HVAX Technologies IPO Details
| IPO Open Date: | September 27, 2024 |
| IPO Close Date: | October 1, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹435 to ₹458 Per Share |
| Issue Size: | Approx ₹33.53 Crores |
| Fresh Issue: | Approx ₹33.53 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
HVAX Technologies IPO IPO Market Lot
The HVAX Technologies IPO minimum market lot is 300 shares with ₹137,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 300 | ₹137,400 |
| Retail Maximum | 1 | 300 | ₹137,400 |
| HNI Minimum | 2 | 600 | ₹274,800 |
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.
| IPO Open Date: | September 27, 2024 |
| IPO Close Date: | October 1, 2024 |
| Basis of Allotment: | October 3, 2024 |
| Refunds: | October 4, 2024 |
| Credit to Demat Account: | October 4, 2024 |
| IPO Listing Date: | 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
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹68.79 | ₹63.21 | ₹4.18 | ₹53.87 |
| 2023 | ₹96.14 | ₹89.15 | ₹5.20 | ₹78.26 |
| 2024 | ₹107.47 | ₹94.88 | ₹9.39 | ₹63.66 |
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.
| KPI | Values |
| ROE: | 39.29% |
| ROCE: | 25.17% |
| EBITDA Margin: | 13.04% |
| PAT Margin: | 8.85% |
| Debt to equity ratio: | 0.80 |
| Earning Per Share (EPS): | ₹47.36 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 30.69% |
| Net Asset Value (NAV): | ₹149.63 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Ahlada Engineers Limited | 10.56 | 10.64 | 9.93% | 106.42 | 259.52 Cr. |
Objects of the Issue
- Funding the working capital requirements; and
- General Corporate Purpose.
HVAX Technologies IPO Review
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
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
What is HVAX Technologies IPO?
When HVAX Technologies IPO will open for subscription?
What is HVAX Technologies IPO Investors Portion?
How to Apply the HVAX Technologies IPO?
What is HVAX Technologies IPO Issue Size?
What is HVAX Technologies IPO Price Band?
What is HVAX Technologies IPO Lot Size?
What is the HVAX Technologies IPO Allotment Date?
What is the HVAX Technologies IPO Listing Date?
Note: The HVAX Technologies IPO price band and date are officially announced. The (HVAX Technologies IPO grey market premium) will be added to the IPO GMP page as it will start).
One Response
The issue is priced at ₹435 to ₹458 per equity share.
we feel that your issue price is more asper turnover.
KPI Values
ROE: 39.29%
ROCE: 25.17%
EBITDA Margin: 13.04%
PAT Margin: 8.85%
Debt to equity ratio: 0.80