HVAX Technologies Share Price

HVAX Technologies Limited was originally incorporated as 'HVAX Technologies Private Limited' as a Private Limited Company vide Certificate of Incorporation dated November 26, 2010 issued by Deputy Registrar of Companies, Maharashtra, Mumbai. Further, Company was converted to Public Limited Company and the name was changed to 'HVAX Technologies Limited' and a fresh Certificate of Incorporation dated January 8, 2024 was issued to the Company by the Registrar of Companies, Mumbai. The Company is founded by visionary promoters Nirbhaynarayan Singh and Prayagdatt Mishra in executing HVAC projects and turnkey projects. Established in 2010, HVAX began operations in Mumbai, Maharashtra. Since then, the Company evolved from the origins of acting as a HVAC project contractor and developed expertise in undertaking turnkey projects on engineering, procurement and execution of controlled environment infrastructure and cleanrooms; design, engineering and consultancy services for pharma and healthcare companies; and sale of equipment. Its international journey began with the first overseas project in Kenya in 2012, followed by the delivery of complex hospital and pharmaceutical infrastructure across Asia, Africa, and the Middle East. Company is regarded as a trusted partner for mission-critical projects worldwide. As a turnkey solution company, it provide end to end solution in designing, engineering, procurement, installation, testing, commissioning, management and operational support for customers in pharmaceutical, healthcare, hospital and biotech sector across India and internationally. Under the design, engineering and consultancy service vertical, Company offer engineering consultancy, GAP analysis and validation, containment consultancy, technology transfer and project feasibility studies for customers in the pharma space. On October 1st, 2024, Company raised funds of Rs 33.52 Crores by way of IPO comprising a fresh issue of 7,32,000 equity shares of Rs 10 each. The Company has entered into international markets of Algeria and Iraq strategically in FY25.