Maxvolt Energy Industries Limited
Bookbuilding IPO · NSE
- Price band
- ₹171 - ₹180
- Lot size
- 800 shares
- Issue amount
- ₹54 cr
- Total subscription
- 3.3×
- Opens
- 12 Feb 2025
- Closes
- 14 Feb 2025
- Allotment
- 17 Feb 2025
- Listing
- 19 Feb 2025
Offer at a glance
Issue overview
- Issue size
- 30,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,36,800
- Fresh issue
- ₹43.2 cr
- Offer for sale
- ₹10.8 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,44,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 85,03,928
- Shares after issue
- 1,09,03,928
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 800 | ₹1,44,000 |
| HNI | 2 | 1,600 | ₹2,88,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 6 |
| NIB | — | 177 |
| RETAIL | — | 2,466 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 10.24 | 69.25 |
| RETAIL | 18 | 35.51 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 5.76 | 7.07 | 1.33 |
| ROE | 26.88 | 85.41 | 55.18 |
| ROCE | 20.74 | 39.46 | 17.69 |
| RONW | 19.92 | 45.09 | 43.25 |
| PRE IPO(PE) | 0 | 29.39 | 0 |
| POST IPO(PE) | 20.57 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Established in 2019, Maxvolt Energy Industries Limited manufactures lithium-ion batteries for electric vehicles, energy storage systems, and electronic devices under the brand “MaxVolt Energy.” The company produces customized and graphene battery packs, along with chargers, at its advanced facility equipped with modern machinery, safety systems, and testing labs. Operating on a dual business model, Maxvolt manufactures lithium-ion battery packs with customizable features and also sources lead batteries and chargers from trusted partners. Its products serve e-scooters, e-bikes, e-rickshaws, and energy storage applications, supported by service centers in five states for after-sales care. As of September 2024, the company employed 97 professionals.
Strengths
- Reliable Manufacturing – Our ISO 9001: 2015 certified facility ensures high-quality production with a well-organized process.
- Versatile Product Range – We provide battery solutions for various applications, including EVs and industrial needs.
- Strong Market Reach – Our extensive dealer and distributor network, along with service centers across multiple states, ensures excellent support.
Risk factors
- Dependence on Suppliers – Relies heavily on suppliers for key battery components.
- Regulatory Compliance – Must adapt to changing government policies on battery technology and safety.
- Working Capital Needs – Requires significant working capital, which can impact cash flow management.
Promoters
Mr. Bhuvneshwar Pal Singh
Mr. Vishal Gupta
Mr. Sachin Gupta
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, East Delhi, New Delhi-110092
+91 98188 89835
[email protected]Company website ↗Understanding MAXVOLT 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.