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HOAC Foods India opened its maiden public issue on Thursday, getting a massive 46.46 times subscription on the opening day. The fixed price issue will close on May 21.
On a standalone basis, in FY23, the company's revenue from operations grew 4 percent to Rs 151.16 crore, from Rs 145.47 crore in FY22, while EBITDA grew by around 76 percent to Rs 20.22 crore, from Rs 11.49 crore.
All these three companies - Emmforce Autotech, Shivam Chemicals, Varyaa Creations - will finalise the basis of allotment of their IPO shares by April 26 and their shares will be credited to demat accounts of eligible investors by April 29.
Emmforce Autotech IPO: All categories of investors participated in the issue, buying 7.94 crore equity shares against IPO size of 39.33 lakh shares, subscription data available with the BSE showed.
Creative Graphics Solutions, and Aluwind Architectural will finalise the basis of allotment of IPO shares by April 5, while the equity shares will be credited to demat accounts of successful investors by April 8