HVAX Technologies IPO GMP Insights: Latest Grey Market Trends

Check out HVAX Technologies IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. HVAX Technologies IPO GMP not started yet. Stay tuned for the latest IPO GMP numbers of HVAX Technologies IPO.

HVAX Technologies IPO is to open on September 27. HVAX Technologies is a SME IPO to raise ₹33.53 crores via IPO. The HVAX Technologies IPO price band is fixed at ₹435 to ₹458 with a market lot of 300 Shares. The Hvax Technologies Limited company is engaged in turnkey projects in engineering, procurement, and execution of controlled environment infrastructure and cleanrooms, as well as design, engineering, and consultancy services for pharma and healthcare companies. Under the design, engineering, and consultancy service vertical they offer engineering consultancy, GAP analysis and validation, containment consultancy, technology transfer, and project feasibility studies for our customers in the pharma space.

They have a business model that is well diversified by customers and geographically spread, and they have a strong customer focus as well. Their customer base comprises customers to whom they could supply equipment and undertake installation (“turnkey solutions”); design, engineering, and consultancy services for pharma and healthcare companies; and sale and supply of equipment.

HVAX Technologies IPO Dates

HVAX Technologies IPO opens on September 27, 2024, and closes on October 1, 2024.

HVAX Technologies IPO Details

HVAX Technologies IPO Lot Size

Investors can bid for a minimum of 300 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

HVAX Technologies Limited Financial Information

HVAX Technologies Limited’s revenue increased by 12% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2024 and March 31, 2023.