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HVAX Technologies Limited IPO (HVAX Technologies IPO) Details

HVAX Technologies Limited

HVAX Technologies IPO's overview

HVAX Technologies IPO is a book built issue of ₹33.53 Cr (33,52,56,000). The issue includes a fresh issue of 7.32 Lakh (7,32,000) shares aggregating to ₹33.53 Cr (33,52,56,000).

HVAX Technologies IPO bidding started from Sep 27, 2024 and ended on Oct 01, 2024. The allotment for HVAX Technologies IPO was finalized on Oct 03, 2024. The shares got listed on NSE on Oct 07, 2024.

HVAX Technologies IPO price band is set at ₹435 to ₹458 per share. The minimum lot size for an application is 300 Shares. The minimum amount of investment required by retail investors is ₹1.30 Lakh (1,30,500).

Refer to HVAX Technologies IPO RHP for detailed information.

  • IPO date

    Sep 27,2024 - Oct 01,2024

  • Listing Date

    Oct 07,2024

  • Face value

    ₹10

  • Price Band

    ₹435 to ₹458 per share

  • Lot

    ₹300 Shares

  • Total Issue Size

    7.32 Lakh (7,32,000)

    aggregating up to ₹33.53 Cr (33,52,56,000)

  • Fresh Issue

    7.32 Lakh (7,32,000)

    aggregating up to ₹33.53 Cr (33,52,56,000)

  • Issue Type

    Book Building

  • IPO Type

    SME

  • Listing At

    NSE

  • Fri, Sep 27, 2024

    IPO Open

  • Tue, Oct 01, 2024

    IPO Close

  • Thu, Oct 03, 2024

    Basis of Allotment

  • Fri, Oct 04, 2024

    Initiation of Refunds

  • Fri, Oct 04, 2024

    Credit of Shares to Demat

  • Mon, Oct 07, 2024

    Listing

HVAX Technologies IPO Day-wise IPO GMP Trend

HVAX Technologies IPO last GMP is ₹25, last updated Oct 06,2024. With the price band of 458.00, HVAX Technologies IPO's estimated listing price is ₹483 (cap price + today's GMP).The expected percentage gain/loss per share is 5.46%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
06-Oct-24458.0025
483(5.46%)6-Oct-2024 16:01
05-Oct-24458.0025
483(5.46%)5-Oct-2024 23:24
04-Oct-24458.0025
483(5.46%)4-Oct-2024 23:26
03-Oct-24458.0015
473(3.28%)3-Oct-2024 23:30
02-Oct-24458.0015
473(3.28%)2-Oct-2024 23:27
01-Oct-24458.0015
473(3.28%)1-Oct-2024 23:28
30-Sep-24458.000
458(0.00%)30-Sep-2024 23:23
29-Sep-24458.000
458(0.00%)29-Sep-2024 23:23
28-Sep-24458.000
458(0.00%)28-Sep-2024 23:25
27-Sep-24458.000
458(0.00%)27-Sep-2024 23:27
26-Sep-24458.000
458(0.00%)26-Sep-2024 23:23
25-Sep-24458.000
458(0.00%)25-Sep-2024 23:24
24-Sep-24458.000
458(0.00%)24-Sep-2024 23:32

HVAX Technologies IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

1300₹1.37 Lakh (1,37,400)

Retail(Max)

1300₹1.37 Lakh (1,37,400)

HNI(Min)

2600₹2.75 Lakh (2,74,800)

About HVAX Technologies Limited

Established in 2010, HVAX Technologies Limited provides turnkey engineering, procurement, and execution of controlled environment and cleanroom infrastructure, design, engineering, and consulting services to pharmaceutical and healthcare companies.

The company supplies the following products manufactured by third parties: - Cleanroom wall panels, Cleanroom ceiling panels, Covings, Riser panels, Cleanroom doors, Flooring systems, Pass boxes, Air showers, LT/HT electrical panels, Pre-fabricated galvanized iron (GI) ducts, Air handling units, Chillers, Building Management Systems (BMS) Equipment, Utility generation and distribution Equipment.

The company's customers include pharmaceutical companies, chemical companies, hospitals, healthcare companies, and FMCG companies. HVAX Technologies has completed around 200 projects in India and in 15 countries, namely Algeria, Ethiopia, the United Arab Emirates, Ghana, Kenya, Nepal, New Zealand, Nigeria, Saudi Arabia, Sri Lanka, South Africa, Tanzania, Uganda and Zimbabwe. Further, the Company has executed 53 projects, 48 projects, and 52 projects in FY 2024, FY 2023, and FY 2022 respectively, representing revenue from turnkey projects of Rs. 8445.73 lakhs, Rs. 9,343.63 lakhs, and Rs. 6,632.27 lakhs respectively.

Competitive Strengths:

  • Experienced promoters and an experienced management team
  • Consistent implementation expertise
  • Visible growth thanks to a solid order backlog
  • Strong and consistent financial performance supported by a solid internal control and risk management system

On August 31, 2024, the company employed 125 permanent employees and 21 temporary and agency workers. 

HVAX Technologies IPO's documents

HVAX Technologies Limited Contact Details

HVAX Technologies Limited
601, Lodha Supremus,
I-Think Techno Campus,
Kanjurmarg (East), Mumbai - 400042
Phone: 022 4972 5039
Email: [email protected]
Website: http://www.hvax.in/

HVAX Technologies IPO's Promoters

Nirbhaynarayan Singh and Prayagdatt Mishra are the company's promoters.