HVAX Technologies IPO allotment to be finalised today; here’s how to check status

The share allocation for HVAX Technologies Ltd’s initial public offering (IPO) is set to be finalized today, October 3. The NSE SME issue experienced strong demand, attracting bids for more than 1.67 crore shares, while only 4.87 lakh shares were on offer.

HVAX Technologies shares will be listed on National Stock Exchange (NSE) SME with tentative listing date fixed as Monday, October 7.

Investors who participated in the HVAX Technologies IPO can check their allotment status on Kfin Technologies. Successful bidders will have their shares credited to their Demat accounts on October 4, and refunds for those who were not allotted shares will also be processed on that date.

The IPO, which began bidding on September 27, was a book-built offering valued at 33.53 crore, consisting of a fresh issue of 7.32 lakh shares. The price range was established between 435 and 458 per share, requiring retail investors to invest a minimum of 137,400 for 300 shares.

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Aniket Pujari

Aniket Pujari is a visionary entrepreneur and dedicated content creator who has made significant contributions to the digital media landscape. As the founder of Minute To Know News, he has established himself as a leading figure in the world of finance, cryptocurrencies, and Internet-related topics.

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