October 1, 2024: Saj Hotels and HVAX Technologies will officially close their IPO subscription periods. Investors who have been following these companies will now wait for the allocation process to begin. Both firms have drawn significant interest—Saj Hotels from the hospitality sector and HVAX Technologies from the tech space.

As these IPOs come to a close, unblocking of funds will take place for several other companies that had their IPOs earlier, including HVAX Technologies, KRN Heat Exchanger, TechEra Engineering, Unilex Colours and Chemicals, and Thinking Hats Entertainment Solutions.
For investors, this is a crucial phase, as unblocking indicates the end of the IPO process, where any refunds for unallocated shares will be processed, and investors will receive notifications about share allocations. These steps are key to preparing for the upcoming listings of these companies on the stock exchange.

The companies experiencing fund unblocking are diverse and represent sectors like engineering, chemicals, entertainment solutions, and technology. Each one is anticipated to make a strong impact post-listing, given the overall market interest in these sectors.

Key IPOs Closing on October 1, 2024:

Saj Hotels

HVAX Technologies

Key IPOs Unblocking on October 1, 2024:

KRN Heat Exchanger

TechEra Engineering

Unilex Colours and Chemicals

Thinking Hats Entertainment Solutions

Investor Takeaway:
If you have participated in any of these IPOs, keep an eye on the unblocking dates to ensure you stay informed about your allocations. This is a vital step before these companies begin trading on the market. The market is witnessing an exciting IPO phase with these companies entering, and all eyes will be on how they perform after listing.

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This day marks a pivotal moment in the stock market for these companies, and investors should stay alert to key dates for unblocking and listing.