September 27, 2024 - October 1, 2024

HVAX Technologies IPO Subscription Details

HVAX Technologies IPO Subscription Status Live

HVAX Technologies IPO subscribed 34.16 times. The public issue subscribed 26.69 times in the retail category, 14.02 times in QIB, and 77.92 times in the NII category by October 1, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	14.02	138,000	19,34,400	88.60
Non-Institutional Buyers*	77.92	105,300	82,05,000	375.79
Retail Investors	26.69	244,500	65,25,600	298.87
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	34.16	487,800	1,66,65,000	763.26

Total Application : 21,752 (26.69 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 37,200 equity shares not included.

HVAX Technologies IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 27, 2024	0.00	1.09	1.79	1.13
Day 2 September 30, 2024	0.00	1.61	4.17	2.43
Day 3 October 1, 2024	14.02	77.92	26.69	34.16

HVAX Technologies IPO Shares Offered

HVAX Technologies IPO is a public issue of 732,000 equity shares. The issue offers 244,500 shares to retail investors, 138,000 shares to qualified institutional buyers, and 105,300 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	207,000	9.48	28.28%
Market Maker	37,200	1.70	5.08%
QIB	138,000	6.32	18.85%
NII*	105,300	4.82	14.39%
Retail	244,500	11.20	33.40%
Total	732,000	33.53	100%

HVAX Technologies IPO Anchor Investor Allocation

A total of 2,07,000 shares at a price of Rs 0 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Saint Capital Fund	76,500	458	36.96	3,50,37,000
2	Minerva Ventures Fund	64,500	458	31.16	2,95,41,000
3	Al Maha Investment Fund PCC - Onyx Strategy	66,000	458	31.88	3,02,28,000
		2,07,000		100	9,48,06,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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HVAX Technologies IPO Subscription FAQs

The HVAX Technologies IPO is subscribed 34.16 by October 1, 2024.