HVAX Technologies Limited IPO

NSE SME

Listed On: Oct 7, 2024 at ₹ 486.0

₹ 137400 /300 Shares

Exp. Premium is derived from market rumors and internet sources. It does not reflect the actual IPO listing price or value. Please review the RHP and consult a financial advisor before investing.

HVAX Technologies IPO Details

27 Sep, 2024

Open Date

01 Oct, 2024

Close Date

03 Oct, 2024

Allotment Date

07 Oct, 2024

Listing Date

Issue Price

₹435-458 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Kfin Technologies Limited

List Price

486.0

Listing Date

2024-10-07

Market Lot

300 Shares (₹137,400/-)

Lead Manager

Fedex Securities Pvt Ltd

Issue Size

732,000 shares(aggregating up to ₹33.53 Cr)

Retail Portion

35%

Subscription

34.16 times

IPO Docs

DRHP RHP

The IPO of HVAX Technologies is priced at ₹435-458 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Kfin Technologies Limited is the registrar of the issue.

HVAX Technologies IPO bid opening date is from Sep 27, 2024 and the bid closing date was Oct 1, 2024.
HVAX Technologies IPO allotment result will be available on Oct 3, 2024. The tentative listing date for HVAX Technologies is Oct 7, 2024.

The total issue size is 732,000 shares(aggregating up to ₹33.53 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	138,000 / 105,300	244,500	732,000
Day 1 - 27-09-24 06:00 PM	0.00 / 1.09 x	1.79 x	1.13 x
Day 2 - 30-09-24 06:00 PM	0.00 / 1.61 x	4.17 x	2.43 x
Day 3 - 01-10-24 06:00 PM	14.02 / 77.92 x	26.69 x	34.16 x

Total No. of Applications: 21,752 (Approx)

HVAX Technologies Valuations

EPS Pre IPO

₹45.92/-

EPS Post IPO

₹33.82/-

P/E Pre IPO

9.97

P/E Post IPO

13.54

ROE

39.29%

ROCE

25.17%

Debt/Equity

0.80

RoNW

30.69%

PAT Margin

8.85

Price to Book Value

3.06

HVAX Technologies Company Financials All values are in ₹ Lakh

	31-Mar-24	31-Mar-23	31-Mar-22
Assets	6,366.32	7,825.59	5,386.78
Revenue	10,746.99	9,613.86	6,879.13
Profit After Tax	939.07	520.37	418.15
Net Worth	3,059.83	1,720.77	1,200.4
Reserves & Surplus	2,991.67	1,659.08	1,138.71
Total Borrowing	2,437.29	1,692.21	1,010.03

About The Company

Established in the year 2010, HVAX Technologies Limited has been offering comprehensive turnkey engineering, procurement, and execution services of controlled environment and cleanroom infrastructure, besides design, engineering, and consulting, to pharmaceutical and healthcare companies.

The company sells the following products made 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 pharmaceutical companies, chemical companies, hospitals, healthcare companies, and FMCG companies are some of the company's customers. HVAX Technologies has successfully completed almost 200 projects in India and in 15 countries, such as Algeria, Ethiopia, United Arab Emirates, Ghana, Kenya, Nepal, New Zealand, Nigeria, Saudi Arabia, Sri Lanka, South Africa, Tanzania, Uganda, and Zimbabwe. In addition, the Company has completed 53 projects, 48 projects, and 52 projects in FY 2024, FY 2023, and FY 2022 respectively, generating revenue from turnkey projects of Rs. 8445.73 lakhs, Rs. 9,343.63 lakhs, and Rs. 6,632.27 lakhs respectively.

As of August 31, 2024, the company had 125 permanent employees and 21 temporary and agency workers.

HVAX Technologies - Promoter(s)

Pre Issue Share Holding: 90.50%

Post Issue Share Holding: 66.65%

Company Promoter(s)

Nirbhaynarayan Singh
Prayagdatt Mishra

HVAX Technologies IPO - Issue Objectives

Funding the working capital requirements
General Corporate Purpose.

Other Details

Company Contact Details

HVAX Technologies

601, Lodha Supremus, I-Think Techno Campus,, Kanjurmarg (East), Mumbai - 400042

Phone: 022 4972 5039

Email: compliance@hvax.in

Website: http://www.hvax.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: hvax.ipo@kfintech.com

Website: https://kosmic.kfintech.com/ipostatus/

HVAX Technologies IPO - FAQs

Ans. HVAX Technologies Limited IPO is a SME IPO. The issue is priced at ₹435-458 per equity share. The minimum order quantity is 300 Shares. The IPO opens on Sep 27, 2024, and closes on Oct 1, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The HVAX Technologies Limited IPO opens on Sep 27, 2024 and closes on Oct 1, 2024.

Ans. The size of HVAX Technologies Limited IPO is 732,000 shares(aggregating up to ₹33.53 Cr).

Ans. The IPO price band is set between ₹435-458 per equity share.

Ans. To apply for HVAX Technologies Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find HVAX Technologies Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of HVAX Technologies Limited IPO is Oct 3, 2024.

Ans. The HVAX Technologies Limited IPO will be listed on Oct 7, 2024.

Ans. Follow the steps to check the allotment status for HVAX Technologies Limited IPO here.