Hoac Foods India Ltd - IPO

Hoac Foods India Ltd IPO Details

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.

Objective of issue

Funding the working capital requiremnts of the company. General corporate purposes.

Hoac Foods India Ltd Contact Details

Hoac Foods India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@attahariom.com

Website - www.hoacfoodsindia.com