Maxvolt Energy IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Wed, 12 Feb 2025
Close Date
Fri, 14 Feb 2025
Price Band
₹ 171 – 180
Lot Size
800
Issue Size
₹ 54.00 Cr
Minimum Investment
₹ 288,000 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Maxvolt Energy IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹54.00 Crore, comprising a fresh issue of 24.00 Lakh equity shares aggregating to ₹43.20 Crore and an offer for sale (OFS) of 6.00 Lakh equity shares aggregating to ₹10.80 Crore by the existing shareholders.
The Maxvolt Energy IPO remained open for subscription from February 12, 2025, to February 14, 2025. The basis of allotment was finalized on February 17, 2025, and the company's shares were listed on NSE SME Platform on February 19, 2025.
The company had fixed the price band at ₹171 to ₹180 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹288,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Maxvolt Energy Industries Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Maxvolt Energy IPO Timeline (Tentative)
- IPO Open Date
- Wed, 12 Feb 25
- IPO Close Date
- Fri, 14 Feb 25
- Basis of Allotment
- Mon, 17 Feb 25
- Initiation of Refunds
- Tue, 18 Feb 25
- Credit of Shares to Demat
- Tue, 18 Feb 25
- Listing Date
- Wed, 19 Feb 25 — NSE & BSE
Open Date
12 February 2025
Close Date
14 February 2025
Basis Of Allotment
17 February 2025
Listing Date
19 February 2025
IPO Subscription
Check Live Subscription →The Maxvolt Energy IPO has received bids for 65,92,800 shares against 19,96,800 shares offered, resulting in an overall subscription of 3.3x. the NII category is subscribed 1.81x, Retail Investors 1.97x, and QIBs 6.76x.
QIB
6.76x
NII
1.81x
RII
1.97x
Total
3.3x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,00,000 shares, representing 50.08% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,68,800 shares (28.49%), while Non-Institutional Investors (NIIs) receive 4,28,000 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 568,800 | 28.49% |
| Non-Institutional | 428,000 | 21.43% |
| Retail Investors | 1,000,000 | 50.08% |
| Total | 1,996,800 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Maxvolt Energy Industries Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 85.41 |
| ROCE % | 39.46 |
| Debt / Equity | 0.51 |
| RoNW % | 45.09 |
| Pat Margin % | 10.77 |
Peers Comparison
No Peer Comparision Available
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.
Maxvolt Energy Industries Limited Address / Contact Details
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
Maxvolt Energy IPO Lot Size
The Maxvolt Energy IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹1,44,000 by applying for 1 lot (800 shares). The maximum application allowed for the retail category is 1 lots (800 shares), requiring an investment of ₹1,44,000.
| 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 |
Issue Reservation
- QIB — 28.49%
- NII — 21.43%
- RII — 50.08%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Maxvolt Energy 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.
When will the Maxvolt Energy IPO open for subscription?
The Maxvolt Energy IPO opens on Wed, Feb 12, 2025 and closes on Fri, Feb 14, 2025
What is Maxvolt Energy IPO Price Band?
Maxvolt Energy IPO Price Band is ₹171 to 180 per share.
What is Maxvolt Energy IPO Lot Size?
Maxvolt Energy IPO lot size is 800 shares, Retail investors need a minimum investment of ₹288000 based on the upper price band
What is the minimum investment for Maxvolt Energy IPO?
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.
How to apply for Maxvolt Energy IPO?
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.
What is Maxvolt Energy IPO Issue Size?
Maxvolt Energy IPO issue size is ₹54 crores.
What is the Maxvolt Energy IPO Allotment Date?
Maxvolt Energy IPO allotment date is Mon, Feb 17, 2025.
Who is the Maxvolt Energy IPO Registrar?
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.
What is the Maxvolt Energy IPO GMP?
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 2.22% over the issue price.
Who is the Maxvolt Energy IPO Lead Manager?
The book-running lead managers (BRLMs) for the Maxvolt Energy IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Maxvolt Energy IPO Red Herring Prospectus (RHP).