HVAX Technolog.

Minerva Ventures Fund sold 66,000 shares of HVAX Technolog. for ₹4.52 Cr at ₹684.12 apiece in a bulk deal.

A provider of turnkey engineering, procurement, and execution services for controlled environment and cleanroom infrastructure, HVAX Technologies Limited serves pharmaceutical and healthcare companies across India. Established in 2010, the company specializes in designing and engineering specialized facilities that meet stringent industry standards and regulatory requirements. Its core expertise lies in delivering customized cleanroom solutions and comprehensive consulting services to support clients in the healthcare and pharmaceutical sectors.

A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.