HOAC Foods India announces a QIP worth ₹10 crore
HOAC Foods India Ltd plans to raise up to ₹1,000 lakh via its first Qualified Institutional Placement (QIP) at a floor price of ₹210.64 per share. Proceeds will support working capital needs amid rapid growth. The company reported ₹26.48 crore revenue and ₹2.48 crore Profit After Tax (PAT) in FY25, with strong ROE and ROCE.