Maxvolt Energy Industries Limited is engaged in the business of manufacturing of lithium-ion batteries.
The company manufactures lithium-ion batteries for electric vehicles, energy storage, and electronics, sold through dealers, distributors, and OEMs under the “MaxVolt Energy” brand.
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, providing support to dealers and distributors for battery issues.
The company’s manufacturing facility has advanced machinery, safety measures, and testing labs. It ensures quality control from raw material procurement to final product testing, packaging, and dispatch.
The Company’s Business Model:
- Manufacturing: The company manufactures a wide range of lithium-ion battery packs and offers customization for capacity, watt-hours, dimensions, and weight.
- Outsourcing: The company supplies components like lead batteries and chargers, designed and specified by the company, manufactured by third parties.
The Company’s Products:
- E-Scooter / Bike Battery
- E- Rickshaw Battery
- E- Cycle Battery
- Battery for Energy Storage
- Battery for Electronic Gadgets
- Lead E-Scooter Battery
- Lithium Battery Charger, Lead Battery Charger
As on September 30, 2024, the company has employed 97 personnel.
Maxvolt Energy IPO – Details
| IPO Opening Date | 12 February 2025 |
| IPO Closing Date | 14 February 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 30,00,000 Shares Worth ₹54.00 Crore Fresh Issue: 24,00,000 Shares Worth ₹43.20 Crore Offer For Sale: 6,00,000 Shares Worth ₹10.80 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹171 – ₹180 per share |
| Market Lot | 800 Shares |
| Min Order | 800 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Maxvolt Energy IPO – Date Schedule
| IPO Open Date | 12 February 2025 |
| IPO Close Date | 14 February 2025 |
| Basis of Allotment | 17 February 2025 |
| Initiation of Refund | 18 February 2025 |
| Credit of Shares to Demat Account | 18 February 2025 |
| IPO Listing Date | 19 February 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 14, 2025 |
Maxvolt Energy IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1600 | ₹2,88,000 |
Competitive Strengths
- Quality Assurance.
- Dealership network and presence in across various states.
- Leveraging the experience of the Promoters and Directors.
- Wide range of the products.
- Manufacturing at scale, in-house manufacturing facility with equipped machines and processes.
- Optimal Utilization Resources.
- Customized Product Development.
Company Promoters
- Mr. Bhuvneshwar Pal Singh
- Mr. Vishal Gupta
- Mr. Sachin Gupta
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 6.18 | 6.15 | 0.01 | 2.33 |
| 31 March 2023 | 13.91 | 13.60 | 0.27 | 2.92 |
| 31 March 2024 | 48.78 | 42.44 | 5.20 | 5.89 |
| 30 September 2024 | 41.08 | 35.45 | 4.77 | 4.97 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 85.41% |
| ROCE | 39.46% |
| Debt/Equity | 0.51 |
| RoNW | 45.09% |
| PAT Margin | 10.77 |
| Price to Book Value | 12.10 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 6.12 | 8.75 |
| P/E (x) | 29.39 | 20.57 |
Object Of The Issue
- 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.
Maxvolt Energy IPO Promoter Holding
| Pre Issue Share Holding | 57.25% |
| Post Issue Share Holding | 39.14% |
Maxvolt Energy IPO Prospectus
Company Contact Information
| 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/ |
Maxvolt Energy IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Maxvolt Energy IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Private Limited |
Maxvolt Energy IPO FAQs
| What is Maxvolt Energy IPO? Maxvolt Energy IPO is a SME IPO. The issue is priced at ₹171 to ₹180 per equity share. The IPO is to be listed on NSE SME. |
| When Maxvolt Energy IPO will open? The IPO is to open on 12 February 2025 for QIB, NII, and Retail Investors. |
| What is Maxvolt Energy IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Maxvolt Energy IPO? You can apply Maxvolt Energy 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 Maxvolt Energy IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Maxvolt Energy IPO”. 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 Maxvolt Energy IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Maxvolt Energy IPO“. 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 Maxvolt Energy IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Maxvolt Energy IPO”. 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 Maxvolt Energy IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Maxvolt Energy IPO“. 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 Maxvolt Energy IPO Size? Maxvolt Energy IPO size is ₹54.00 Crore. |
| What is the Maxvolt Energy IPO Price Band? Maxvolt Energy IPO Price Band is ₹171 to ₹180. |
| What is Maxvolt Energy IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 800 Shares with ₹1,44,000 amount while the maximum bid is 800 Shares with ₹1,44,000. |
| What is the Maxvolt Energy IPO Allotment Date? Maxvolt Energy IPO allotment date is 17 February 2025. |
| What is the Maxvolt Energy IPO Listing Date? Maxvolt Energy IPO listing date is 19 February 2025. The IPO is to be listed on NSE SME. |
