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MEMAKSListed

Maks Energy Solutions India Limited

Fixed Price FPO · NSE

Price band
₹20 - ₹20
Lot size
6,000 shares
Issue amount
₹4 cr
Total subscription
26.3×
Current price₹13.55
Listing price ₹20
Watch live price ↗
Opens
16 Sept 2022
Closes
20 Sept 2022
Allotment
23 Sept 2022
Listing
28 Sept 2022

Offer at a glance

Issue overview

Issue size
19,98,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹4 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
NSE
Maximum investment
₹1,20,000
Issue type
Fixed Price FPO
Shares before issue
49,36,790
Shares after issue
69,34,790

Lot sizes

CategoryLotsSharesAmount
RETAIL16,000₹1,20,000
HNI212,000₹2,40,000

Share reservation

Market Maker5.11%
NII (HNI)47.45%
RETAIL47.45%

Subscription & GMP

Subscription by category

Total subscribed26.3×

Subscription figures are awaiting publication.

GMP history

02.5527 Mar: ₹527 Nov: ₹5
27 Mar₹527 Nov

Application-wise demand

CategoryReserved applicationsApplied applications
——

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-2,00002,0004,0006,000Mar-22 · Revenue: 2,824.66Mar-22 · Profit after tax: 51.34Mar-22 Mar-21 · Revenue: 2,091.75Mar-21 · Profit after tax: -0.8Mar-21 Mar-20 · Revenue: 4,335.03Mar-20 · Profit after tax: 168.77Mar-20
RevenueProfit after tax

Company information

Company profile

Maks Energy Solutions India Limited is engaged in trading, assembling, selling, installing, testing, and commissioning generator and diesel generator (DG) sets, with business verticals spanning DG set trading and assembly as well as the distribution of commercial vehicle spare parts. The company procures diesel engines, alternators, and other components from suppliers, assembles DG sets, and sells them along with related spare parts in both domestic and export markets, while also distributing auto spare parts within Maharashtra. Maks Energy exports DG sets to regions including the Middle East, Southeast Asia, and parts of Africa, and operates its assembly facility in Pune, Maharashtra. The company reported revenues of ₹4,217.18 lakh in FY2020, ₹2,070.95 lakh in FY2021, and ₹2,553.76 lakh in FY2022.

Promoters

Mr. Sourabh Mahendra Shaw

Registrar & documents

Lead manager

Sun Capital Advisory Services (P) Limited

Registered office

Showroom-1, 599/600 Rasta Peth, Shubham Society, Near - Parsi Agyari, Pune - 411011

+91 83790 69555

[email protected]Company website ↗

Understanding MAKS IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.