This Microcap company announces a QIP worth Rs 10 crore! This Microcap company announces a QIP worth Rs 10 crore! The company plans to raise up to Rs 1,000.00 Lakhs through its first-ever Qualified Institutional Placement (QIP). DSIJ Intelligence / Tuesday, July 1, 2025 / Article rating: 3.7 The proceeds from the QIP will be strategically deployed to accelerate HOAC Foods India Limited growth plans. These include funding working capital requirement for the expected rapid growth in the coming years.