HVAX Technologies Limited IPO GMP

HVAX Technologies is engaged in the business of turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and consultancy services for pharma and healthcare companies.

HVAX Technologies, an Book Built Issue amounting to ₹33.52 Crores, consisting entirely an Fresh Issue of 7.32 Lakh Shares. The subscription period for the HVAX Technologies IPO opens on September 27, 2024, and closes on October 01, 2024. The allotment is expected to be finalized on or about Thursday, October 03, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, October 07, 2024.

The Share price band of HVAX Technologies IPO is set at ₹435 to ₹458 equity per share, with a minimum lot size of 300 shares. Retail investors are required to invest a minimum of ₹1,37,400, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (600 shares), amounting to ₹2,74,800.

Fedex Securities Private Limited is the book-running lead manager, KFIN Technologies Limited Limited is the registrar for the Issue. Aftertrade Broking Private Limited is the sole Market Marker for the HVAX Technologies.

HVAX Technologies Limited IPO GMP Today
The Grey Market Premium of HVAX Technologies Limited IPO is expected in the range of ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

HVAX Technologies Limited IPO Live Subscription Status Today: Real-Time Updates
As of 11:40 AM on 01 October 2024, the HVAX Technologies Limited IPO live subscription status shows that the IPO subscribed 3.68 times on its Third day of subscription period. Check the HVAX Technlogies Limited IPO Live Subscription Status Today at NSE.

HVAX Technologies Limited IPO Anchor Investors Report
HVAX Technologies has raised ₹9.48 Crore from Anchor Investors at a price of ₹458 per shares in consultation of the Book Running Lead Managers. The company allocated 2,07,000 equity shares to the Anchor Investors. Check Full list of HVAX Technologies Anchor Investors List

Note:- Equity Shares to Anchor Investors are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion. 

HVAX Technologies Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
HVAX Technologies IPO allotment date is 03 October, 2024, Thursday. HVAX Technolgies IPO Allotment will be out on 3rd October 2024 and will be live on Registrar Website from the allotment date. Check HVAX Technologies Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select HVAX Technologies Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of HVAX Technologies Limited IPO
HVAX Technologies Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹2,170.00 Lakhs will be used for Funding the working capital requirements; and 
2. General Corporate Purpose

Refer to HVAX Technologies Limited RHP for more details about the Company.