HVAX Technologies Ltd., established in 2010, operates in the Furniture, Furnishing & Flooring sector. The company's IPO opened on September 27, 2024 and closed on October 1, 2024, with an issue price ... Read more
Since our incorporation in 2010, we have evolved from our origins of acting as a HVAC project contractor and have developed expertise in undertaking turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and ... Read more
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 2,07,000 (28.28%) |
| Market Makers | 37,200 (5.08%) |
| Non Institutional Investors | 1,05,300 (14.39%) |
| Qualified Institutional Buyers (QIBs) | 1,38,000 (18.85%) |
| Retail Individual Investors (RIIs) | 2,44,500 (33.4%) |
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 107.47 Cr | 9.39 Cr | 29.92 Cr |
| 31 Mar 2023 | 96.14 Cr | 5.20 Cr | 16.59 Cr |
| 31 Mar 2022 | 68.79 Cr | 4.18 Cr | 11.39 Cr |
Our Company was originally incorporated as “HVAX Technologies Private Limited” as a private limited company under the Companies Act, 1956 vide certificate of incorporation dated November 26, 2010 issued by Deputy Registrar of Companies, Maharashtra, Mumbai. Further, our Company was ...
Read more1. Funding our working capital requirements
2. General Corporate Purpose
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 458.00 |
| Open | - | ₹ 486.00 |
| Low | - | ₹ 461.70 |
| High | - | ₹ 508.00 |
| Last Trade | - | ₹ 490.35 |
1. Nirbhaynarayan Singh
2. Prayagdatt Mishra
Real GDP or GDP at Constant (2011-12) Prices in the year 2023-24 is estimated at Rs. 172.90 lakh crores (US$ 2.07 trillion), against the First Revised Estimates (FRE) of GDP for the year 2022-23 of Rs. 160.71 lakh crores (US$ 1.92 trillion). The growth in real GDP during 2023-24 is estimated at ... Read more
When does HVAX Technologies Ltd. IPO opens and closes?
What is the size of HVAX Technologies Ltd. IPO?
What is the price range of HVAX Technologies Ltd. IPO?
What is the minimum investment and lot size required for the HVAX Technologies Ltd. IPO?
When is HVAX Technologies Ltd. IPO listing date?
What is the objective of HVAX Technologies Ltd. IPO?
HVAX Technologies, founded in 2010, specializing in providing comprehensive engineering, procurement, and construction (EPC) solutions is raising Rs. 33.53 crores through an initial public offering (IPO) which will open for subscription on September 27 and close on October 1. The IPO consists entirely of fresh equity shares, totaling 7.32 lakh shares and assigns at least 35% of the net issue to retail investors, 15% to high-net-worth individuals (HNIs), and up to 50% to eligible institutional buyers.
The price band for the IPO is set between Rs.435 - 458 per share. Retail investors can invest a minimum of Rs. 137,400 by purchasing 300 shares, while high net-worth individuals (HNIs) must invest at least Rs. 274,800 by buying 600 shares (2 lots). HVAX Technologies has successfully raised ₹9.48 crores from anchor investors ahead of its upcoming IPO. The company has allotted 2,07,000 shares to these investors at the anchor price of ₹458 per share. The anchor bidding for the IPO will take place on September 26.
The shares will officially list on the National Stock Exchange's Small and Medium Enterprises portal on October 7, and the allotment for the IPO is scheduled to be completed on October 3.
25 September 2024
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