What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of HOAC Foods India Limited IPO?

HOAC Foods India Limited IPO has received a total subscription of 1994.62 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

HOAC Foods India Limited

ListedSME

Food & Agro Processing / FMCG · NSE

HOAC Foods India Limited was founded in 2018 and is known for making high-quality flour, spices, and food products under the brand name "HARIOM". Based in Delhi-NCR, the company offers a wide range of products like chakki atta (flour), spices, herbs, pulses, grains, and yellow mustard oil. Their manufacturing unit is located in Gurugram, ensuring top-notch quality and efficiency. As of December 31, 2023, HOAC Foods operates 10 Exclusive Brand Outlets — 4 company-owned and 6 franchise stores — selling only their products. With a team of 12 sales and marketing professionals and 50 employees overall, the company is growing fast. HOAC Foods reported revenues of ₹1,148.59 lakhs for the nine months ending December 31, 2023, showing consistent growth over the past few years. Offering 153 product SKUs, HOAC Foods is carving its place in the competitive food market with a focus on quality, innovation, and customer satisfaction.

Price Band

₹48

Issue Size

₹5.54 Cr

Lot Size

3000 shares

GMP

₹145

+302.1%

Est. Listing

₹193

at current GMP

Subscribed

1994.62x

overall

Open

16 May 2024

21 May 2024

Allotment

22 May 2024

Refund

23 May 2024

Demat Credit

24 May 2024

Listing

24 May 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1994.62x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

1440.91x

High Net-Worth

Retail (RII)

2542.10x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1994.62x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	528,000	760,803,000	1440.91x
RETAIL	534,000	1,357,479,000	2542.10x
Total	1,062,000	2,118,282,000	1994.62x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2502.78x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	135	343,184	2542.10x
HNIs (10L +)	1	1,441	1440.91x
HNIs (2-10L)	4	5,764	1440.91x
Total Applications	140	350,389	2502.78x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About HOAC Foods India Limited Public Issue & Market Profile

HOAC Foods India Limited is bringing an initial public offering (IPO) in the Food & Agro Processing / FMCG sector with an aggregate issue size of ₹5.54 Crores. The shares are offered at a price band of ₹48 to ₹48 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-05-21, the basis of allotment is scheduled to be finalized on 2024-05-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is HOAC Foods India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for HOAC Foods India Limited IPO is ₹145 per equity share. Based on the upper price band of ₹48 to ₹48 per equity share, the estimated listing price is ₹193 (+302.1% expected listing gain).

What is the expected profit per lot for HOAC Foods India Limited IPO?

With a lot size of 3000 shares and current GMP of ₹145, the expected profit per application lot is approx ₹4,35,000 (+302.1% gain). Minimum application cost is approx ₹1,44,000.

What is the issue size and price band for HOAC Foods India Limited IPO?

The HOAC Foods India Limited IPO aggregate issue size is ₹5.54 Crores with an equity price band set at ₹48 to ₹48 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check HOAC Foods India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1994.62x (Retail: 2542.10x, QIB: 0.00x, NII: 1440.91x). You can track live multiples directly on our dedicated subscription page.

Where and when will HOAC Foods India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-05-22. Investors can verify status using PAN card or application number.

When is the listing date for HOAC Foods India Limited IPO?

HOAC Foods India Limited shares are scheduled to list on NSE on 2024-05-24.