Maks Energy Solutions India Limited is engaged in the business of trading, dealing, assembling, selling, installing, testing and commissioning generator and Diesel Generator (DG) Sets.
The company is engaged in the purchasing of Diesel Engines, Alternators and other parts from the suppliers and assembling the Diesel Generating Sets and selling those Diesel Generating Sets and the spare parts of DG Sets into domestic and export markets. The company also distributes auto spare parts in the state of Maharashtra, India.
Maks Energy Solutions India exports generator sets to countries in the Middle East, South East Asia and some parts of Africa. The company’s assembling facility is located in Pune, Maharashtra.
MAKS has established 5 Self-Owned sales and service offices in different cities of India (Pune, Delhi, Kolkata, Chennai and Ranchi). MAKS Generators also has dealers outside India in Europe, Latin America, USA, Singapore, Middle East, Africa, Thailand, Nepal, Sri-Lanka and many other countries.
Competitive Strengths
- Established operation capability in the diesel generator set market to cater requirements of large and diversified customer base.
- Proven track record.
- Strong technical and execution capabilities.
- Experienced and proven management team.
Company Promoters
- Mr. Sourabh Mahendra Shaw
Company Financials
| Particulars | 31 March 2022 | 31 March 2021 | 31 March 2020 |
|---|---|---|---|
| Total Revenue | 2,824.66 | 2,091.75 | 4,335.03 |
| Total Expense | 2,629.60 | 2,090.76 | 4,110.12 |
| Profit Before Tax | 100.49 | 0.98 | 224.91 |
| Profit After Tax | 51.34 | -0.80 | 168.77 |
Object Of The Issue
- Repayment/ Prepayment of Loan.
- General Corporate Purpose.
- Issue Expenses.
Maks Energy Solutions India IPO – Details
| IPO Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹3.99 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹20 |
| Market Lot | 6000 Shares |
| Min Order | 6000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Maks Energy Solutions India IPO – Date Schedule
| IPO Open Date | 16 September 2022 |
| IPO Close Date | 20 September 2022 |
| Basis of Allotment Date | 23 September 2022 |
| Initiation of Refunds | 26 September 2022 |
| Credit of Shares to Demat Account | 26 September 2022 |
| IPO Listing Date | 28 September 2022 |
Maks Energy Solutions India IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 6000 | 1,20,000 |
| Maximum | 1 | 6000 | 1,20,000 |
Maks Energy Solutions India IPO Promoter Holding
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 71.19% |
Maks Energy Solutions India IPO Prospectus
Company Contact Information
| Maks Energy Solutions India Ltd Showroom-1, 599/600 Rasta Peth, Shubham Society, Near – Parsi Agyari, Pune – 411011 Phone: +91 83790 69555 Email: maksenergy@gmail.com Website: http://www.maksgenerators.com/ |
Maks Energy Solutions India IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Maks Energy Solutions India IPO Lead Manager(s)
| 1. Sun Capital Advisory Services Private Limited |
Maks Energy Solutions India IPO FAQs
| What is Maks Energy Solutions India IPO? Maks Energy Solutions India IPO is a SME IPO. The issue is priced at ₹20 per equity share. The IPO is to be listed on NSE SME. |
| When Maks Energy Solutions India IPO will open? The IPO is to open on 16 September 2022 for NII and Retail Investors. |
| What is Maks Energy Solutions India IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Maks Energy Solutions India IPO? You can apply Maks Energy Solutions India IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Maks Energy Solutions India IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Maks Energy Solutions India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Maks Energy Solutions India IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Maks Energy Solutions India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Maks Energy Solutions India IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Maks Energy Solutions India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Maks Energy Solutions India IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Maks Energy Solutions India”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Maks Energy Solutions India IPO Size? Maks Energy Solutions India IPO size is ₹3.99 crores. |
| What is Maks Energy Solutions India IPO Price Band? Maks Energy Solutions India IPO Price Band is ₹20. |
| What is Maks Energy Solutions India IPO Minimum and Maximum Lot Size? The minimum bid is 6000 Shares with ₹1,20,000 amount while the maximum bid is 6000 shares with ₹1,20,000. |
| What is the Maks Energy Solutions India IPO Allotment Date? Maks Energy Solutions India IPO allotment date is 23 September 2022. |
| What is the Maks Energy Solutions India IPO Listing Date? Maks Energy Solutions India IPO listing date is 28 September 2022. The IPO is to list on NSE SME. |
