Hvax Technologies Limited IPO Review
Neutral458-458 · SME
✦
Analyst Verdict
Hvax Technologies Limited IPO
Neutral
IPO at a Glance
Price Band
458-458
Issue Size
34cr
Min. Investment
₹1,37,400
Opens
2024-09-25
Closes
2024-09-29
Listing
2024-10-05
Category
SME
Key Strengths
✓Experienced promoters and management driving growth with industry expertise.
✓Effective cost management and timely project completion within budget.
✓Robust order book of ₹15,364.47 lakhs, showing growth and quality projects
✓Efficient supply chain benefiting from economies of scale.
✓Net worth of ₹3,059.83 lakhs (March 31, 2024) supports large project bidding.
Key Risks
⚠Reliance on a few large customers could impact revenue if any are lost.
⚠Dependency on key suppliers risks operational disruption if lost.
⚠Liability for contract labor wages if contractors default could affect cash flow.
⚠Warehouse operations could be disrupted if lease agreements are not renewed.
⚠Unsecured loans repayable on demand may strain cash flow if called in.
Frequently Asked Questions
Should I apply for Hvax Technologies Limited IPO?
Based on our analysis, our rating for Hvax Technologies Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Hvax Technologies Limited IPO?
Reliance on a few large customers could impact revenue if any are lost. Dependency on key suppliers risks operational disruption if lost. Liability for contract labor wages if contractors default could affect cash flow.
What are the strengths of Hvax Technologies Limited IPO?
Experienced promoters and management driving growth with industry expertise. Effective cost management and timely project completion within budget. Robust order book of ₹15,364.47 lakhs, showing growth and quality projects
What is the price band of Hvax Technologies Limited IPO?
The price band for Hvax Technologies Limited IPO is 458-458. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more