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15 Days Price Change

HVAX Technologies IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 435  to  458 per share
Profile
Min Investment ₹458
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

HVAX Technologies Limited is an innovative technology company specializing in the development of advanced solutions for the HVAC (heating, ventilation, and air conditioning) industry. With a focus on energy efficiency and sustainability, HVAX Technologies aims to transform traditional HVAC systems through smart technology and automation. The company offers a range of products and services, including intelligent building management systems, IoT-enabled HVAC controls, and energy monitoring solutions that enhance performance and reduce operational costs. Committed to addressing the challenges of climate change, HVAX Technologies emphasizes eco-friendly practices and aims to create healthier indoor environments. The company’s expert team combines engineering excellence with cutting-edge research to deliver high-quality solutions tailored to meet the diverse needs of commercial and residential clients. Through continuous innovation and a customer-centric approach, HVAX Technologies Limited is poised to lead the way in creating smarter, more sustainable HVAC systems for the future. Read More

Basic Info

Face Value 10 per share

Price 435  to  458 per share

P/E (x) 10

Sales( Cr.) 131

PAT( Cr.) 11

EPS 45.9

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Nirbhaynarayan Singh Prayagdatt Mishra

Pre Issue Share Holding 99.81%

Post Issue Share Holding 51.25%

Listing Details:

Listing Price: 486

Listing Gain: 5.76%

Current Price: 809

Gain On Issue: 809 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 27, 2024
Closing Date Oct 01, 2024
Allotment Oct 02, 2024
Refund Oct 03, 2024
Delivery of Shares Oct 03, 2024
Listing Date Oct 04, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 300 137,400
Retail (Max) 1 300 137,400
S-HNI (Min) 2 600 274,800
S-HNI (Max) 7 2100 961,800
B-HNI (Min) 8 2400 1,099,200

Objective of the Issue

1. Funding the working capital requirements. 2. General Corporate Purpose.

Issue

Category Nos Bid Bid (x)
QIB 366000 5131320 14x
NII 109800 8555616 77.9x
Retail 256200 6837978 26.7x
EMP 0 0 0x
Total 732000 25005120 34.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

HVAX Technologies Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 61 68 96 106 131
Other Income 1 1 0 1 0
Total Income 62 69 96 107 131
Total Expenditure 55 61 87 93 112
Operating Profit 7 7 9 14 19
Interest 1 1 1 2 2
Depreciation 1 1 1 1 2
Exceptional Income / Expenses 0 0 0 -0 0
Profit Before Tax 5 6 7 11 15
Provision for Tax 2 1 2 3 4
Profit After Tax 4 4 5 9 11
Adjustments 0 0 0 0 0
Profit After Adjustments 4 4 5 9 11
Adjusted Earnings Per Share 20.1 22.6 28.1 41.6 39.8

HVAX Technologies Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 8 12 17 31 72
Minority's Interest 0 0 0 0 0
Borrowings 5 3 2 3 2
Other Non-Current Liabilities 0 0 0 1 1
Total Current Liabilities 24 38 59 29 46
Total Liabilities 37 54 78 64 121
Fixed Assets 10 8 7 9 8
Other Non-Current Assets 1 1 1 1 1
Total Current Assets 25 45 70 53 113
Total Assets 37 54 78 64 121

HVAX Technologies Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 3 6 9 5
Cash Flow from Operating Activities 6 -1 -4 -12 -22
Cash Flow from Investing Activities -4 2 -0 -2 0
Cash Flow from Financing Activities -3 2 6 10 31
Net Cash Inflow / Outflow -1 3 2 -4 10
Closing Cash & Cash Equivalent 3 6 9 5 14

HVAX Technologies Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 20.1 22.59 28.12 41.65 39.77
CEPS(Rs) 23.96 29.16 33.91 46.89 45.33
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 42.27 64.86 92.98 151.5 259.34
Core EBITDA Margin(%) 8.93 10.09 8.92 12.27 14.18
EBIT Margin(%) 9.54 9.09 8.02 12.25 13.3
Pre Tax Margin(%) 8.62 8.17 7.29 10.76 11.42
PAT Margin (%) 6.12 6.13 5.42 8.03 8.43
Cash Profit Margin (%) 7.3 7.91 6.54 9.04 9.61
ROA(%) 10.08 9.21 7.88 12.02 11.95
ROE(%) 47.56 42.18 35.63 35.35 21.45
ROCE(%) 39.14 33.62 27.36 29.04 22.44
Receivable days 97.96 96.42 99.39 98.75 134.18
Inventory Days 16.83 47.45 66.53 69.03 56.65
Payable days 76.53 76.34 50.83 41.62 49.61
PER(x) 0 0 0 0 14.08
Price/Book(x) 0 0 0 0 2.16
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.07 0.06 0.09 0.19 1.29
EV/Core EBITDA(x) 0.69 0.58 1.01 1.41 8.92
Net Sales Growth(%) 0 12.36 40.54 10.56 23.54
EBIT Growth(%) 0 7.06 23.99 68.89 34.14
PAT Growth(%) 0 12.38 24.45 63.65 29.69
EPS Growth(%) 0 12.38 24.45 48.12 -4.5
Debt/Equity(x) 0.89 0.84 0.98 0.79 0.39
Current Ratio(x) 1.07 1.17 1.19 1.82 2.44
Quick Ratio(x) 0.96 0.78 0.85 1.14 2
Interest Cover(x) 10.36 9.9 10.94 8.24 7.06
Total Debt/Mcap(x) 0 0 0 0 0.18

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 24% 24% 0% 0%
Operating Profit CAGR 36% 39% 0% 0%
PAT CAGR 22% 40% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 35% NA% NA% NA%
ROE Average 21% 31% 36% 36%
ROCE Average 22% 26% 30% 30%

Company Contact Information

HVAX Technologies Ltd.

6th Floor, Lodha Supremus I- Think Techno Campus Kanjumarg (East)

IPO Lead Manager(s)

HVAX Technologies Ltd.

Fedex Securities Ltd.

Registrar Info

HVAX Technologies Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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