HOAC Foods India Limited Opens First Retail Store Outside Delhi NCR in Bhopal, Madhya Pradesh
HOAC Foods India Limited has inaugurated its first retail outlet outside Delhi NCR at Plot No. 87, Ground Floor, New Colony, Lal Ghati, Bhopal, Madhya Pradesh 462030, spanning approximately 240 sq. ft. The company has constituted a dedicated regional team for operations, sales, and market development in Madhya Pradesh, and expects logistical benefits from its nearby manufacturing facility in the state. The Bhopal store adds to the company's existing network of 21 outlets across Delhi NCR and surrounding regions, operated under both company-owned and franchisee models. This development marks a key step in HOAC Foods India Limited's stated strategy of geographic diversification and national retail expansion.

*this image is generated using AI for illustrative purposes only.
HOAC Foods India Limited has announced the commencement of operations at its first retail outlet outside the Delhi NCR region, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new store, operating under the Hariom Exclusive Store brand, is located in Bhopal, Madhya Pradesh, and represents a significant milestone in the company's retail expansion journey.
New Store Details
The newly inaugurated outlet is strategically positioned in a high-potential porch/front-facing area designed to drive customer engagement and product visibility. Key details of the new store are outlined below:
| Parameter: | Details |
|---|---|
| Address: | Plot No. 87, Ground Floor, New Colony, Lal Ghati, Bhopal, Madhya Pradesh 462030 |
| Store Area: | Approximately 240 sq. ft. |
| Store Type: | Company-operated retail outlet |
| State: | Madhya Pradesh |
Geographic Diversification Beyond Delhi NCR
This development marks the company's first step towards geographic diversification beyond its existing Delhi NCR footprint. To support operations in the new market, the management has constituted a dedicated regional team focused exclusively on operations, sales, and market development in Madhya Pradesh. Additionally, the proximity of the company's new manufacturing facility in Madhya Pradesh is expected to provide substantial logistical advantages, ensuring efficient supply chain management and improved operational efficiency.
Existing Retail Network
Prior to this expansion, HOAC Foods India Limited operated and franchised stores across Delhi NCR and nearby regions under the Hariom Atta & Spices brand. The company's existing network spans 21 locations, comprising both company-operated and franchisee outlets, as detailed below:
| S.No | Location | Store Name | Type |
|---|---|---|---|
| 1 | D-426A, Palam Extension, Ramphal Chowk, Sector-7, Dwarka, New Delhi-110075 | HARIOM ATTA & SPICES | Company |
| 2 | G-4, Vardhman Prasad Plaza, K.M. Chowk, Sector-12, Dwarka, New Delhi-110075 | HARIOM ATTA & SPICES | Company |
| 3 | Shop No.40, Valley View Estate, Gwal Pahadi, Gurugram-122003 | HARIOM ATTA & SPICES | Company |
| 4 | Shop No. 11, Ground Floor, Manish Global Mall, Sector 22, Dwarka, New Delhi-110077 | HARIOM ATTA & SPICES | Company |
| 5 | C4A/42A C2, Shani Bazar Road, Janak Puri, New Delhi-110058 | HARIOM ATTA & SPICES | Company |
| 6 | G6 Manish Twin Plaza, Plot No. 5, Sector 4, Dwarka-110075 | HARIOM ATTA & SPICES | Company |
| 7 | S-89, Shopping Mall, Arjun Marg, DLF City Phase-1, Gurugram-122002 | HARIOM ATTA & SPICES | Company |
| 8 | Shop No. 66, Ameya the Sapphire Mall, Sector-49, Gurugram-122018 | HARIOM ATTA & SPICES (NEELAM ENTERPRISES) | Franchisee |
| 9 | Shop No. G-11, Spaze Corporate Park, Sector-69, Gurugram-122101 | HARIOM ATTA & SPICES (NEELAM ENTERPRISES) | Franchisee |
| 10 | Shop No. 97, Huda Market, Sector-23, Gurugram-122017 | HARIOM ATTA & SPICES (SAYNA FOODS) | Franchisee |
| 11 | Shop No. 51, Sapphire Eighty-Three, Sector-83, Gurugram-122004 | HARIOM ATTA & SPICES (FARM2HOME) | Franchisee |
| 12 | GF-102, Conscient One Mall, Sector-109, Gurugram-122001 | HARIOM ATTA & SPICES (YUVRAJ ENTERPRISES) | Franchisee |
| 13 | Shop No. 38, Huda Market, Sector-16, Faridabad-121002 | HARIOM ATTA & SPICES (ASHOK FLOUR MILLS) | Franchisee |
| 14 | Booth No. 132, Sector 15 Part-2, Huda Market, Gurugram | HARIOM ATTA & SPICES (RAKESH SPICES AND FLOUR HEAVEN) | Franchisee |
| 15 | GG1/6A Main PVR Road, Central Park, Vikaspuri, New Delhi-110018 | HARIOM ATTA & SPICES (Hariom Enterprises) | Franchisee |
| 16 | Shop No. GF-171, Vyapar Kendra Market, Sushant Lok 1, Gurugram-122009 | HARIOM ATTA & SPICES (M & H Enterprises) | Franchisee |
| 17 | G06 Satya The Hive, Sector-102, Gurugram-122505 | HARIOM ATTA & SPICES (Birasinmaa Enterprises) | Franchisee |
| 18 | Shop No. 48, AIPL Joy Street, Sector 66, Gurugram-122018 | HARIOM ATTA & SPICES (NEELAM ENTERPRISES) | Franchisee |
| 19 | Shop No. G-54, Agarwal Central Plaza, Plot No. 7, Sector 9, Rohini, Delhi-110085 | HARIOM ATTA & SPICES (Rudra Group) | Franchisee |
| 20 | Shop No. FF-55, City Plaza Mall, Sector-4, Greater Noida, Gautam Budh Nagar, U.P. | HARIOM ATTA & SPICES (Shiv Kripa Retail) | Franchisee |
| 21 | Shop No. LGF-07, City Galleria, Gaur City 2, Sector 16C, Greater Noida, Uttar Pradesh – 201306 | HARIOM ATTA & SPICES (Shiv Kripa Retail) | Franchisee |
Expansion Strategy and Outlook
The Bhopal store opening is described by the company as part of its broader strategy to accelerate store expansion and establish a stronger national presence. The expansion into Madhya Pradesh is aligned with the company's stated long-term vision of extending its retail footprint across key growth markets in India. The company has noted that this outlet also opens up new opportunities for growth in other states, reinforcing its focus on scalable and sustainable expansion. The intimation was filed by Managing Director Rambabu Thakur on 15.05.2026.
Historical Stock Returns for HOAC Foods India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.41% | -7.00% | +6.39% | +52.47% | +192.47% | +222.63% |
Which states or cities is HOAC Foods India Limited likely to target next after establishing its presence in Madhya Pradesh, and what criteria will guide site selection?
How will the company balance company-operated versus franchisee models as it scales nationally, and could the Bhopal store serve as a template for future franchise partnerships outside Delhi NCR?
What impact could the proximity of HOAC Foods' new Madhya Pradesh manufacturing facility have on its product pricing competitiveness and margins compared to its Delhi NCR stores?



























