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HVAXSME / NSEListed

HVAX Technologies Limited

HVAX Technologies Limited, founded in 2010, specializes in turnkey solutions for controlled environments and cleanroom infrastructure, primarily serving the pharmaceutical and healthcare sectors. The company provides a wide range of third-party-manufactured products, including cleanroom panels, doors, air handling units, and utility distribution systems. With a strong presence in industries like pharmaceuticals, healthcare, chemicals, and FMCG, HVAX has successfully completed around 200 projects across India and 15 countries, including Algeria, the UAE, New Zealand, and Saudi Arabia. Financially strong, the company executed 52 projects worth ₹6,632.27 lakhs in FY 2022, 48 projects generating ₹9,343.63 lakhs in FY 2023, and 53 projects valued at ₹8,445.73 lakhs in FY 2024. As of August 31, 2024, HVAX employs 125 permanent staff and 21 temporary workers, positioning itself for continued growth in the cleanroom infrastructure industry.

₹435 - ₹45834.26x sub
Listed Price486.00
Listing Gain+6.11%
TimelineBook Built Issue IPO
Open27 Sep 2024
Close01 Oct 2024
Allotment03 Oct 2024
Listing07 Oct 2024

Quota Reservation Portions

RetailPortion: 2,44,500 shares
33.4%
Nii (hni) Portion: 1,05,300 shares
14.39%
AnchorPortion: 2,07,000 shares
28.47%
QIBPortion: 1,38,000 shares
18.85%
Market MakerPortion: 37,200 shares
5.08%

Minimum Application Bracket Matrix

Retail1 lots / 300 shares
₹1,37,400
HNI2 lots / 600 shares
₹2,74,800

About the Company

HVAX Technologies Limited, founded in 2010, specializes in turnkey solutions for controlled environments and cleanroom infrastructure, primarily serving the pharmaceutical and healthcare sectors. The company provides a wide range of third-party-manufactured products, including cleanroom panels, doors, air handling units, and utility distribution systems. With a strong presence in industries like pharmaceuticals, healthcare, chemicals, and FMCG, HVAX has successfully completed around 200 projects across India and 15 countries, including Algeria, the UAE, New Zealand, and Saudi Arabia. Financially strong, the company executed 52 projects worth ₹6,632.27 lakhs in FY 2022, 48 projects generating ₹9,343.63 lakhs in FY 2023, and 53 projects valued at ₹8,445.73 lakhs in FY 2024. As of August 31, 2024, HVAX employs 125 permanent staff and 21 temporary workers, positioning itself for continued growth in the cleanroom infrastructure industry.

Company Promoters

Nirbhaynarayan SinghPrayagdatt Mishra
HVAX Technologies Limited IPO Details | GMP, Allotment & Financials | IPO Trending