HOAC Foods IPO Skyrockets with 183.61x Subscription on Day 2!

HOAC Foods India Limited IPO attracted massive interest, achieving a 183.61x subscription on Day 2, reflecting high investor confidence in the company's potential in the organic food sector.
HOAC Foods IPO Skyrockets with 183.61x Subscription on Day 2!

HOAC Foods India Limited IPO saw robust demand on Day 2, being subscribed 183.61 times. This strong subscription rate demonstrates immense investor interest and confidence in the company’s growth prospects within the organic food industry.

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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 IPO Subscription Status

HOAC Foods India Limited IPO saw impressive investor interest on Day 1, achieving a subscription rate of 46.46 times. 

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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