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HVAX Technologies IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Infrastructure sector. Fedex Securities Private is the merchant banker of HVAX Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 13th June 2024.
HVAX Technologies IPO open date is 27th September 2024 and close date is 1st October 2024. IPO Allotment Date is 3rd October 2024 and Listing date is 7th October 2024.HVAX Technologies IPO size is Rs 33.53 Cr. crores with IPO price of Rs 458.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the HVAX Technologies IPO. Kfin Technologies Limited is the Registrar and Market Maker is Aftertrade Broking Private Limited for HVAX Technologies IPO.
HVAX Technologies IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 76,500.00 | ₹458.00 | ₹35,037,000.00 |
| Minerva Ventures Fund | 64,500.00 | ₹458.00 | ₹29,541,000.00 |
| AL Maha Investment | 66,000.00 | ₹458.00 | ₹30,228,000.00 |
HVAX Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
HVAX Technologies IPO, based in Mumbai, operates in the Infrastructure sector with a focus on HAVC project contracting along with related services. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. HVAX Technologies IPO size is ₹ 33.53 Cr. Crores with fresh issue size of Rs 33.53 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for HVAX Technologies IPO is expected to be 3rd October 2024, after the finalization of basis of allotment. Investors can check HVAX Technologies IPO allotment status on the registrars website, Kfin Technologies Limited. HVAX Technologies IPO refund dates are 4th October 2024.
HVAX Technologies IPO is expected to be listed on 7th October 2024.
The upper price band for the HVAX Technologies IPO is set at ₹ 458.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on HVAX Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the HVAX Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2024. After submission, funds are blocked until the basis of allotment of HVAX Technologies IPO is finalised.
The merchant banker for HVAX Technologies IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the HVAX Technologies IPO RHP for further details.
The registrar for HVAX Technologies IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to HVAX Technologies IPO through their official website or helpline.
HVAX Technologies IPO was subscribed 34.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 33.53 Cr.
Avg IPO Size (Sector Based)
:
₹ 26.70 Cr.
Sector: Infrastructure
SME IPO so far:
37
Merchant Banker:
Fedex Securities
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 1.06 cr.
PE
Ratio:
13.54x
Average Sector PE Ratio: 18.18x
HVAX Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on HVAX Technologies Financial Review Page
Merchant Banker(s) of HVAX Technologies IPO: Fedex Securities Private Limited
HVAX Technologies IPO subscription was 34.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
HVAX Technologies IPO listed at a listing price of 490.35 against the offer price of 458.00.
The current market price of HVAX Technologies is 645.00.
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