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HVAXSME / NSEListed
HVAX Technologies

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.

DRHPANCHOR
₹435 - ₹45834.26x sub
Listed Price₹486.00
Listing Gain+6.11%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Sep 2024
Close01 Oct 2024
Allotment03 Oct 2024
Listing07 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail2,44,500 shares
33.4%
Nii (hni) 1,05,300 shares
14.39%
Anchor2,07,000 shares
28.47%
QIB1,38,000 shares
18.85%
Market Maker37,200 shares
5.08%

Minimum Application Lots

Retail1 Lot (300 shares)
₹1,37,400
HNI2 Lots (600 shares)
₹2,74,800

Company Promoters

Nirbhaynarayan SinghPrayagdatt Mishra

Company Background

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. Wit...

Lead Managers & Bankers

Fedex Securities Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2024 )₹10746.99 Cr
Growth+56.2%
Revenue Trend (₹ in Crores)
0.04.1k8.2k12.4kMar 2022Mar 2023 Mar 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2024 10,746.99939.076,366.322,437.29
Mar 2023 9,613.86520.377,825.591,692.21
Mar 20226,879.13418.155,386.781,010.03

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 47.3639.29%25.17%9.97 13.54
Mar-23 28.1235.63%22.20%00
Mar-2222.5942.18%26.91%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
03 Oct 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
07 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for HVAX Technologies. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization03 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date07 Oct 2024Trading commences on exchange

How to Check HVAX Technologies Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select HVAX Technologies from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About HVAX Technologies IPO

Complete issue overview for HVAX Technologies (HVAX) IPO. The issue features an equity share price band of ₹435 – ₹458 per share with a minimum retail lot size of 300 Shares (minimum application amount of ₹1,37,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions