HVAX Technologies Limited
ListedSMEEmerging 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
₹25
+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
Last updated 12 days ago
Overall Subscription
34.26x
Total Demand
QIB Multiplier
14.02x
Institutions & Funds
NII / HNI
78.28x
High Net-Worth
Retail (RII)
26.72x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 138,000 | 1,934,400 | 14.02x |
| NIB | 105,300 | 8,243,100 | 78.28x |
| RETAIL | 244,500 | 6,533,700 | 26.72x |
| Total | 487,800 | 16,711,200 | 34.26x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 854 | 22,819 | 26.72x |
| HNIs (10L +) | 5 | 391 | 78.28x |
| HNIs (2-10L) | 26 | 2,035 | 78.28x |
| Total Applications | 885 | 25,245 | 28.53x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About HVAX Technologies Limited Public Issue & Market Profile
HVAX Technologies Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹33.53 Crores. The shares are offered at a price band of ₹435 to ₹458 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 300 shares (approx. ₹1,37,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-05, while un-allotted funds or UPI block mandates will be released on 2024-10-04.
Frequently Asked Questions
What is HVAX Technologies Limited IPO GMP today?
The latest Grey Market Premium (GMP) for HVAX Technologies Limited IPO is ₹25 per equity share. Based on the upper price band of ₹435 to ₹458 per equity share, the estimated listing price is ₹483 (+5.5% expected listing gain).
What is the expected profit per lot for HVAX Technologies Limited IPO?
With a lot size of 300 shares and current GMP of ₹25, the expected profit per application lot is approx ₹7,500 (+5.5% gain). Minimum application cost is approx ₹1,37,400.
What is the issue size and price band for HVAX Technologies Limited IPO?
The HVAX Technologies Limited IPO aggregate issue size is ₹33.53 Crores with an equity price band set at ₹435 to ₹458 per equity share. The retail lot size is 300 shares requiring a minimum capital outlay of approx. ₹1,37,400.
How can I check HVAX Technologies Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 34.26x (Retail: 26.72x, QIB: 14.02x, NII: 78.28x). You can track live multiples directly on our dedicated subscription page.
Where and when will HVAX Technologies Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-10-03. Investors can verify status using PAN card or application number.
When is the listing date for HVAX Technologies Limited IPO?
HVAX Technologies Limited shares are scheduled to list on NSE on 2024-10-07.