HVAX Technologies IPO vs Nexxus Petro Industries IPO

Comparision between HVAX Technologies IPO and Nexxus Petro Industries IPO.

IPO Details

HVAX Technologies IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Nexxus Petro Industries IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	HVAX Technologies IPO	Nexxus Petro Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fedex Securities�Pvt Ltd	Srujan Alpha Capital Advisors Llp
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker	Aftertrade Broking Pvt Ltd	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	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 Nexxus Petro Industries IPO is up to ₹19.43 Cr. The final issue price of HVAX Technologies IPO is ₹458.00 per share and of Nexxus Petro Industries IPO is ₹105.00 per share.

	HVAX Technologies IPO	Nexxus Petro Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹435.00 per share
Issue Price (Upper)	₹458.00 per share
Issue Price (Final)	₹458.00 per share	₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	300 shares	1200 shares
Fresh Issue Size	7,32,000 shares	18,50,400 shares
Fresh Issue Size (Amount)	up to ₹33.53 Cr	up to ₹19.43 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,32,000 shares	18,50,400 shares
Issue Size Total (Amount)	up to ₹33.53 Cr	up to ₹19.43 Cr

IPO Timetable

HVAX Technologies IPO opens on Sep 27, 2024, while Nexxus Petro Industries IPO opens on Sep 26, 2024. The closing date of HVAX Technologies IPO and Nexxus Petro Industries IPO is Oct 01, 2024, and Sep 30, 2024, respectively.

	HVAX Technologies IPO	Nexxus Petro Industries IPO
Anchor Bid Date	Sep 26, 2024
Issue Open	Sep 27, 2024	Sep 26, 2024
Issue Close	Oct 01, 2024	Sep 30, 2024
Basis Of Allotment (Tentative)	Oct 03, 2024	Oct 01, 2024
Initiation of Refunds (Tentative)	Oct 04, 2024	Oct 03, 2024
Credit of Share (Tentative)	Oct 04, 2024	Oct 03, 2024
Listing date (Tentative)	Oct 07, 2024	Oct 04, 2024
Anchor Lockin End date 1	Nov 01, 2024
Anchor Lockin End date 2	Dec 31, 2024

Financials

HVAX Technologies IPO P/E ratio is 9.97, as compared to Nexxus Petro Industries IPO P/E ratio of 15.37.

HVAX Technologies IPO

Nexxus Petro Industries 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

Nexxus Petro Industries Limited Financial Information (Restated)

Nexxus Petro Industries Limited's revenue increased by 67% and profit after tax (PAT) rose by 73% 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	3,892.55	1,644.96	932.77
Revenue	23,837.57	14,283.95	4,847.02
Profit After Tax	348.47	200.87	54.06
Net Worth	863.4	264.93	54.06
Reserves and Surplus	353.4	254.93	54.06
Total Borrowing	2,161.43	835.1	369.83
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

100.00%

Promoter Shareholding (Post-Issue)

66.65%

P/E Ratio

9.97

15.37

Market Cap

₹127.18 Cr.

₹72.98 Cr.

ROE

39.29%%

61.77%%

ROCE

25.17%%

20.81%%

Debt/Equity

0.8

2.5

EPS

₹45.92

₹6.83

RoNW

30.69%%

40.36%%

Shares Offered

In the HVAX Technologies IPO retail investors (RII) are offered 2,44,500 shares while in Nexxus Petro Industries IPO retail investors are offered 2,44,500 shares. Qualified institutional buyers (QIB) are offered 1,38,000 shares in HVAX Technologies IPO and 0 shares in Nexxus Petro Industries IPO.

	HVAX Technologies IPO	Nexxus Petro Industries IPO
Anchor Investor Reserveration	2,07,000 shares
Market Maker Reserveration	37,200 shares	93,600 shares
QIB	1,38,000 shares	0 shares
NII	1,05,300 shares	8,78,400 shares
RII	2,44,500 shares	8,78,400 shares
Employee	0 shares	0 shares
Others
Total	4,87,800 shares	17,56,801 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed 34.16x in total, whereas Nexxus Petro Industries IPO subscribed 8.44x.

	HVAX Technologies IPO	Nexxus Petro Industries IPO
QIB (times)	14.02x
NII (times)	77.92x	8.41x
Big NII (times)
Small NII (times)
RII (times)	26.69x	8.48x
Employee (times)
Other (times)
Total (times)	34.16x	8.44x

Compare with others

HVAX Technologies IPO	Nexxus Petro Industries IPO
Shiv Texchem IPO	Khyati Global Ventures IPO
Khyati Global Ventures IPO	NeoPolitan Pizza and Foods IPO
NeoPolitan Pizza and Foods IPO	Subam Papers IPO
Subam Papers IPO	Paramount Dye Tec IPO
Paramount Dye Tec IPO	HVAX Technologies IPO
Nexxus Petro Industries IPO	Forge Auto International IPO
Forge Auto International IPO	Sahasra Electronics Solutions IPO
Sahasra Electronics Solutions IPO	Saj Hotels IPO
Saj Hotels IPO	Thinking Hats Entertainment Solutions IPO
Thinking Hats Entertainment Solutions IPO	Unilex Colours and Chemicals IPO

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