Hariom Atta IPO

    Hariom Atta IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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    Hariom Atta IPO Latest updates:
    The company will enter the market on May 16 and listing is expected to be on 21 May 2024.



    What is the latest GMP of Hariom Atta IPO?*
    Latest GMP & Subject to rates: Click

    Check Subscription status of Hariom Atta IPO

    On 17 May 2024 @ 5.00 (Day 2) 
    Review: Small IPO, so oversubscription expected
    NII:          72.76 T
    RII:         336.09 T
    Total:     204.56 T

    Application: 59488
    Amount wise Subscription: Rs. 1043 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.

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    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.

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