HVAX Technologies IPO vs Nexxus Petro Industries IPO

Comparison between HVAX Technologies IPO and Nexxus Petro Industries IPO.

IPO Details

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

Issue Size and Price

The total issue size of HVAX Technologies IPO is up to ₹31.82 Cr whereas the issue size of the Nexxus Petro Industries IPO is up to ₹18.45 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 IPONexxus 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)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size300 shares1200 shares
Fresh Issue Size6,94,800 shares17,56,800 shares
Fresh Issue Size (Amount)up to ₹31.82 Crup to ₹18.45 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total6,94,800 shares17,56,800 shares
Issue Size Total (Amount)up to ₹31.82 Crup to ₹18.45 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 IPONexxus Petro Industries IPO
Anchor Bid DateSep 26, 2024
Issue OpenSep 27, 2024Sep 26, 2024
Issue CloseOct 01, 2024Sep 30, 2024
Basis Of Allotment (Tentative)Oct 03, 2024Oct 01, 2024
Initiation of Refunds (Tentative)Oct 04, 2024Oct 03, 2024
Credit of Share (Tentative)Oct 04, 2024Oct 03, 2024
Listing date (Tentative)Oct 07, 2024Oct 04, 2024
Anchor Lockin End date 1Nov 01, 2024
Anchor Lockin End date 2Dec 31, 2024

Financials & KPIs

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

 HVAX Technologies IPONexxus Petro Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets63.6678.2653.87
Total Income107.4796.1468.79
Profit After Tax9.395.204.18
NET Worth30.6017.2112.00
Reserves and Surplus29.9216.5911.39
Total Borrowing24.3716.9210.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets38.9316.459.33
Total Income238.38142.8448.47
Profit After Tax3.482.010.54
NET Worth8.632.650.54
Reserves and Surplus3.532.550.54
Total Borrowing21.618.353.70
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.5100
Promoter Shareholding (Post-Issue)66.6573.38
P/E Ratio9.9715.37
Market Cap₹127.18 Cr.₹72.98 Cr.
ROE39.2961.77
ROCE25.1720.81
Debt/Equity0.802.50
EPS₹45.92₹6.83
RoNW30.6940.36

Shares Offered

In the HVAX Technologies IPO Retail Individual 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 in Nexxus Petro Industries IPO.

 HVAX Technologies IPONexxus Petro Industries IPO
Anchor Investor Reservation2,07,000 shares
Market Maker Reservation37,200 shares93,600 shares
QIB1,38,000 shares
NII1,05,300 shares8,78,400 shares
RII2,44,500 shares8,78,400 shares
Employee
Others
Total6,94,800 shares17,56,800 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed 23.99x in total, whereas Nexxus Petro Industries IPO subscribed 8.44x.

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