The Hariom Atta & Spices IPO is a fixed price issue totaling Rs 5.54 crores, consisting entirely of a fresh issue of 11.55 lakh shares. The subscription period for this IPO opened on May 16, 2024, and will close on May 21, 2024. The allotment is anticipated to be finalized on May 22, 2024, with the shares expected to list on the NSE SME on May 24, 2024.
Priced at ₹48 per share, the minimum lot size for an application is 3,000 shares, requiring a minimum investment of ₹144,000 for retail investors. High Net-worth Individuals (HNIs) must invest in a minimum of 2 lots, amounting to 6,000 shares or ₹288,000.
GYR Capital Advisors Private Limited is serving as the book running lead manager for the IPO, with Kfin Technologies Limited as the registrar and Giriraj Stock Broking as the market maker.
Company proposes to utilize the funds towards:
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:
| Step | Process | Timeline |
|---|---|---|
| 1 | Consultation & Eligibility Check – Our experts assess your business and required documents. | 1 Day |
| 2 | Document Collection & Preparation – You share scanned copies; we prepare the application. | 1–2 Days |
| 3 | Online Application Submission – Filing GST REG-01 on GST portal. | 1 Day |
| 4 | ARN Generation & Verification – Acknowledgment number generated and verified. | 1 Day |
| 5 | GST Officer Review – Department may seek clarification if required. | 2–3 Days |
| 6 | GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. | 3–5 Days Total |
Estimated Total Duration: 3–5 Working Days
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