Hariom Atta & Spices IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
May 16 to May 21 2024
Price Band
₹48
Current GMP
₹147(206.25%)
Subscription
2,013.64 times
IPO Details
| IPO Date | May 16, 2024 to May 21, 2024 |
| Listing Date | Friday, May 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹48 per share |
| Lot Size | 3000 Shares |
| 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) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 2,688,210 |
| Share holding post issue | 3,843,210 |
| Market Maker portion | 93,000 shares Giriraj Stock Broking |
IPO Date
May 16, 2024 to May 21, 2024
Listing Date
Friday, May 24, 2024
Face Value
₹10 per share
Price
₹48 per share
Lot Size
3000 Shares
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)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME
Share holding pre issue
2,688,210
Share holding post issue
3,843,210
Market Maker portion
93,000 shares Giriraj Stock Broking
IPO Subscription Details
| Non-Institutional Buyers*** | 1,432.60 |
| Retail Investors | 2,556.46 |
| Total ** | 2,013.64 |
Non-Institutional Buyers***
1,432.60
Retail Investors
2,556.46
Total **
2,013.64
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 May 16, 2024 | 18.30 | 86.29 | 52.31 |
| Day 2 May 17, 2024 | 72.76 | 336.09 | 204.56 |
| Day 3 May 21, 2024 | 1,432.60 | 2,556.46 | 2,013.64 |
DayDay 1
May 16, 2024
NII*18.30
Retail86.29
Total52.31
DayDay 2
May 17, 2024
NII*72.76
Retail336.09
Total204.56
DayDay 3
May 21, 2024
NII*1,432.60
Retail2,556.46
Total2,013.64
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 24-05-2024 | 48.00 | 145(302.08%) | 193 |
| 23-05-2024 | 48.00 | 145(302.08%) | 193 |
| 22-05-2024 | 48.00 | 175(364.58%) | 223 |
| 21-05-2024 | 48.00 | 175(364.58%) | 223 |
| 20-05-2024 | 48.00 | 111(231.25%) | 159 |
| 19-05-2024 | 48.00 | 111(231.25%) | 159 |
| 18-05-2024 | 48.00 | 101(210.42%) | 149 |
| 17-05-2024 | 48.00 | 101(210.42%) | 149 |
| 16-05-2024 | 48.00 | 100(208.33%) | 148 |
| 15-05-2024 | 48.00 | 75(156.25%) | 123 |
| 14-05-2024 | 48.00 | 55(114.58%) | 103 |
| 13-05-2024 | 48.00 | 50(104.17%) | 98 |
| 12-05-2024 | 48.00 | 50(104.17%) | 98 |
Date24-05-2024
Price48.00
GMP145(302.08%)
Estimate List Price193
Date23-05-2024
Price48.00
GMP145(302.08%)
Estimate List Price193
Date22-05-2024
Price48.00
GMP175(364.58%)
Estimate List Price223
Date21-05-2024
Price48.00
GMP175(364.58%)
Estimate List Price223
Date20-05-2024
Price48.00
GMP111(231.25%)
Estimate List Price159
Date19-05-2024
Price48.00
GMP111(231.25%)
Estimate List Price159
Date18-05-2024
Price48.00
GMP101(210.42%)
Estimate List Price149
Date17-05-2024
Price48.00
GMP101(210.42%)
Estimate List Price149
Date16-05-2024
Price48.00
GMP100(208.33%)
Estimate List Price148
Date15-05-2024
Price48.00
GMP75(156.25%)
Estimate List Price123
Date14-05-2024
Price48.00
GMP55(114.58%)
Estimate List Price103
Date13-05-2024
Price48.00
GMP50(104.17%)
Estimate List Price98
Date12-05-2024
Price48.00
GMP50(104.17%)
Estimate List Price98
IPO Important Dates
| IPO Open Date | Thursday, May 16, 2024 |
| IPO Close Date | Tuesday, May 21, 2024 |
| Basis of Allotment | Wednesday, May 22, 2024 |
| Initiation of Refunds | Thursday, May 23, 2024 |
| Credit of Shares to Demat | Thursday, May 23, 2024 |
| Listing Date | Friday, May 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 21, 2024 |
IPO Open Date
Thursday, May 16, 2024
IPO Close Date
Tuesday, May 21, 2024
Basis of Allotment
Wednesday, May 22, 2024
Initiation of Refunds
Thursday, May 23, 2024
Credit of Shares to Demat
Thursday, May 23, 2024
Listing Date
Friday, May 24, 2024
Cut-off time for UPI mandate confirmation
5 PM on May 21, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹144,000 |
| Retail (Max) | 1 | 3000 | ₹144,000 |
| HNI (Min) | 2 | 6,000 | ₹288,000 |
ApplicationRetail (Min)
Lots1
Shares3000
Amount₹144,000
ApplicationRetail (Max)
Lots1
Shares3000
Amount₹144,000
ApplicationHNI (Min)
Lots2
Shares6,000
Amount₹288,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 766.40 | 491.72 | 359.71 |
| Revenue | 1,154.71 | 1,219.05 | 1,094.03 |
| Profit After Tax | 74.50 | 58.79 | 27.33 |
| Net Worth | 315.73 | 156.86 | 98.07 |
| Reserves and Surplus | 46.91 | 135.16 | 76.37 |
| Total Borrowing | 204.05 | 190.38 | 147.50 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 2023766.40
31 Mar 2023491.72
31 Mar 2022359.71
Period EndedRevenue
31 Dec 20231,154.71
31 Mar 20231,219.05
31 Mar 20221,094.03
Period EndedProfit After Tax
31 Dec 202374.50
31 Mar 202358.79
31 Mar 202227.33
Period EndedNet Worth
31 Dec 2023315.73
31 Mar 2023156.86
31 Mar 202298.07
Period EndedReserves and Surplus
31 Dec 202346.91
31 Mar 2023135.16
31 Mar 202276.37
Period EndedTotal Borrowing
31 Dec 2023204.05
31 Mar 2023190.38
31 Mar 2022147.50
Key Performance Indicator
| ROE | 23.60% |
| ROCE | 23.43% |
| Debt/Equity | 0.27 |
| RoNW | 23.60% |
| P/BV | 4.09 |
| PAT Margin (%) | 6.49 |
| EPS (Rs) | 2.19 |
ROE
23.60%
ROCE
23.43%
Debt/Equity
0.27
RoNW
23.60%
P/BV
4.09
PAT Margin (%)
6.49
EPS (Rs)
2.19
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 93,000 (8.05%) |
| Other Shares Offered | 531,000 (45.97%) |
| Retail Shares Offered | 531,000 (45.97%) |
| Total Shares Offered | 1,155,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
93,000 (8.05%)
Other Shares Offered
531,000 (45.97%)
Retail Shares Offered
531,000 (45.97%)
Total Shares Offered
1,155,000 (100%)
Information about company
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 â¹ 1,148.59 lakhs, â¹ 1,208.56 lakhs, â¹ 1,087.27 lakhs, and â¹ 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.
Objectives of IPO
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
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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