Hoac Foods India Limited was originally incorporated with the name as 'Hoac MP Atta Spices Manufacture Private Limited' a Private Limited Company on March 13, 2018, with Registrar of Companies, Delhi. Thereafter, the Company name got changed to Hoac Foods India Private Limited' dated November 03, 2021. Subsequently, it was converted into a Public Limited and the name of the Company was changed to Hoac Foods India Limited' and a fresh Certificate of Incorporation dated 30th October, 2023 was issued by the Registrar of Companies, at New Delhi.
Hoac Foods are engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, pure spices, dry fruits, vegetable roots, and mustard oil. Company handpick raw materials from various parts of the country and process the 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.
The Company operate from manufacturing facility at Village Bhondsi, in Gurugram. Since inception, the objective was to produce high-quality natural spices and food products without artificial preservatives or synthetic substances. To achieve this, the Company developed a unique business model through which it manufacture and package products in quantities that sustain a customer until the shelf life of the product, reducing waste and providing a diverse range of products with freshnes ...s and goodness.
The Company in year 2018-19, started manufacturing, trading and processing business of Cooking powder, Organic flour, cooking spices, Rice, wheat, wheat's flour and set up mills. In 2021-22, it opened a new factory in Haryana and in 2023-24 has opened 1 new franchises outlet at Faridabad, in Harayana. It installed a cleaning equipment and a specific grinding facility to grind each variety of spice into powder, such as chili, turmeric, cumin, and coriander. The majority of manufacturing operations are mechanized, reducing the need of physical labor.
The Company launched the IPO by issuing 11,55,000 equity shares of Rs 10 and raised Rs 5.54 crore on 21 May 2024.
The Company launched HOAC Exports Pvt. Ltd. for global expansion, scaled mustard oil production 5x with new cold-pressed variants, and rolled out a B2B model selling 25,000+ flour bags in two months across Tier-1 & Tier-2 cities in FY 2025.
FAQs on Hoac Foods India Ltd
1. Can I buy Hoac Foods India Ltd from PL Capital? ›
Yes, you can invest in Hoac Foods India Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Hoac Foods India Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Hoac Foods India Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Hoac Foods India Ltd pay dividends? ›
Hoac Foods India Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Hoac Foods India Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Hoac Foods India Ltd. is ₹ 352 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Hoac Foods India Ltd ? ›
The 52-week high and low of Hoac Foods India Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
