HVAX Technologies Ltd
Price Range
₹435 - ₹458
Min. Quantity
300
Closes on
1 October 2024
Min. investment
₹1,37,400/300 Shares
HVAX Technologies Ltd IPO Timeline
HVAX Technologies Limited was originally incorporated as 'HVAX Technologies Private Limited' as a Private Limited Company vide Certificate of Incorporation dated November 26, 2010 issued by Deputy Registrar of Companies, Maharashtra, Mumbai. Further, Company was converted to Public Limited Company and the name was changed to 'HVAX Technologies Limited' and a fresh Certificate of Incorporation dated January 8, 2024 was issued to the Company by the Registrar of Companies, Mumbai.
| Event | Date |
|---|---|
| HVAX Technologies Ltd IPO Opening Date | 27 September 2024 |
| HVAX Technologies Ltd IPO Closing Date | 1 October 2024 |
| Basis of Allotment | 3 October 2024 |
| Initiation of Refunds | 4 October 2024 |
| Credit of Shares to Demat | 4 October 2024 |
| HVAX Technologies Ltd IPO Listing Date | 7 October 2024 |
HVAX Technologies Ltd IPO Details
| HVAX Technologies Ltd IPO Date | 27 September 2024 to 1 October 2024 |
| HVAX Technologies Ltd IPO Face Value | ₹10 per share |
| HVAX Technologies Ltd IPO Price | ₹435 to ₹458 per share |
| HVAX Technologies Ltd IPO Lot Size | 300 |
| Issue Size | Shares of ₹10 (aggregating up to ₹33.53 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹33.53 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Nirbhaynarayan Singh, Prayagdatt Mishra |
HVAX Technologies Ltd IPO Lot Size
The HVAX Technologies Ltd IPO lot size is 300 shares. A retail-individual investor can apply for up to 1 lots (300 shares or ₹1,37,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 300 | ₹1,37,400 |
| Maximum | 1 | 300 | ₹1,37,400 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management Team.
- End-to-end execution capabilities.
- Visible growth through a robust order book.
- Scalable Business Model.
Company Financials
HVAX Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 63.66 | 107.47 | 9.39 |
| 03-2023 | 78.26 | 96.14 | 5.20 |
| 03-2022 | 53.87 | 68.79 | 4.18 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding its working capital requirements
- General corporate purposes
HVAX Technologies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 45.24% |
| Post Issue Share Holding | 33.32% |
HVAX Technologies Ltd IPO Subscription Status (Bidding Detail)
The HVAX Technologies Ltd IPO is subscribed 31.8309 times on 1 October 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 31.8309 |
HVAX Technologies Ltd IPO Prospectus
HVAX Technologies Ltd IPO Listing Date
| Listing Date | 7 October 2024 |
| BSE Script | 93247 |
| NSE Symbol | HVAX |
| Listing In | NSE - SME |
| ISIN | INE0TO501019 |
| IPO Price | ₹458 |
| Face Value | ₹10 |
Company Contact Information
601 Lodha IThink Techno CampusKanjumarg (East),Mumbai-400042
Phone: 022 4972 5039
Email: compliance@hvax.in
Website: www.hvax.in
HVAX Technologies Ltd IPO Registrar
HVAX Technologies Ltd IPO Lead Manager(s)
- Fedex Securities Pvt Ltd
FAQ
What is the issue size of HVAX Technologies Ltd IPO?
I have pre-applied for HVAX Technologies Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.