HOAC Foods India Limited IPO Detail
Last Updated on May 14, 2024 HOAC Foods India Limited IPO Incorporated in 2018, HOAC Foods India Limited is a manufacturer of flour, spice, and other food products. The brand
Incorporated in July 2022, Gconnect Logitech and Supply Chain Limited provides surface logistics services, including goods transport.
The company’s service offerings include bulk loads, Full Truck Loads (FTL) service, and dedicated loads.
The company has an asset-light model and works with third parties to provide necessary assets, such as vehicles.
As of September 30, 2023, the company serves approximately 24 customers, with over 8 customers having been associated with them for more than 4 years.
As of Oct. 30, 2023, the company had partnered with 4 fleet management firms and had 23 vehicles of various sizes to meet customer needs.
As of March 2024, the company has a total of 6 employees in various departments.
Period Ended | 30 Sep 2023 | 31 Mar 2023 |
Assets | 423.25 | 82.46 |
Revenue | 212.57 | 101.03 |
Profit After Tax | 22.83 | 10.86 |
Net Worth | 398.15 | 77.51 |
Reserves and Surplus | 166.29 | 60.10 |
Amount in ₹ Lakhs |
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
GConnect Logitech IPO opens on March 26, 2024, and closes on March 28, 2024.
IPO Open Date | Tuesday, March 26, 2024 |
IPO Close Date | Thursday, March 28, 2024 |
Basis of Allotment | Monday, April 1, 2024 |
Initiation of Refunds | Tuesday, April 2, 2024 |
Credit of Shares to Demat | Tuesday, April 2, 2024 |
Listing Date | Wednesday, April 3, 2024 |
Cut-off time for UPI mandate confirmation | 5 PM on March 28, 2024 |
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