P/E Ratio | 21.95 |
| RoNW | 23.60% |
| Net Asset Value (NAV) - Post Issue: | ₹11.74/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Dec,2023 | 766.40 | 1,154.71 | 74.50 |
| 31 Mar,2023 | 491.72 | 1,219.05 | 58.79 |
| 31 Mar,2022 | 359.71 | 1,094.03 | 27.33 |
| 31 Mar,2021 | 208.33 | 746.28 | 12.85 |
| Pre Issue Share Holding | 99.99% |
| Post Issue Share Holding | 69.95% |
| 1. Mr. Rambabu Thakur |
| 2. Mrs. Gaytri Thakur |
| 3. Yashwant Thakur |
The Company proposes to utilize the funds which are being raised through this Issue towards the following objects:
- Funding the working capital requirements of the company
- General Corporate Purposes
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.
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