Hariom Atta & Spices IPO Details Today : Hariom Atta & Spices IPO is Open on 16 May 2024 and Close on 21 May 2024. Hariom Atta & Spices IPO to Raise 1,155,000 shares (Approx ₹5.54 Cr) via IPO. The Fresh issue of 1,155,000 shares (Approx ₹5.54 Cr).
Incorporated in 2018 We are engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil in our product range and markets & sell it in and around Delhi-NCR under the brand name “HARIOM” through our Exclusive Brand Outlets.
our product portfolio comprised of 4 categories which include products such as, Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain and other food products with 153 product SKUs , thereby addressing a wide variety of tastes and preferences.
Hariom Atta & Spices IPO Date & Price Band Details
| IPO Open Date | 16 May 2024 |
|---|---|
| IPO Close Date | 21 May 2024 |
| IPO Size | 1,155,000 shares (Approx ₹5.54 Cr) |
| Fresh Issue | 1,155,000 shares (Approx ₹5.54 Cr) |
| Lot Size | 3000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹48 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 50% |
| IPO QIB Quota | -% |
| IPO NII Quota | 50% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Hariom Atta & Spices IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹144,000 |
| Retail Maximum | 1 | 3000 | ₹144,000 |
| S-HNI Minimum | 2 | 6000 | ₹288,000 |
Object of the Issue
- Funding the working capital requirements of the company.
- General Corporate Purposes.
Hariom Atta & Spices IPO Allotment & Listing Date (Details)
| IPO Open Date | 16 May 2024 |
|---|---|
| IPO Close Date | 21 May 2024 |
| Basis of Allotment | 22 May 2024 |
| Refunds | 23 May 2024 |
| Credit to Demat Account | 23 May 2024 |
| IPO Listing Date | 24 May 2024 |
Hariom Atta & Spices Financial Reports
| ₹ in Lakhs | |||
|---|---|---|---|
| Year | Revenue | Networth | PAT |
| 31 Dec 2023 | ₹1,154.71 | ₹315.73 | ₹74.50 |
| 2023 | ₹1,219.05 | ₹156.86 | ₹58.79 |
| 2022 | ₹1,094.03 | ₹98.07 | ₹27.33 |
| 2021 | ₹746.28 | ₹32.26 | ₹12.85 |
Qualitative Factors
- Experienced Management team having domain knowledge to scale up and expand into new opportunities.
- Unique and Sustainable business model.
- Diversified Product Portfolio capable of capturing growing Indian Spice market.
- Omni channel Approach.
- Cluster-based distribution through retail outlet network.
- Increasing Same Store Sales Growth through incentives & training to retail outlet employees and for our sales team.
- In-house Manufacturing capabilities.
- Consistent focus on quality and maximum nutritional value.
- Strong and stable management team with proven ability.
- Long Standing Relationship with our customers.
- Robust Supply-chain Management.
- Strategic Location of our Warehousing Units.
- Scalable Business Model.
Hariom Atta & Spices Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| HOAC Foods India Limited | 10.00 | 2.84 | [.] | 0.37% | 11.74 | 1219.05 |
| Peer Group | ||||||
| Contil India Limited | 10.00 | 2.01 | 68.96 | 8.46% | 23.81.46 | 920.69 |
| Jetmall Spices And Masala Limited | 10.00 | 0.49 | 37.45 | 0.03% | 16.22 | 363.68 |
Comparison with Industry Peers
- HOAC Foods India Limited.
- Contil India Limited.
- Jetmall Spices And Masala Limited.
Our Company Promoters-
- Rambabu Thakur
- Yashwant Thakur
- Gaytri Thakur
Hariom Atta & Spices Company Contact Details
D-498, 1st Floor Palam Extension
Sector-7 Dwarka, Raj Nagar – II,South West Delhi,
New Delhi, Delhi, India, 110077
Telephone: +91 97178 38568
E-mail: info@attahariom.com
Investor grievance id: info@attahariom.com
Website: www.hoacfoodsindia.com
Hariom Atta & Spices IPO Retgistrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: www.kfintech.com
Email: hoacfoods.ipo@kfintech.com
Investor Grievance Email:einward.ris@kfintech.com
Contact Person: Mr. M Murali Krishna
About Hariom & Spices-
We handpick our raw materials from various parts of the country and process our 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.
Presently most of our sales are derived from Delhi-NCR region. Our extensive franchisee network comprised of 4 companyowned outlets and 6 franchisee-owned outlets, totalling 10 Exclusive Brand Outlets Outlets which sells and markets only our brand’s products, complemented by our sales and marketing team comprising of 12 employees.
We also rely on D2C platform through our in-house built Mobile Application both on Google Play Store and Apple’s App Store and Company website which is available for sale of our products.
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