HVAX Technologies IPO GMP, Review, Price, Allotment

HVAX Technologies IPO description – HVAX Technologies specializes in turnkey projects for the engineering, procurement, and execution of controlled environment infrastructure and cleanrooms, as well as providing design, engineering, and consultancy services to pharma and healthcare companies. As part of these projects, the company supplies a range of third-party manufactured products, including cleanroom wall and ceiling panels, covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, prefabricated galvanized iron (GI) ducts, air handling units, chillers, Building Management Systems (BMS) equipment, and utility generation and distribution equipment.

HVAX Technologies serves a diverse range of clients, including pharmaceutical, chemical, healthcare, hospital, and FMCG companies. The company has completed around 200 projects in India and 15 other countries, including Algeria, Ethiopia, the UAE, Ghana, Kenya, Nepal, New Zealand, Nigeria, Saudi Arabia, Sri Lanka, South Africa, Tanzania, Uganda, and Zimbabwe.

In FY 2024, FY 2023, and FY 2022, HVAX Technologies completed 53, 48, and 52 projects, respectively. As of 31 August 2024, the company employs 125 permanent staff members and 21 temporary workers.

Promoters of HVAX Technologies – Mr. Nirbhaynarayan Singh, and Mr. Prayagdatt Mishra

HVAX Technologies IPO Details

HVAX Technologies IPO Dates	27 Sep – 1 Oct 2024
HVAX Technologies Issue Price	INR 435 – 458 per share
Fresh issue	7,32,000 shares (INR 31.84 – 33.53 crore)
Offer For Sale	NIL
Total IPO size	7,32,000 shares (INR 31.84 – 33.53 crore)
Minimum bid (lot size)	300 shares (INR 1,37,400)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE Emerge

HVAX Technologies Financial Performance

	FY 2022	FY 2023	FY 2024
Revenue	68.26	95.93	106.06
Expenses	63.21	89.15	94.88
Net income	4.18	5.20	9.39

Figures in INR Crores unless specified otherwise

HVAX Technologies Offer News

HVAX Technologies Valuations & Margins

	FY 2022	FY 2023	FY 2024
EPS	22.59	28.12	47.36
PE ratio	–	–	9.18 – 9.67
RONW (%)	34.83	30.24	30.69
NAV	64.86	92.98	149.63
ROCE (%)	26.91	22.20	25.17
EBITDA (%)	10.09	8.92	13.04
Debt/Equity	0.84	0.98	0.80

*Compiled by IPO Central from Prospectus

HVAX Technologies IPO GMP Today

HVAX Technologies IPO Subscription – Live Updates

The market maker reservation portion of shares is not included in the above calculations.

HVAX Technologies IPO Allotment Status

HVAX Technologies IPO allotment status will be available on Kfin Technologies’ website. Click on this link to get allotment status.

HVAX Technologies IPO Dates & Listing Performance

IPO Opening Date	27 September 2024
IPO Closing Date	1 October 2024
Finalization of Basis of Allotment	3 October 2024
Initiation of refunds	4 October 2024
Transfer of shares to demat accounts	4 October 2024
IPO Listing Date	7 October 2024
Opening Price on NSE SME	Coming soon
Closing Price on NSE SME	Coming soon

HVAX Technologies Offer Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in

HVAX Technologies Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com

HVAX TECHNOLOGIES LIMITED
601, Lodha Supremus, I-Think Techno Campus,
Kanjurmarg (East), Mumbai – 400042, Maharashtra
Phone: 022 4972 5039
E-mail: [email protected]
Website: www.hvax.in