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HVAX Technologies Ltd.

HVAX Technologies Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹458
₹458
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹458
Based on GMP
Min. Investment
₹137,400
1 lot × 300 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Sep 2024
Close Date
01 Oct 2024
Allotment
03 Oct 2024
Listing Date
07 Oct 2024
Exchange
NSE SME
Price Band
₹458
Listing Price
See chart
Allotment Status
Price Band
₹458
Per share
Face Value
₹10 per share
 
Lot Size
300 Shares
per lot
Issue Size
7,32,000 shares (aggregating up to ₹33.53 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹137,400
1 lot
Pre-IPO Holding
20,44,875 shares
Promoters
Post-IPO Holding
27,76,875 shares
Promoters
P/E (Pre)
9.97x
 
P/E (Post)
13.54x
 
EPS (Pre)
₹45.92
 
EPS (Post)
₹33.82
 
UPI Deadline
2024-10-01
Mandate
Anchor AllotmentThu, 26 Sep 2024
Basis of AllotmentThu, 03 Oct 2024
Refund InitiationFri, 04 Oct 2024
Demat CreditFri, 04 Oct 2024
Listing DayMon, 07 Oct 2024
UPI Mandate Deadline2024-10-01
Sale TypeFresh Capital
Net Offer to Public6,94,800 shares (aggregating up to ₹31.82 Cr)
Market Maker Quota37,200 shares (aggregating up to ₹1.70 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
HVAX Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
37,200
₹1.70
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
732,000
100% ₹33.53
IPO Shares Offered
HVAX Technologies Ltd. IPO total issue size: ₹33.53 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 37,200 ₹1.70
5.08%
Total 732,000 ₹33.53
100.00%
* Based on upper price band ₹458 per share
Lot Size & Investment
Lot Size
300
Shares per Lot
Issue Price
₹458.00
Upper Band
Min Investment
₹137,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2600₹274,800
Retail (Max — 13 Lots)133,900₹1,786,200
S-HNI (Min — 14 Lots)144,200₹1,923,600
B-HNI (Min — 68 Lots)6820,400₹9,343,200
* Issue Price ₹458 × Lot Size 300 shares
IPO Schedule
Anchor
26 Sep 2024
✓ Done
IPO Open
27 Sep 2024
✓ Done
IPO Close
01 Oct 2024
✓ Done
Allotment
03 Oct 2024
✓ Done
Refunds
04 Oct 2024
✓ Done
Demat Credit
04 Oct 2024
✓ Done
Listing Day
07 Oct 2024
✓ Done
HVAX Technologies Ltd. — Live Price LIVE
₹458.00
INR · NSE
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Issue ₹458.00 Live Price
About HVAX Technologies Ltd.
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 teamConsistent implementation expertiseVisible growth thanks to a solid order backlogStrong and consistent financial performance supported by a solid internal control and risk management systemOn August 31, 2024, the company employed 125 permanent employees and 21 temporary and agency workers. 
Objects of the Issue
1
Funding the working capital requirements; and
2
General Corporate Purpose
HVAX Technologies Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹6,879.1
31 Mar 2022
₹9,613.9
31 Mar 2023
₹10,747.0
31 Mar 2024
Profit After Tax (PAT)
₹418.2
31 Mar 2022
₹520.4
31 Mar 2023
₹939.1
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 10746.99 9613.86 6879.13
EBITDA N/A N/A N/A
Profit After Tax (PAT) 939.07 520.37 418.15
Net Worth 3059.83 1720.77 1200.40
Total Assets 6366.32 7825.59 5386.78
Reserves & Surplus 2991.67 1659.08 1138.71
Borrowings 2437.29 1692.21 1010.03
EBITDA Margin (%) N/A
PAT Margin (%) 8.85%
P/BV Ratio
3.06
RoE
39.29%
RoCE
25.17%
RoNW
30.69%
PAT Margin
8.85%
Debt/Equity
0.80
Issue Structure & Shareholding
Total Shares Offered7,32,000 (100.00%)
Net Offer to Public6,94,800 shares (aggregating up to ₹31.82 Cr)
Reserved for Market Maker37,200 shares (aggregating up to ₹1.70 Cr)
Pre-Issue Promoter Holding20,44,875 shares
Post-Issue Promoter Holding27,76,875 shares
P/BV Ratio3.06
RoE39.29%
RoCE25.17%
Debt / Equity0.80
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much HVAX Technologies Ltd. IPO subscribed?

HVAX Technologies Ltd. IPO is subscribed 1.00 times by Oct 01, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is HVAX Technologies Ltd. IPO retail subscription status?

The HVAX Technologies Ltd. IPO retail category is subscribed 1.00 times as of 01 Oct 2024. The retail portion is oversubscribed.

How to subscribe HVAX Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Sep 2024 and closes 01 Oct 2024. Min investment: ₹137,400 (1 lot = 300 shares). UPI mandate: 2024-10-01.

How many times HVAX Technologies Ltd. IPO subscribed?

The HVAX Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check HVAX Technologies Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Oct 2024. Refunds: on 04 Oct 2024.

When HVAX Technologies Ltd. IPO will be listed?

The HVAX Technologies Ltd. IPO listing date is 07 Oct 2024, Monday. Listed on: NSE SME. Issue price: ₹458. Estimated listing: ₹458. GMP: NIL.

When HVAX Technologies Ltd. IPO close?

The HVAX Technologies Ltd. IPO closes on 01 Oct 2024, Tuesday. UPI mandate: 2024-10-01. Allotment: 03 Oct 2024. Listing: 07 Oct 2024.