Mumbai: Two SME IPOs – HVAX Technologies IPO and Saj Hotels IPO are all set to open for subscription on September 27, 2024. HVAX issue is entirely a fresh issue of 7.32 lakh shares, while Saj Hotels issue is entirely a fresh issue of 42.5 lakh shares.
Saj Hotels IPO and HVAX Technologies IPO are yet to create any buzz in the grey market. The GMP of both the SME IPOs was Nil early September 26 morning, investorgain reported.
HVAX Technologies IPO price, allotment, listing
HVAX Technologies IPO, a book built issue of Rs 33.53 crore, will open for subscription on September 27, 2024 and close on 1st October. The initial public offer price band is fixed in the range of Rs 435 to Rs 458 per share. The retail investors are required to bid for a minimum lot size of 300 shares, amounting to Rs 137,400 is. The investors sapplying in the HNI category are mandated to bid for a minimum 2 lots, for which Rs 274,800 is required.
HVAX Technologies IPO allotment expected to on October 3, 2024
Refunds process for unsuccessful investors likely to to begin on October 4
The shares are expected to be credited to eligible investors’ accounts on October 4
HVAX Technologies shares will list on NSE SME with a tentative date 7th October.
Fedex Securities Pvt Ltd is the book running lead manager.
Kfin Technologies Limited is the registrar for the HVAX Technologies IPO.
Aftertrade Broking is the market maker.
HVAX Technologies Limited is engaged in the business of providing controlled environments and cleanrooms. Since its existence in 2010, the company built infrastructure for Biotech facilities, hospitals, and pharmaceutical facilities, in over 15 countries across the world.
Saj Hotels IPO price, allotment
Saj Hotels IPO, a fixed price issue of Rs 27.63 crore, will be available for subscription on September 27, 2024 and close on 1st October. Saj Hotels IPO price is Rs 65 per share. IN the retail category, the applicants are required to minimum a lot size of 2000 shares, for which one has to shell out Rs 130,000. For HNI category, it is mandatory to apply for 2 lots, worth Rs 260,000.
Saj Hotels IPO allotment expected on October 3, 2024
Refunds process may begin on 4th October
The shares are likely to be credited on October 4
Saj Hotels IPO will list on NSE SME with a tentative date on October 7
Book running lead manager of Saj Hotels IPO: Corpwis Advisors Private Limited
Satellite Corporate Services Private Limited is the registrar
Nnm Securities is the market maker.
Two SME IPOs – HVAX Technologies IPO and Saj Hotels IPO are all set to open for subscription on September 27, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
