Hariom Atta & Spices IPO GMP Today: Hariom Atta & Spices IPO is commanding a strong grey market premium (GMP) in the range of Rs 101 to 111 per share over its fixed issue price of Rs 48, according to several websites that track grey market activities. This represents a potential listing gain of 231.25 per cent.
The IPO opened for public subscription on Thursday, May 16 and will close on Tuesday, May 21.
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Hariom Atta & Spices IPO Details
the Hariom Atta & Spices IPO is offering a fixed price issue of Rs 5.54 crore, all fresh shares totaling 11.55 lakh.
Each share is priced at Rs 48. For retail investors, the minimum lot size is 3000 shares, requiring an investment of Rs 1,44,000. Meanwhile, for High Net Worth Individuals (HNIs), the minimum lot size investment is 2 lots (6,000 shares) totaling Rs 2,88,000.
GYR Capital Advisors Private Limited is the book running lead manager of the Hariom Atta & Spices IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Hariom Atta & Spices IPO is Giriraj Stock Broking.
Hariom Atta & Spices IPO Allotment Date
The allotment for the Hariom Atta & Spices IPO is expected to be finalised on Wednesday, May 22, 2024.
IPO allotment date is the date when the allotment status is announced to the public on the website of the registrar of the IPO.
Hariom Atta & Spices IPO Listing Date
Hariom Atta & Spices IPO will list on NSE SME platform likely on Friday, May 24, 2024.
The listing date is the specific date on which a company’s shares are available for trading & investing on a stock exchange, in the secondary market.
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Hariom Atta & Spices IPO Company Profile
Founded in 2018 and headquartered in Gurugram, Hariom Atta & Spices, under the umbrella of HOAC Foods India Limited makes flour, herbs and spices, unpolished pulses, grains and various other food products.
The company sells the aforementioned food items under the brand name “HARIOM,” mainly in and around Delhi-NCR. With 10 Exclusive Brand Outlets, including 4 owned by the company and 6 by franchisees, Hariom Atta & Spices maintains a strong retail presence.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
