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HVAX Technologies Ltd

Registered Office : 601 Lodha IThink Techno Campus,Kanjumarg (East),Mumbai Maharashtra 400042 Phone : 022 4972 5039
Fax :

Email : compliance@hvax.in

Website : www.hvax.in

Initial public issue of upto 7,32,000* equity shares of face value of Rs. 10/- each of HVAX Technologies Limited ("HVAX" or the "Company" or the "Issuer") for cash at a price of Rs. 458/- per equity share including a share premium of Rs. 448/- per equity share (the "Issue Price") aggregating to Rs. 33.53 crores ("The Issue"), of which 37,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 458/- per equity share including a share premium of Rs. 448/- per equity share aggregating to Rs. 1.70 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 6,94,800 equity shares of face value of Rs. 10/- each at a price of Rs. 458/- per equity share including a share premium of Rs. 448/- per equity share aggregating to Rs. 31.82 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.36 % and 25.02 %, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. *Subject to finalization of the basis of allotment

Issue

Opens On

Closes On

27-Sep-2024

01-Oct-2024

Money Payable On

Application

Allotment

458.00

0.00

Minimum Application for shares in Nos : 300.0 Further Multiples of : 300.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

30.00

33.53

2.78

458.00

Fedex Securities Pvt Ltd

Projects

Funding its working capital requirements

General corporate purposes

Promoted By

Nirbhaynarayan Singh

Prayagdatt Mishra

Listing At

NSE - SME

Registrar to the Issue

KFin Techologies Ltd