May 24, 2024
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Hariom Atta IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Hariom Atta IPO Post listing Review:
The scrip is listed at Rs. 155.10 @ premium of 206.25% over the issue price of Rs. 48. The listing has been very much below the expectations of the grey market players.
What is the last GMP of Hariom Atta IPO?
Premium: Rs. 145
Subject to Rs.330600
Check Subscription status of Hariom Atta IPO
On 21 May 2024 @ 5.00 (Day 3) (Closed)
Review: Small IPO, so oversubscription expected
NII: 1432.60 T
RII: 2556.46 T
Total: 2013.64 T
Application: 452493
Amount wise Subscription: Rs. 10265 Crore
What is the business of Hariom Atta?
HariOm Atta is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in its product range and markets & sell it in and around Delhi-NCR under the brand name “HARIOM” through its Exclusive Brand Outlets. The Company was founded in 2018 by our Promoters, Mr. Rambabu Thakur, and Mrs. Gaytri Thakur.
Presently most of its sales are derived from Delhi-NCR region. Its 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 its brand’s products, complemented by its sales and marketing team comprising of 12 employees, as of December 31, 2023. It also relies on D2C platform through its in-house built Mobile Application both on Google Play Store and Apple’s App Store and Company website which is available for sale of its products.
Its range of flour includes MP Sharbati Atta, MP Lok One Atta, Multi-grain Atta along with different healthy flours. It operates from its manufacturing facility Village- Bhondsi, Near Geeta Nand Ashram tehsil, Sohna, Gurugram 122012. Its manufacturing facilities are accredited with FSSAI license under Food Safety and Standards Act, 2006.
Get more information about the company @
| Hariom Atta IPO Details | |
| IPO opens on | 16 May 2024 |
| IPO closes on | 21 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 1155000 Shares / Rs 5.54 Crore |
| * Fresh Issue | 1155000 Shares / Rs 5.54 Crore |
| * Offer for Sale | – Sh /Rs – Cr |
| Market Maker Portion | 93000 Shares |
| Net offer to Public | 1062000 Shares/ Rs.5.10 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.48 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 3000 Shares |
| Listing will at | NSE SME |
| Shares offered in Hariom Atta IPO | ||
| Shares | Rs. (Crore) | |
| QIB (50%) | – | – |
| NII (15%) | 531000 | 2.55 |
| RII (35%) | 531000 | 2.55 |
| Total Shares | 1062000 | 5.10 |
| Retail portion will be oversubscribed by | 177 | |
| Forms | ||
| How much Shares to Apply in Hariom Atta IPO? | ||
| Min Retail Application | 3000 Shares | Rs. 144000 |
| Min HNI Application | 6000 Shares | Rs.288000 |
Who are the Promoters of Hariom Atta IPO?
The promoters of the company are Mr. Rambabu Thakur, Mrs. Gaytri Thakur and Yashwant Thakur.
What are the Objects of Hariom Atta IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The objects of the present issue of Equity Shares are:
1.Funding the working capital requirements of the company
2.General Corporate Purposes
| Hariom Atta IPO Tentative timetable | |
| IPO opens on | 16 May 2024 |
| IPO Closes on | 21 May 2024 |
| IPO Allotment on | 22 May 2024 |
| Refund Initiation | 23 May 2024 |
| Credit of Shares | 23 May 2024 |
| Listing on | 24 May 2024 |
| Registered Office of the Company HOAC Foods India Limited D-498, 1st Floor Palam Extension Sector-7 Dwarka, Raj Nagar – II,South West Delhi New Delhi- 110077 |
| Who is the Lead Manager of Hariom AttaIPO? GYR Capital Advisors Pvt ltd |
| Who is the Registrar to IPO? Kfin Technologies Limited |
| Hariom Atta IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2020-21 | 7.46 | 0.13 | 1.51 | 39.83 |
| 2021-22 | 10.94 | 0.27 | 2.31 | 27.87 |
| 2022-23 | 12.19 | 0.59 | 3.19 | 37.48 |
| Book Value of the Share on | 31.12.2023 | Rs 11.74 | ||
| BV of the Share at cap price | after the IPO | Rs. 22.64 | ||
| Offer Price/upper band | Rs. 48 | |||
| Hariom Atta IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 15.04 |
| Price/BV Ratio | 4.09 |
| Upper price/BV after IPO | 2.12 |
How Hariom Atta IPO compares with the Peers?
| As per DRHP | FV | Total Income | PE Ratio |
| Rs. | In Cr. | @ | |
| Hariom Atta | 10 | 12.19 16.90 | |
| Contil India | 10 | 9.21 | 77.11 |
| Jetmall Spices | 10 | 3.64 | 32.65 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Hariom Atta IPO To the point Guidance
Incorporated in the year 2020, the company is in the business of Manufacturing and Supplying of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The Company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri 415 722, Maharashtra, India since inception. The facility has a production capacity of 4,800 metric tons per annum as on March 31, 2023 and 3,600 MT per annum for the period ended December 31, 2023, equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. and its Registered office at Shop 206, Floor 2, Sumer Kendra, Shivram Seth, Amrutwar Road Near Doordarshan Kendra, Off Pandurang Budhwar Marg, Worli, Mumbai 400 018, Maharashtra, India.
Size: The net offer is of Rs. 40.26 Crore/3050000 shares. Retail portion is Rs. 14.09 crore and it can get one time subscribed with 1067 applications. Though the size of the IPO is normal and over subscription may not be an issue.
Financial Snapshot: The company has strong and growing business. Sales and profits are impressive. The shares are offered at attractive valuation. Apply.
Quicklinks
Hariom Atta IPO GMP today details?
Hariom Atta IPO
Hariom Atta IPO FAQs
What is Hariom Atta IPO?
Hariom Atta is a SME IPO of 1155000 equity shares of the face value of Rs. 10 aggregating up to Rs.5.54 Crores. The issue is priced at Rs.48 per share. The minimum order quantity is 3000 Shares.
When will Hariom Atta IPO open?
Hariom Atta IPO opens on May 16, 2024, and closes on May 21, 2024.
What is the lot size of Hariom Atta IPO?
Hariom Atta IPO lot size is 3000 Shares, and the minimum amount required is Rs.144000.
How to apply for Hariom Atta IPO?
You can apply in Hariom Atta IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Hariom Atta IPO allotment?
The finalization of Basis of Allotment for Hariom Atta IPO will be done on May 22, 2024, and the allotted shares will be credited to your demat account by May 23, 2024.
When is Hariom Atta IPO listing date?
Hariom Atta IPO listing date is May 24, 2024.
