HVAX Technologies Limited launched its IPO on September 27, 2024. The HVAX Technologies IPO is a book-built issue that aims to raise ₹33.53 crores through a fresh issue of 7.32 lakh shares. With its IPO segment, the company plans to raise ₹33.53 crores by offering 7.32 lakh shares at a price between ₹435 and ₹458 each. Retail investors can participate with a minimum lot size of 300 shares. The IPO Allotment is expected on October 3, with the NSE SME listing set for October 7.
HVAX Technologies IPO Details
| Detail | Information |
| IPO Opening Date | September 27, 2024 |
| IPO Closing Date | October 1, 2024 |
| Listing Date | October 7, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹435 to ₹458 per share |
| Lot Size | 300 shares |
| Total Issue Size | 7,32,000 shares (₹33.53 Cr) |
| Fresh Issue | 7,32,000 shares (₹33.53 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 20,44,875 shares |
Overview of HVAX Technologies Limited
HVAX Technologies Limited, established in 2010, provides turnkey engineering, procurement, and execution of controlled environment and cleanroom infrastructure. It serves various industries, including pharmaceuticals, healthcare, and FMCG, with a focus on design, engineering, and consulting services.
Learn how to apply for the HVAX IPO in just a few simple steps!
HVAX Technologies Limited IPO Key Details
- HVAX Technologies IPO Opening Date: September 27, 2024
- HVAX Technologies IPO Closing Date: October 1, 2024
- HVAX Technologies Allotment Date: October 3, 2024
- HVAX Technologies IPO Price Band: ₹435 to ₹458 per share
- HVAX Technologies IPO Lot Size: 300 shares
- IPO Refunds Initiated: October 4, 2024
- Shares Credited to Demat: October 4, 2024
- IPO Listing Date: October 7, 2024
- HVAX Technologies IPO Subscription Status: 0.34 times on September 27, 2024, 12:01:05 PM (Day 1).
HVAX Technologies Ltd: Financial Highlights for 2024
HVAX Technologies Limited’s revenue increased by 12% from the previous year.
Here’s the financial summary
| Period Ended | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) |
| 31 Mar 2024 | 6366.32 | 10746.99 | 939.07 |
| 31 Mar 2023 | 7825.59 | 9613.86 | 520.37 |
| 31 Mar 2022 | 5386.78 | 6879.13 | 418.15 |
FAQs | HVAX Technologies Ltd IPO
HVAX Technologies Ltd is a provider of cleanroom and controlled environment infrastructure solutions to various industries, including pharmaceuticals and healthcare.
The bidding date for the HVAX Technologies IPO is from September 27, 2024, to October 1, 2024.
The IPO lot size for HVAX Technologies is 300 shares.
The HVAX Technologies IPO launch date is September 27, 2024, remaining open for subscription until October 1, 2024.
You can check the allotment of IPO shares through the official registrar’s website.
The IPO allotment is expected to be finalized on Thursday, October 3, 2024.
The IPO face value is set at ₹10 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.