HVAX Technologies IPO

HVAX Technologies Ltd

₹1,30,500 /300 sharesMinimum Investment

HVAX Technologies IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹458.00₹486.00₹28.00 (6.11%)

HVAX Technologies IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
27 Sep ‘24 - 1 Oct ‘24₹1,30,500300₹435 - ₹458
Issue SizeIPO Doc
33.53Cr
RHP PDF

Subscription rate

As of 01 Oct'24, 05:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total22.0794285714286x

About HVAX Technologies

HVAX Technologies began in 2010 as a heating, ventilation, and air conditioning (HVAC) project contractor and has since evolved to concentrate on engineering, procurement, and execution of controlled environment infrastructure and cleanrooms. The company is now involved in turnkey projects and offers designing, engineering, and consulting services for the pharmaceutical and healthcare sectors. As part of its turnkey solutions, HVAX Technologies supplies third-party manufactured products, including cleanroom wall panels, ceiling panels, covings, riser panels, cleanroom doors, flooring systems, pass boxes, air showers, LT/HT electrical panels, prefabricated galvanised iron (GI) ducts, air handling units, chillers, building management systems (BMS) equipment, and utility generation and distribution equipment.;
Founded in
2010
Managing director
Mr. Prayagdatt Mishra
Parent organisation
HVAX Technologies Ltd

Strengths & Financials of HVAX Technologies

Strengths
Risks
Since its inception, the company has completed around 200 projects in India and 15 other countries, including Algeria, Ethiopia, the UAE, Ghana, Kenya, Nepal, New Zealand, Nigeria, Saudi Arabia, Sri Lanka, South Africa, Tanzania, Uganda, and Zimbabwe.
In its design, engineering, and consultancy service vertical, HVAX Technologies provides a range of offerings, including engineering consultancy, gap analysis and validation, containment consultancy, technology transfer, and project feasibility studies for clients in the pharmaceutical sector.
The company is ISO 9001:2015 certified for quality management systems and claims that its quality control systems comply with ROHS certifications.
The company claims to have a strong order book, with ongoing projects valued at approximately Rs 153.64 crore as of August 1, 2024.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 68.26 crore in FY22 to Rs 95.93 crore in FY23 to Rs 106.06 crore in FY24, while PAT increased from Rs 4.18 crore in FY22 to Rs 5.20 crore in FY23 to Rs 9.39 crore in FY24.

HVAX Technologies Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of HVAX Technologies IPO

Apply asPrice bandApply upto
Regular435 - 458₹2 Lakh
High Networth Individual435 - 458₹2 - 5 Lakh
For HVAX Technologies IPO, eligible investors can apply as Regular.
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