
Emerging SME Services · NSE
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.
Price Band
₹435 – ₹458
Issue Size
₹33.53 Cr
Lot Size
300 shares
GMP
+5.5%
Est. Listing
₹483
at current GMP
Subscribed
34.26x
overall
Open
27 Sep 2024
Close
1 Oct 2024
Allotment
3 Oct 2024
Refund
4 Oct 2024
Demat Credit
5 Oct 2024
Listing
7 Oct 2024