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HVAX Technologies IPO IPO

Mainline27 Sep to 1 Oct, 202427 Sep to 1 Oct, 2024
Open
27 Sep to 1 Oct, 2024
Close
27 Sep to 1 Oct, 2024
3
Allotment
Listing
Mon, Oct 7, 2024
Price Band
₹435 to ₹458
Issue Size
7,32,000 shares (agg. up to ₹34 Cr)
Lot Size
300 Shares
Listing Date
Mon, Oct 7, 2024
Latest GMP
₹25
Est. Gain
5.46%
✦ AI Insight

GMP Trend

07-10-202425Est. ₹483+5.46%
06-10-202425Est. ₹483+5.46%
05-10-202425Est. ₹483+5.46%

Live Subscription

CategorySubscription (times)
Total24.31x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets63.6678.2653.87
Total Income107.4796.1468.79
Profit After Tax9.395.204.18
NET Worth30.6017.2112.00
Reserves and Surplus29.9216.5911.39
Total Borrowing24.3716.9210.10
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Popular Foundations Ltd.SME₹19.87 Cr₹3715.97₹37.07+0.19%₹32.20 (+0.94%)
Aesthetik Engineers Ltd.SME₹26.47 Cr₹5814.59₹115.70+99.48%₹75.00 (+0.00%)
Sathlokhar Synergys E&C Global Ltd.SME₹92.93 Cr₹1409.35₹247.00+76.43%₹312.00 (+0.21%)
V.L.Infraprojects Ltd.SME₹18.52 Cr₹427.73₹83.75+99.40%₹26.40 (+4.97%)
Winsol Engineers Ltd.SME₹23.36 Cr₹7512.19₹383.25+411.00%₹121.85 (+2.39%)
Teerth Gopicon Ltd.SME₹44.40 Cr₹11149.55₹131.25+18.24%₹24.85 (+4.85%)
K2 Infragen Ltd.SME₹40.54 Cr₹1199.68₹173.25+45.59%₹56.60 (-2.08%)
AVP Infracon Ltd.SME₹52.34 Cr₹7511.2₹75.05+0.07%₹57.95 (+4.89%)
Pratham EPC Projects Ltd.SME₹36.00 Cr₹7512.72₹118.95+58.60%₹119.00 (-0.83%)
Atmastco Ltd.SME₹56.25 Cr₹7711.6₹95.55+24.09%₹163.05 (+2.16%)
Rudra Gas Enterprise Ltd.SME₹14.16 Cr₹6310.9₹125.68+99.49%₹73.80 (-5.08%)
Konstelec Engineers Ltd.SME₹28.70 Cr₹709.9₹220.50+215.00%₹67.85 (+4.95%)
Vishnusurya Projects & Infra Ltd.SME₹49.98 Cr₹682.69₹76.65+12.72%₹160.00 (+0.00%)
Interarch Building Products Ltd.Mainboard₹600.29 Cr₹90015.04₹1,196.45+32.94%₹1,849.30 (+0.46%)
Ceigall India Ltd.Mainboard₹1,252.66 Cr₹40120.67₹386.75-3.55%₹351.10 (-3.29%)
SRM Contractors Ltd.Mainboard₹130.20 Cr₹21018.76₹226.00+7.62%₹496.00 (+1.12%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding our working capital requirements; and21.70
2General Corporate Purpose8.30

About HVAX Technologies IPO

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 respectively, representing revenue from turnkey projects of Rs. 8

Contact Details

HVAX Technologies Ltd. Address601, Lodha SupremusI-Think Techno CampusKanjurmarg (East)Mumbai, Maharashtra, 400042022 4972 5039compliance@hvax.inVisit Website