HVAX Technologies Limited, initially incorporated as a private company in 2010, transitioned to a public entity in January 2024. Founded by Nirbhaynarayan Singh and Prayagdatt Mishra, HVAX specializes in HVAC projects and turnkey solutions, with a focus on controlled environment infrastructure and cleanrooms. The company offers comprehensive design-to-delivery services, including engineering, procurement, installation, and operational support, primarily serving the pharmaceutical, healthcare, hospital, and biotech sectors within India and internationally.
HVAX also provides engineering consultancy, GAP analysis, containment consultancy, technology transfer, and project feasibility studies. The company is expanding its capital base by proposing a public issue of 750,000 equity shares. This initiative aims to further enhance its capabilities and market presence. Traders may find HVAX's robust expertise in specific niche sectors and its strategic move to increase public equity appealing for potential investment opportunities.