Hoac Foods India (Hariom Atta & Spices) SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Hoac Foods India SME IPO. Explore Hoac Foods India (Hariom Atta & Spices) IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Hoac Foods India Limited, operating under the brand name "HARIOM," is a leading manufacturer of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Established in 2018 by Mr. Rambabu Thakur and Mrs. Gaytri Thakur, the company focuses on providing high-quality natural spices and food products without artificial preservatives or synthetic substances. With a commitment to freshness and goodness, HARIOM offers a diverse range of products catering to the discerning consumers in and around the Delhi-NCR region.
Key Points:
- Product Range: HARIOM's product portfolio includes flour (chakki atta), spices & herbs, unpolished pulses, grains, and yellow mustard oil. The company handpicks raw materials from various parts of the country and processes them without artificial preservatives, ensuring freshness and nutritional value.
- Brand Presence: The company operates through Exclusive Brand Outlets, comprising both company-owned and franchisee-owned outlets, totaling 10 establishments in the Delhi-NCR region. Additionally, HARIOM leverages a Direct-to-Consumer (D2C) platform via its mobile application and website for product sales.
- Franchisee Network: With an extensive franchisee network and a dedicated sales and marketing team, HARIOM effectively markets and sells its products, maintaining close coordination with franchise owners and store managers. The franchisee management system optimizes inventory levels and streamlines distribution, ensuring product freshness and availability.
- Product Portfolio: HARIOM offers a wide range of products, including MP Sharbati Atta, MP Lok One Atta, multi-grain atta, spices & herbs, oil, pulses, rice & grains, and other food products, totaling 153 SKUs. The company's understanding of consumer preferences has strengthened its foothold in the Indian Flour, Spice, and Foods category.
- Manufacturing Facility: The company operates from its manufacturing facility in Gurugram, equipped with state-of-the-art machinery for efficient production processes.
Objects of the Issue
- Funding the working capital requirements of the company
- General Corporate Purpose
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 May - 21 May 2024 |
| IPO Price Band | ₹ 48 per share |
| Fresh Issue | Upto 11,55,000 Shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 5.54 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 May 2024 |
| IPO Closing Date | 21 May 2024 |
| Basis Of Allotment | 22 May 2024 |
| Refunds | 23 May 2024 |
| Demat Transfer | 23 May 2024 |
| IPO Listing Date | 24 May 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 7.46 | 10.94 | 12.19 | 11.55 |
| Total Expenses | 7.29 | 10.56 | 11.38 | 10.52 |
| Net Profit/Loss | 0.13 | 0.27 | 0.59 | 0.75 |
| NPM (*) | 1.73 | 2.51 | 4.86 | 6.49 |
| Total Assets | 1.67 | 2.81 | 3.92 | 6.37 |
| Total Liabilities | 0.46 | 1.11 | 1.41 | 2.43 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 1.51 | 2.31 | 3.19 | 2.84 |
| ROE (%) | 39.83 | 27.87 | 37.48 | 23.60 |
| ROCE (%) | 20.16 | 21.97 | 30.12 | 23.43 |
| D/E Ratio | 1.67 | 0.54 | 0.32 | 0.27 |
| Current Ratio | 1.40 | 1.36 | 1.40 | 1.75 |
| EBITDA MARGIN (%) | 4.77 | 5.46 | 9.38 | 11.41 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| HOAC Foods India Limited | 12.09 | 16.90 | 2.84 | 0.37 | 11.74 |
| Contil India Limited | 19.68 | 77.11 | 2.01 | 8.46 | 2,381.46 |
| Jetmall Spices and Masala Limited | 3.64 | 32.65 | 0.49 | 0.03 | 16.22 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 1432.6 |
| Retail Individual Investor (RII) | 2556.46 |
| Total | 2013.64 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. RAMBABU THAKUR
- MRS. GAYTRI THAKUR
- MR. YASHWANT THAKUR
Lead Managers
- 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, Delhi, India, 110077
Phone: +91 85272 73940
Email: info@attahariom.com
Website: www.hoacfoodsindia.com
FAQs
- What is the issue size of the Hoac Foods (Hariom Atta & Spices) SME IPO?The Hoac Foods (Hariom Atta & Spices) SME IPO has an issue size of ₹ 5.54 crore. This includes a fresh issue of Upto 11,55,000 Shares and an offer for sale (OFS) of NIL.
- What is the price band of the Hoac Foods (Hariom Atta & Spices) IPO?The price band for the Hoac Foods (Hariom Atta & Spices) IPO is ₹ 48 per share.
- What are the bidding dates for the Hoac Foods (Hariom Atta & Spices) IPO?The Hoac Foods (Hariom Atta & Spices) IPO will open for bidding on 16 May 2024 and close on 21 May 2024.
- What is the allotment date for the Hoac Foods (Hariom Atta & Spices) IPO?The allotment date for the Hoac Foods (Hariom Atta & Spices) IPO is 22 May 2024.
- What is the listing date for the Hoac Foods (Hariom Atta & Spices) IPO?The listing date for the Hoac Foods (Hariom Atta & Spices) IPO is 24 May 2024.
- What is the Hoac Foods (Hariom Atta & Spices) IPO grey market premium?The grey market premium (GMP) for the Hoac Foods (Hariom Atta & Spices) IPO is currently at ₹145, with an expected listing gain of approximately 302.08%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.