HVAX Technologies IPO vs Shiv Texchem IPO

Comparision between HVAX Technologies IPO and Shiv Texchem IPO.

IPO Details

HVAX Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Shiv Texchem IPO is a SME Book Built Issue proposed to list at BSE SME.

	HVAX Technologies IPO	Shiv Texchem IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fedex Securities Pvt Ltd	Vivro Financial Services Private Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of HVAX Technologies IPO is up to ₹33.53 Cr whereas the issue size of the Shiv Texchem IPO is up to ₹101.35 Cr. The final issue price of HVAX Technologies IPO is ₹458.00 per share and of Shiv Texchem IPO is .

	HVAX Technologies IPO	Shiv Texchem IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹435.00 per share	₹158.00 per share
Issue Price (Upper)	₹458.00 per share	₹166.00 per share
Issue Price (Final)	₹458.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	300 shares	800 shares
Fresh Issue Size	7,32,000 shares	61,05,600 shares
Fresh Issue Size (Amount)	up to ₹33.53 Cr	up to ₹101.35 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,32,000 shares	61,05,600 shares
Issue Size Total (Amount)	up to ₹33.53 Cr	up to ₹101.35 Cr

IPO Timetable

HVAX Technologies IPO opens on Sep 27, 2024, while Shiv Texchem IPO opens on Oct 08, 2024. The closing date of HVAX Technologies IPO and Shiv Texchem IPO is Oct 01, 2024, and Oct 10, 2024, respectively.

	HVAX Technologies IPO	Shiv Texchem IPO
Anchor Bid Date	Sep 26, 2024	Oct 07, 2024
Issue Open	Sep 27, 2024	Oct 08, 2024
Issue Close	Oct 01, 2024	Oct 10, 2024
Basis Of Allotment (Tentative)	Oct 03, 2024	Oct 11, 2024
Initiation of Refunds (Tentative)	Oct 04, 2024	Oct 14, 2024
Credit of Share (Tentative)	Oct 04, 2024	Oct 14, 2024
Listing date (Tentative)	Oct 07, 2024	Oct 15, 2024
Anchor Lockin End date 1	Nov 02, 2024	Nov 10, 2024
Anchor Lockin End date 2	Jan 01, 2025	Jan 09, 2025

Financials

HVAX Technologies IPO P/E ratio is 9.97, as compared to Shiv Texchem IPO P/E ratio of 8.02.

HVAX Technologies IPO

Shiv Texchem IPO

Financial

HVAX Technologies Limited Financial Information (Restated)

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.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,366.32	7,825.59	5,386.78
Revenue	10,746.99	9,613.86	6,879.13
Profit After Tax	939.07	520.37	418.15
Net Worth	3,059.83	1,720.77	1,200.4
Reserves and Surplus	2,991.67	1,659.08	1,138.71
Total Borrowing	2,437.29	1,692.21	1,010.03
Amount in ₹ Lakhs

Shiv Texchem Limited Financial Information (Restated)

Shiv Texchem Limited's revenue increased by 37% and profit after tax (PAT) rose by 88% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	85,483.43	79,868.05	60,234.98	42,543.57
Revenue	56,707.83	1,53,668.79	1,11,866.98	86,547.46
Profit After Tax	1,005.89	3,011.3	1,602.72	1,386.48
Net Worth	20,293.58	19,287.69	12,276.39	10,673.68
Reserves and Surplus	20,080.25	19,074.36	12,116.39	10,513.68
Total Borrowing	27,085.63	29,665.25	32,914.39	12,034.33
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

100.00%

Promoter Shareholding (Post-Issue)

66.65%

P/E Ratio

9.97

8.02

Market Cap

₹127.18 Cr.

₹384.66 Cr.

ROE

39.29%%

19.08%%

ROCE

25.17%%

26.99%%

Debt/Equity

0.8

1.54

EPS

₹45.92

₹165.42

RoNW

30.69%%

19.08%%

Shares Offered

In the HVAX Technologies IPO retail investors (RII) are offered 2,44,500 shares while in Shiv Texchem IPO retail investors are offered 2,44,500 shares. Qualified institutional buyers (QIB) are offered 1,38,000 shares in HVAX Technologies IPO and in Shiv Texchem IPO.

	HVAX Technologies IPO	Shiv Texchem IPO
Anchor Investor Reserveration	2,07,000 shares	17,39,200 shares
Market Maker Reserveration	37,200 shares	3,05,600 shares
QIB	1,38,000 shares
NII	1,05,300 shares
RII	2,44,500 shares
Employee	0 shares
Others
Total	4,87,800 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed 34.16x in total, whereas Shiv Texchem IPO subscribed .

	HVAX Technologies IPO	Shiv Texchem IPO
QIB (times)	14.02x
NII (times)	77.92x
Big NII (times)
Small NII (times)
RII (times)	26.69x
Employee (times)
Other (times)
Total (times)	34.16x

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