HOAC Foods India Limited IPO subscribed 807.44 times, issue closes today

The Initial Public Offering (IPO) of HOAC Foods India Limited has received overwhelming response from investors with the issue garnering subscription of whopping 807.44 times as of 12:14:04 hrs today i.e., 21-May-2024. The issue will be closing for subscription in another few hours.

The issue has received bids for 93,25,95,000 equity shares against the offer of 11,55,000 equity shares.

The Retail Individual Investors(RIIs) portion has received bids for 67,03,80,000 equity shares, followed by Non Institutional Investors portion receiving bids for 26,11,20,000 equity shares and Qualified Institutional Buyers(QIBs) receiving bids for 10,95,000 equity shares.

The issue opened for subscription on May 16, 2024 and closed for subscription today i.e., May 21, 2024.

Source : Equity Bulls

Keywords

HOACFoodsIndia FundRaising NSESME IPO OverSubscription