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HVAX Technologies Limited
Issue Size (Net)
up to Rs.33.53 Cr
Price Band
Rs.435 to Rs.458 per share
Issue Opens
September 27, 2024
Issue Closes
September 1, 2024

Company Highlights

1.Company Information

Established in 2010, HVAX Technologies Limited provides turnkey engineering, procurement, and execution of controlled environment and cleanroom infrastructure, design, engineering, and consulting services to pharmaceutical and healthcare companies.
The company supplies the following products manufactured by third parties: - Cleanroom wall panels, Cleanroom ceiling panels, Covings, Riser panels, Cleanroom doors, Flooring systems, Pass boxes, Air showers, LT/HT electrical panels, Pre-fabricated galvanized iron (GI) ducts, Air handling units, Chillers, Building Management Systems (BMS) Equipment, Utility generation and distribution Equipment.
The company's customers include pharmaceutical companies, chemical companies, hospitals, healthcare companies, and FMCG companies. HVAX Technologies has completed around 200 projects in India and in 15 countries, namely Algeria, Ethiopia, the United Arab Emirates, Ghana, Kenya, Nepal, New Zealand, Nigeria, Saudi Arabia, Sri Lanka, South Africa, Tanzania, Uganda and Zimbabwe. Further, the Company has executed 53 projects, 48 projects, and 52 projects in FY 2024, FY 2023, and FY 2022

2. Objects of the Issue

1. Funding the working capital requirements; and
2.General Corporate Purposes

3.HVAX Technologies IPO Registrar
Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: hvax.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/

HVAX Technologies Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
6,366.32
10,746.99
939.07
3,059.83
2,991.67
2,437.29
31-Mar-23
7,825.59
9,613.86
520.37
1,720.77
1,659.08
1,692.21
Amount in Rs. Lakhs

HVAX Technologies IPO Details

Issue Opening Date
September 27, 2024
Issue Closing Date
September 1, 2024
Face Value
Rs.10 per share
Price
Rs.435 to Rs.458 per share
Lot Size
300 Shares
Issue Size
732,000 shares(aggregating up to Rs.33.53 Cr)
Fresh Issue
732,000 shares(aggregating up to Rs.33.53 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

HVAX Technologies IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, September 27, 2024
Closing Date
Tuesday, October 1, 2024
Basis of Allotment
Thursday, October 3, 2024
Initiation of Refunds
Friday, October 4, 2024
Credit of Shares to Demat
Friday, October 4, 2024
Listing Date
Monday, October 7, 2024
Cut-off time for UPI mandate confirmation
5 PM on October 1, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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