HOAC Foods India Limited

About the company

## **About HOAC Foods India Limited** Founded in 2018, HOAC Foods India limited is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains in their product range and markets & sell it in and around Delhi-NCR under the brand name “HARIOM” through their Exclusive Brand Outlets. Systematic procurement of raw spices, flour and herbs in their respective seasons helps them to provide linear quality flour, spices and other food products for the whole year. They also sell tea masala and other grocery products like mustard oil, sambhar masala, channa masala, chaat masala. All their products are manufactured at their own manufacturing facility and packaged under their brand name of “HARIOM”. Their manufacturing facilities are accredited with FSSAI license under Food Safety and Standards Act, 2006. Their manufacturing facility is equipped with plant & machinery to facilitate efficient and effective production process of cleaning, drying, grading, grinding and packaging. All spices, flour and other products are manufactured at their unit with utmost care and by way of natural process and scientific methods so as to retain the natural properties of the food like color, odour and nutritional value with time. Presently most of the sales are derived from Delhi-NCR region. Their extensive franchisee network comprised of 4 company-owned outlets and 6 franchisee-owned outlets, totalling 10 Exclusive Brand Outlets Outlets which sells and markets only their brand’s products. They operate from their manufacturing facility Village- Bhondsi, Near Geeta Nand Ashram tehsil, Sohna, Gurugram122012. Their model has helped them penetrate the niche segment of the market and establish a customer base in and around Delhi-NCR. To achieve this, they have developed a business model in which they manufacture and package products in quantities that can sustain a customer until the shelf life of the product, reducing waste and providing a diverse range of products. They handpick raw materials from various parts of the country and process products with utmost care without using artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.  HOAC Foods India limited Prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives: 1. Funding the working capital requirements of the company 1. General Corporate Purposes

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   16 May 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   21 May 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   18 May 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   23 May 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   22 May 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   24 May 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.