Maxvolt Energy IPO Details
The Maxvolt Energy IPO is a book build issue with a total issue size of ₹54 cr, comprising of fresh issue of 2400000 equity shares., and a offer for sale of 600000 equity shares. Maxvolt Energy IPO opened for subscription on Feb 12, 2025 and closed on Feb 14, 2025. Maxvolt Energy IPO is set price band at ₹171 to ₹180 per share, with a lot size of 800 shares. Minimum investment for Retail investors was ₹288,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Feb 17, 2025, and listed on the NSE on Feb 19, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Smart Horizon Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Maxvolt Energy IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 171 – 180
- Lot Size
- 800
- Issue Size
- ₹54 Cr
- Minimum Investment
- ₹288000 (1600 Shares)
- Listing Date
- 19 February 2025
Current GMP
₹6 (+3.33%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Maxvolt Energy Industries Limited
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.
Maxvolt Energy IPO Promoters
- Mr. Bhuvneshwar Pal Singh
- Mr. Vishal Gupta
- Mr. Sachin Gupta
Promoters Holding
Holding Pre Issue
57.25%
Holding Post Issue
39.14%
Maxvolt Energy IPO Objective
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
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
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 with a total issue size of ₹54 crore. The Maxvolt Energy IPO price band is ₹171 to 180 per share. The Maxvolt Energy IPO subscription opens on Wed, Feb 12, 2025, and closes on Fri, Feb 14, 2025. The Maxvolt Energy IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Maxvolt Energy IPO.
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 per share.
Maxvolt Energy IPO lot size is 800 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
The minimum investment for Maxvolt Energy IPO is ₹288000, based on one lot of 800 shares at the upper price band of ₹180 per share.
Investors can apply for the Maxvolt Energy IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Feb 14, 2025. The application amount remains blocked until the Maxvolt Energy IPO allotment is finalized.
Maxvolt Energy IPO issue size is ₹54 crores.
Maxvolt Energy IPO allotment date is Wed, Jul 1, 2026.
The registrar for Maxvolt Energy IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Maxvolt Energy IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.