Hoac Foods India Ltd

Opens On Closes On
16-May-24 21-May-24
Money Payable On
Application Allotment
48.00 0.00

Minimum Application for shares in Nos : 3000 Further Multiples of : 3000

Lead Managers to the Issue
Project Cost (₹.Cr) 4.96 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer (₹.Cr) 5.54  
Post Issue Equity Share Capital (₹.Cr) 3.84
Issue Price (₹) 48.00

Funding the working capital requiremnts of the company

General corporate purposes

Promoted By
Rambabu Thakur
Gaytri Thakur
Yashwant Thakur
Listing At
Registrar to the Issue
No Data Available
Public issue of up to 11,55,000 equity shares of face value Rs. 10 each ("Equity Shares") of Hoac Foods India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 48 per equity share (including a securities premium of Rs. 38 per equity share) (the "Issue Price"), aggregating upto Rs. 5.54 crores ("Issue") of the issue, 93,000 equity shares aggregating to Rs. 0.45 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 10,62,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 48 per equity share aggregating to Rs. 5.09 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 30.05 % and 27.63 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 4.8 times of the face value.