HVAX Technologies IPO Details
| IPO Size | ₹33.53 Cr |
| Price Range | ₹435 - ₹458 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 300 |
| Investment (cut-off price) | ₹137,400 |
| Pre IPO Promotor Holding | 90.50% |
| Post IPO Promotor Holding | 66.65% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
HVAX Technologies IPO Timelines
27/09/2024
Start Date01/10/2024
End Date04/10/2024
Refund Initiation04/10/2024
Credit of Shares to Demat Ac07/10/2024
Listing DateHVAX Technologies IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 300 | ₹137,400 |
| Retail Maximum | 1 | 300 | ₹137,400 |
| HNI Minimum | 2 | 600 | ₹274,800 |
HVAX Technologies IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 14.02x | 77.92x | 26.69x | -- | 34.16x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹486 | ₹490.35 | ₹508 | ₹461.70 |
HVAX Technologies IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹68.79 | ₹63.21 | ₹4.18 |
| FY 2023 | ₹96.14 | ₹89.15 | ₹5.20 |
| FY 2024 | ₹107.47 | ₹94.88 | ₹9.39 |
About Company
HVAX began its journey in 2010 with a focus on building controlled environment projects centered on viability. Over the past decade, the company has grown, completing over 200 projects in 20 countries, establishing a reputation as a dependable partner for its clients.
HVAX delivers seamless engineering projects, offering critical components essential to pharmaceutical and biotech facilities. The company is part of the $300 billion global pharmaceutical industry, which is growing at 12-15% CAGR in Asia and Africa. HVAX itself has grown at a CAGR of 47% over the last decade.
With diversification into healthcare, food, and containment projects, HVAX is aiming for a $35 million target by 2026. It is continuously upgrading its people, processes, and operational excellence to tap into more global markets and build viable infrastructure for its customers.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Engineering | Prayagdatt Mishra |
Know Before Investing
HVAX Technologies IPO Strengths
- Promoters and management team have extensive industry experience.
- Strong end-to-end project execution capabilities.
- Growth potential supported by a robust order book.
- Scalable business model allows for future expansion.
HVAX Technologies IPO Risks
- The company relies on a limited number of customers for sales; losing any major customer may negatively impact revenue and profitability.
- Dependence on a few key suppliers means losing any major supplier could disrupt business operations.
- A significant portion of the company’s supplies comes from related parties, HVAX Engineering and Isovax Technologies, increasing reliance on internal partnerships.
Swot Analysis for HVAX Technologies IPO
Strengths
Weaknesses
Opportunities
Threats
Company Details
HVAX Technologies Limited
601, Lodha Supremus,
I-Think Techno Campus,
Kanjurmarg (East), Mumbai – 400042
Phone: 022 4972 5039
Email: [email protected]
Website: http://www.hvax.in/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of HVAX Technologies IPO are:
- Funding the working capital requirements; and
- General Corporate Purpose.
Fedex Securities Pvt Ltd is the book-running lead managers for the HVAX Technologies IPO.