Maxvolt Energy Industries Limited IPO
NSE SMEListed On: Feb 19, 2025 at ₹ 180.0
₹ 288000 /1600 Shares
*Min Investment
12 Feb, 2025
Open Date14 Feb, 2025
Close Date17 Feb, 2025
Allotment Date19 Feb, 2025
Listing DateMaxvolt Energy Industries IPO Issue Details
- Issue Price ₹171-180 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,00,000 shares(aggregating up to ₹54 crore)
- Fresh Share 24,00,000 shares(aggregating up to ₹43.2 crore)
- Offer For Sale 6,00,000 shares(aggregating up to ₹10.8 crore)
- Listing at NSE SME
- List Price 180.0
- Listing Date 2025-02-19
- Lead Manager Smart Horizon Capital Advisors Private Limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,44,000 |
| Retail(max) | 1 | 800 | ₹1,44,000 |
| NII (min) | 2 | 1,600 | ₹2,88,000 |
Maxvolt Energy Industries IPO Reservation
Maxvolt Energy Industries IPO offers total 30,00,000 shares. Out of which 5,68,800 (18.96%) allocated to QIB, 4,28,000 (14.27%) allocated to NII,10,00,000 (33.33%) allocated to RII, NA (NA%) allocated to employees and 8,51,200 (28.37%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 8,51,200 (28.37%) | |
| Market Maker Shares Offered | 1,52,000 (5.07%) | |
| QIB Shares Offered | 5,68,800 (18.96%) | |
| NII (HNI) Shares Offered | 4,28,000 (14.27%) | |
| Retail Shares Offered | 10,00,000 (33.33%) | |
| Total Shares Offered | 30,00,000 (100%) |
Maxvolt Energy Industries IPO Details
Maxvolt Energy Industries Limited IPO is an SME IPO, priced at ₹171-180 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 30,00,000 equity shares, aggregating up to ₹54 crores..
The IPO bidding window is open from Feb 12, 2025 to Feb 14, 2025. The allotment is expected to be finalized on Feb 17, 2025, and the tentative listing date is Feb 19, 2025.
The minimum lot size for Retail investors is 800 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.
Smart Horizon Capital Advisors Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Rikhav Securities Limited will act as the market maker for this issue.
Maxvolt Energy Industries IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,68,800 / 4,28,000 | 10,00,000 | 19,96,800 |
Day 1 12-02-25 06:00 PM | 1.03 / 0.41 x | 0.36 x | 0.56 x |
Day 2 13-02-25 06:00 PM | 4.48 / 0.14 x | 0.84 x | 1.73 x |
Day 3 14-02-25 06:00 PM | 6.76 / 1.81 x | 1.97 x | 3.23 x |
Maxvolt Energy Industries Valuations
Maxvolt Energy Industries Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 31.51 | 10.25 | 3.61 |
| Revenue | 48.79 | 13.92 | 6.18 |
| Profit After Tax | 5.21 | 0.28 | 0.01 |
| Net Worth | 11.55 | 0.64 | 0.37 |
| Reserves & Surplus | 3.79 | 0.32 | 0.05 |
| Total Borrowing | 5.89 | 2.92 | 2.33 |
About Maxvolt Energy Industries Company
Maxvolt Energy Industries Limited is a company incorporated in the year 2019. It is into the business of manufacturing lithium-ion batteries.
The company manufactures lithium-ion batteries for electric vehicles, energy storage, and electronics sold through dealers, distributors, and OEMs under the brand name MaxVolt Energy.The company manufactures customized battery packs, supplies Graphene battery packs, and chargers under its own brand name.
As of September 30, 2024, the company has service centers in five states and provides support to dealers and distributors for battery-related issues.The manufacturing facility has advanced machinery, safety measures, and testing labs. It follows quality control right from raw material procurement to final product testing, packaging, and dispatch.
As on September 30, 2024, the company employed 97 people.
Maxvolt Energy Industries - Promoter(s)
Mr. Bhuvneshwar Pal Singh
Mr. Vishal Gupta
Mr. Sachin Gupta
Pre Issue Share Holding : 57.25%
Post Issue Share Holding : 39.14%
Maxvolt Energy Industries IPO - Issue Objectives
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 IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Maxvolt Energy Industries Limited | 7.07 | 7.07 | 14.88 | N/A | 45.09 | 12.86 | Standalone |
| Amara Raja Energy & Mobility Limited | 49.49 | 49.49 | 369.87 | 22.13 | 13.38 | 2.97 | Consolidated |
| Exide Industries Ltd. | 12.39 | 12.39 | 154.56 | 31.06 | 8.02 | 2.49 | Consolidated |
| High Energy Batteries (India) Ltd. | 19.14 | 19.14 | 97.84 | 27.48 | 19.56 | 5.41 | Consolidated |
| Servotech Power Systems Limited | 0.52 | 0.52 | 5.93 | 273.42 | 8.81 | 28.4 | Consolidated |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on February 5, 2025, divided by the Basic EPS as of March 31, 2024.
- Net asset value per equity share is calculated as net worth at the end of the relevant year divided by the weighted average number of equity shares outstanding at the end of the year.
- The peer group companies are not exactly comparable in all aspects of business and services that the Company provides.
Contact Details
Maxvolt Energy Industries
F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, East Delhi, New Delhi-110092
+91 98188 89835
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Maxvolt Energy Industries IPO - FAQs
Ans. Maxvolt Energy Industries Limited IPO is a SME IPO. The issue is priced at ₹171-180 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Feb 12, 2025, and closes on Feb 14, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Maxvolt Energy Industries Limited IPO opens on Feb 12, 2025 and closes on Feb 14, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Maxvolt Energy Industries Limited IPO is 30,00,000 shares(aggregating up to ₹54.00 Cr).
Ans. The Maxvolt Energy Industries Limited IPO price band is set between ₹171-180 per equity share.
Ans. To apply for Maxvolt Energy Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Maxvolt Energy Industries Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Maxvolt Energy Industries Limited IPO is Feb 17, 2025.
Ans. The Maxvolt Energy Industries Limited IPO will be listed on Feb 19, 2025.
Ans. Follow the steps to check the Maxvolt Energy Industries Limited IPO allotment status online.
