HVAX Technologies IPO Date, Review, Price, Allotment Details

HVAX Technologies IPO Details

HVAX Technologies IPO IPO Market Lot

The HVAX Technologies IPO minimum market lot is 300 shares with ₹137,400 application amount.

HVAX Technologies IPO Dates

The HVAX Technologies IPO date is September 27, 2024 and the close date is October 1, 2024. The HVAX Technologies IPO allotment will be finalized on October 3, 2024 and the IPO listing on October 7, 2024.

Promoters of HVAX Technologies IPO

The promoters of the company are Nirbhaynarayan Singh and Prayagdatt Mishra.

About HVAX Technologies IPO

The Hvax Technologies Limited was originally located in the 601, Lodha Supremus, I-Think Techno Campus, Kanjurmarg (East), Mumbai – 400042, Maharashtra as a Private Limited company under the Companies Act, 1956 vide certificate of incorporation dated November 26, 2010, issued by Deputy Registrar of Companies, Maharashtra, Mumbai. Additionally, the Company was converted from a private limited company to a public limited company pursuant to a special resolution passed in the Extra Ordinary General Meeting of our Company dated December 11, 2023, and changed by the name of Private to Public Limited on 8 January 2024.

This company is engaged in turnkey projects in engineering, procurement, and execution of controlled environment infrastructure and cleanrooms, as well as design, engineering, and consultancy services for pharma and healthcare companies. Under the design, engineering, and consultancy service vertical they offer engineering consultancy, GAP analysis and validation, containment consultancy, technology transfer, and project feasibility studies for our customers in the pharma space.

They have a business model that is well diversified by customers and geographically spread, and they have a strong customer focus as well. Their customer base comprises customers to whom they could supply equipment and undertake installation (“turnkey solutions”); design, engineering, and consultancy services for pharma and healthcare companies; and sale and supply of equipment.

HVAX Technologies IPO Company Financial Report

The company reported revenue of ₹107.47 crores in 204 against ₹96.14 crore in 2023. The company reported profit of ₹9.39 crores in 2024 against profit of ₹5.20 crores in 2023.

Amount ₹ in Crores

HVAX Technologies IPO Valuation – FY2024

Check HVAX Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding the working capital requirements; and
• General Corporate Purpose.

HVAX Technologies IPO Review

• IPO Watch – May Apply
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HVAX Technologies IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

IPO Lead Managers aka Merchant Bankers

• Fedex Securities Pvt Ltd

Company Address

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 FAQs