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HOAC Foods India IPO Takes Off, Hits 46.46x Subscription on Opening Day

HOAC Foods India Limited IPO attracted significant interest on Day 1, subscribed 46.46 times, reflecting strong market confidence and potential growth in the organic food sector.
HOAC Foods India IPO Takes Off, Hits 46.46x Subscription on Opening Day
HOAC Foods India IPO Takes Off, Hits 46.46x Subscription on Opening Day

HOAC Foods India Limited IPO saw impressive investor interest on Day 1, achieving a subscription rate of 46.46 times. This robust demand indicates strong market confidence in the company’s offerings and potential for growth in the organic food sector.

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How To Check HOAC Foods Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the HOAC Foods India Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

HOAC Foods IPO Allotment Status

The allotment date for the HOAC Foods IPO is set for May 22, 2024, with shares priced at a range of ₹48 per share and a face value of ₹10. The offering consists of lots of 3000 shares, with bids accepted for these lots or their multiples.

HOAC Foods Limited IPO Listing Date 

HOAC Foods Limited IPO is expected to be listed on the NSE SME on May 24, 2024.

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