HVAX Technologies IPO
HVAX Technologies is an NSE SME IPO listed on the NSE SME platform, priced at ₹435–₹458 per share. The stock debuted at ₹486, delivering a listing gain of 6.1%. The IPO had a lot size of ₹300 shares and a minimum investment of ₹1,37,400.
HVAX Technologies Limited IPO
- IPO Dates
- Sep 27, 2024 – Oct 1, 2024
- Price band
- ₹435-458 per equity share
- Minimum Investment
- ₹1,37,400
- Issue size
- ₹33.53 Cr
- Lot size
- 300
- Allotment Date
- Oct 3, 2024
- Listing
- Oct 7, 2024
- Listing At
- NSE SME
IPO timeline
-
Sep 27, 2024
Open Date
Completed
-
Oct 1, 2024
Close Date
Completed
-
Oct 3, 2024
Allotment Date
Completed
-
Oct 7, 2024
Listing Date
Completed
HVAX Technologies IPO Essentials
HVAX Technologies IPO Details
HVAX Technologies IPO is priced at ₹435-458 per share with a total issue size of 33.53 crore. The IPO has a lot size of 300 shares and is listed on NSE SME.
- Issue price
- ₹435-458 per equity share
- Lot size
- 300 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 732,000 shares(aggregating up to ₹33.53 Cr)
- Total issue size
- 7,32,000 shares
(aggregating up to ₹33.53 crore) - Fresh issue
- 7,32,000 shares
(aggregating up to ₹33.53 crore) - Listing at
- NSE SME
- List price
- 486.0
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Fedex Securities Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 300 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 300 | ₹1,37,400 |
| Retail(max) | 1 | 300 | ₹1,37,400 |
| NII (min) | 2 | 600 | ₹2,74,800 |
HVAX Technologies IPO Reservation
HVAX Technologies IPO reservation details show category-wise allocation of shares. Out of the total 732,000 shares, approximately 18.85% are reserved for QIB, 14.39% for NII, 33.4% for retail investors, 5.08% for market maker, and 28.28% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 207,000 (28.28%) | |
| Market Maker Shares Offered | 37,200 (5.08%) | |
| QIB Shares Offered | 138,000 (18.85%) | |
| NII (HNI) Shares Offered | 105,300 (14.39%) | |
| Retail Shares Offered | 244,500 (33.4%) | |
| Total Shares Offered | 732,000 (100%) |
HVAX Technologies IPO Analytics
HVAX Technologies IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
HVAX Technologies IPO Subscription Status
HVAX Technologies IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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 |
HVAX Technologies Valuations
Earnings
- EPS Pre IPO
- ₹45.92/-
- EPS Post IPO
- ₹33.82/-
- P/E Pre IPO
- 9.97
- P/E Post IPO
- 13.54
Returns
- ROE
- 39.29%
- ROCE
- 25.17%
- RoNW
- 30.69%
- PAT Margin
- 8.85
Fundamentals
- Debt / Equity
- 0.80
- Price / Book
- 3.06
HVAX Technologies Financials( In Lakhs)
| 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 |
HVAX Technologies Company & Offer Insights
About HVAX Technologies
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)
Nirbhaynarayan Singh, Prayagdatt Mishra are the company's promoters of HVAX Technologies.
HVAX Technologies IPO Issue Objectives
- •
- Funding the working capital requirements
- •
- General Corporate Purpose.
HVAX Technologies IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| HVAX Technologies Limited | 47.36 | 47.36 | 149.6 | N/A | 30.69 | 3.07 | Restated |
| Ahlada Engineers Limited | 10.56 | 10.56 | 106.42 | 10.64 | 9.93 | N/A | Standalone |
Notes:
- Earnings per Equity Share (Basic & Diluted) = Restated profit for the period/year attributable to the Equity Shareholders / Weighted average number of Equity Shares outstanding during the period/year.
- Net Asset Value per Equity Share is calculated as net worth attributable to the Equity Shareholders of HVAX Technologies Limited at the end of the financial period/year divided by the weighted average number of Equity Shares used in calculating basic earnings per share.
- Return on Net Worth is computed as restated net profit/(loss) after tax attributable to equity holders of HVAX Technologies Limited divided by restated average Net Worth for Equity Shareholders.
Contact Information
Contact Details
HVAX Technologies
022 4972 5039
601, Lodha Supremus, I-Think Techno Campus,, Kanjurmarg (East), Mumbai - 400042
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
HVAX Technologies IPO is a book-built IPO worth ₹33.53 crore. The price band is ₹435–₹458 per share. The IPO opens on Sep 27, 2024 and closes on Oct 1, 2024. It will be listed on NSE SME Platform. Kfin Technologies Limited is the registrar.
The price band of HVAX Technologies IPO is ₹435 to ₹458 per share.
The lot size of HVAX Technologies IPO is 300 shares.
The minimum investment for HVAX Technologies IPO is approximately ₹1,37,400 based on the upper price band .
HVAX Technologies IPO opens on Sep 27, 2024 and closes on Oct 1, 2024.
The allotment date of HVAX Technologies IPO is Oct 3, 2024.
HVAX Technologies IPO is expected to be listed on Oct 7, 2024, on NSE SME Platform.
HVAX Technologies IPO valuation snapshot: P/E 13.54, EPS ₹33.82/-, P/B 3.06, RoNW 30.69%, and market cap N/A.
To apply for HVAX Technologies IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of HVAX Technologies IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for HVAX Technologies IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check HVAX Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the HVAX Technologies IPO allotment status on IPO Ji for quick and easy access.