Maxvolt Energy IPO
Open SmeCurrent GMP
₹6 (+3.33%)
Price Band
₹ 171 – 180
Lot Size
800
Issue Size
₹54 Cr
Minimum Investment
₹288000 (1600 Shares)
Listing Date
19 February 2025
Subscription
3.3x
About the Company
Maxvolt Energy Industries Limited, founded in 2019, specializes in manufacturing lithium-ion batteries for electric vehicles (E-Scooters, E-Rickshaws, E-Cycles), energy storage, and electronic gadgets. The company offers a diverse sales and distribution network, including authorized dealers, distributors, and OEMs under the brand name “MaxVolt Energy.” They also manufacture customized battery packs and supply graphene battery packs and battery chargers. As of September 30, 2024, MaxVolt operates service centers in multiple states, ensuring fast, hassle-free service.
Certified ISO 9001:2015, the company's manufacturing facility is located in Ghaziabad, Uttar Pradesh, spanning 18,000 square feet. MaxVolt aims to expand its production capacity to 97.2 MWh by enhancing their current facility, adding new machinery, and exploring battery recycling.
Promoted by Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta, the leadership brings extensive industry experience. The company emphasizes quality, innovation, and safety in its operations, with rigorous in-house testing for both raw materials and finished products.
MaxVolt is committed to research and development, striving to advance lithium battery technology and deliver high-performance, sustainable solutions for various industries.
Promoters
- Mr. Bhuvneshwar Pal Singh
- Mr. Vishal Gupta
- Mr. Sachin Gupta
Promoters Holding
Holding Pre Issue
57.25%
Holding Post Issue
39.14%
Objects of the Issue
The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies.
- Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries.
- General corporate purposes.
The Company will not receive any proceeds received from the Offer for Sale by the Selling Shareholder.
Address / Contact Info
Maxvolt Energy Industries Limited
F-108, Plot No. 1 F/F United Plaza,
Community Centre, Karkardooma,
East Delhi, New Delhi-110092
Phone: 91 98188 89835
Email: bhuvneshwar@maxvoltenergy.com
Website: http://www.maxvoltenergy.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 12 February 2025
IPO Close Date
Friday, 14 February 2025
Basis of Allotment
Monday, 17 February 2025
Initiation of Refunds
Tuesday, 18 February 2025
Credit of Shares to Demat
Tuesday, 18 February 2025
Listing Date
Wednesday, 19 February 2025 — NSE & BSE
Important Dates
Open Date
12 February 2025
Close Date
14 February 2025
Basis Of Allotment
17 February 2025
Listing Date
19 February 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.77 | 31.51 | 10.25 | 3.61 |
| Revenue | 41.09 | 48.79 | 13.92 | 6.18 |
| Profit After Tax | 4.77 | 5.21 | 0.28 | 0.01 |
| Net Worth | 23.94 | 11.55 | 0.64 | 0.37 |
| Reserve & Surplus | 15.44 | 3.79 | 0.32 | 0.05 |
| Total Borrowings | 4.97 | 5.89 | 2.92 | 2.33 |
EPS Pre
6.12%
EPS Post
8.75%
P/E Pre
29.39
P/E (Post Issue)
20.57x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 85.41 |
| ROCE % | 39.46 |
| Debt / Equity | 0.51 |
| RoNW % | 45.09 |
| PbW | 0 |
| Pat Margin % | 10.77 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 568800 | 28.49 | 0 |
| Non-Institutional | 428000 | 21.43 | 0 |
| Retail Investors | 1000000 | 50.08 | 0 |
| Total | 1996800 | 100 | 0 |
Subscription Status ( Fri, 14 Feb 25 01:17 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 568800 | 3847200 | 6.76x |
| Non-Institutional | 428000 | 772800 | 1.81x |
| Retail Investors | 1000000 | 1972800 | 1.97x |
| Total | 1996800 | 6592800 | 3.3x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | 144,000.00 |
| Retail (Max) | 1 | 800 | 144,000.00 |
| S-HNI (Min) | 2 | 1,600 | 288,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Maxvolt Energy IPO is a Book-building IPO worth ₹54 crores. The price band is ₹171 to 180 per share. The IPO opens on Wed, Feb 12, 2025 and closes on Fri, Feb 14, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Maxvolt Energy IPO opens on Wed, Feb 12, 2025 and closes on Fri, Feb 14, 2025
Maxvolt Energy IPO Price Band is ₹171 to 180.
Maxvolt Energy IPO lot size is 800, and the minimum amount required for application is ₹288000.
The minimum investment for Maxvolt Energy IPO is approximately ₹288000 based on the upper price band.
To apply for the Maxvolt Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Feb 14, 2025. After submission, funds are blocked until the basis of allotment of Maxvolt Energy IPO is finalised.
Maxvolt Energy IPO issue size is ₹54 crores.
Maxvolt Energy IPO allotment date is Sat, Jun 27, 2026.
The registrar for Maxvolt Energy IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Maxvolt Energy IPO through their official website or helpline.
The Maxvolt Energy IPO GMP (Grey Market Premium) is ₹4 as of Fri, Feb 14, 2025. Based on the upper price band of ₹180 per share, the estimated Maxvolt Energy IPO listing price is ₹184, indicating a potential listing gain of approximately 31% over the issue price.