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HOAC Foods India Limited IPO GMP Today, Price Range and Company Details 

HOAC Foods India IPO features a ₹55 Grey Market Premium, priced between ₹48 per share. Offering 3000-share lots, subscriptions open from May 16 to May 21, 2024.
HOAC Foods India Limited IPO GMP Today, Price Range and Company Details 
HOAC Foods India Limited IPO GMP Today, Price Range and Company Details 

As of May 15, 2024, HOAC Foods India IPO has ₹55 as Grey Market Premium, with a price range of ₹48 per share. Offering lots of 3000 shares, the subscription window is open from May 16, 2024 to May 21, 2024.

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HOAC Foods India Limited IPO GMP Today

The Grey Market Premium (GMP) for HOAC Foods India Limited is ₹55 as of May 15, 2024. This assessment coincides with a price of ₹48 per share for the IPO.

HOAC Foods India Limited IPO Review

HOAC Foods India Limited shows steady financial growth, with revenue reaching ₹1,148.59 lakhs by December 2023, and profits climbing to ₹74.50 lakhs, suggesting robust investor confidence. The EPS has increased, though RoNW has slightly decreased.

The company’s assets have grown, indicating potential expansion. A reduced debt-equity ratio and an increased current ratio suggest better liquidity management and less debt reliance, reflecting strong financial health.

HOAC Foods India Limited IPO Date

HOAC Foods India Limited will start accepting subscriptions from May 16, 2024, to May 21, 2024

HOAC Foods India Limited IPO Price

HOAC Foods India Limited’s price range is ₹48 per share with a face value of ₹10 each.

HOAC Foods India Limited

HOAC Foods India Limited, based in Bhondsi Village, Gurugram, produces organic spices, flour, pulses, grains, and mustard oil under the “HARIOM” brand, emphasizing natural processing and freshness. With 153 SKUs including various flours and spices, they serve the Delhi-NCR market through dedicated outlets, ensuring quality and nutritional integrity in every product.

How To Apply For HOAC Foods India Ltd IPO?

To apply for the HOAC Foods India through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for HOAC Foods India on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the HOAC Foods India IPO at Alice Blue in just a few clicks!

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