Maxvolt Energy Industries Ltd
Price Range
₹171 - ₹180
Min. Quantity
800
Closes on
14 February 2025
Min. investment
₹1,44,000/800 Shares
Maxvolt Energy Industries Ltd IPO Timeline
Maxvolt Energy Industries Limited was originally incorporated on May 09, 2019 under the name 'Maxvolt Energy Industries Private Limited' under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of our Company was changed to public limited Company and the name of our Company was changed to 'Maxvolt Energy Industries Limited' vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on June 18, 2024. The fresh certificate of incorporation consequent to conversion was issued on August 27, 2024 by the Centralised Processing Centre.
| Event | Date |
|---|---|
| Maxvolt Energy Industries Ltd IPO Opening Date | 12 February 2025 |
| Maxvolt Energy Industries Ltd IPO Closing Date | 14 February 2025 |
| Basis of Allotment | 17 February 2025 |
| Initiation of Refunds | 18 February 2025 |
| Credit of Shares to Demat | 18 February 2025 |
| Maxvolt Energy Industries Ltd IPO Listing Date | 19 February 2025 |
Maxvolt Energy Industries Ltd IPO Details
| Maxvolt Energy Industries Ltd IPO Date | 12 February 2025 to 14 February 2025 |
| Maxvolt Energy Industries Ltd IPO Face Value | ₹10 per share |
| Maxvolt Energy Industries Ltd IPO Price | ₹171 to ₹180 per share |
| Maxvolt Energy Industries Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹54 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹43.2 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹10.8 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 5,68,800 of the Net Offer |
| Retail Shares Offered | Not less than 10,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 4,28,000 of the Net Offer |
| Company Promoters | Bhuvneshwar Pal Singh, Vishal Gupta, Sachin Gupta |
Maxvolt Energy Industries Ltd IPO Lot Size
The Maxvolt Energy Industries Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,44,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,44,000 |
| Maximum | 1 | 800 | ₹1,44,000 |
- Strengths
- Risks
- Opportunities
- Quality Assurance.
- Dealership network and presence in across various states.
- Leveraging the experience of our Promoters and Directors.
- Wide range of our products.
- Manufacturing at scale, in-house manufacturing facility with equipped machines and processes.
- Optimal Utilization Resources.
- Customized Product Development.
Company Financials
Maxvolt Energy Industries Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 31.51 | 48.79 | 5.21 |
| 03-2023 | 10.25 | 13.92 | 0.28 |
| 03-2022 | 3.61 | 6.18 | 0.01 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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 Industries Ltd IPO Promoter Holding
| Pre Issue Share Holding | 19.05% |
| Post Issue Share Holding | 14.85% |
Maxvolt Energy Industries Ltd IPO Subscription Status (Bidding Detail)
The Maxvolt Energy Industries Ltd IPO is subscribed 3.0681 times on 14 February 2025 05:00:00 PM. The public issue subscribed 1.9728 times in the retail category, 6.7637 times in the QIB category, and 1.8056 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 6.7637 | 1.8056 | 1.9728 | - | 3.0681 |
Maxvolt Energy Industries Ltd IPO Prospectus
Maxvolt Energy Industries Ltd IPO Listing Date
| Listing Date | 19 February 2025 |
| BSE Script | 94171 |
| NSE Symbol | MAXVOLT |
| Listing In | NSE - SME |
| ISIN | INE10A501018 |
| IPO Price | ₹180 |
| Face Value | ₹10 |
Company Contact Information
F-108 Plot #. 1 F/F United PlzCommunity Centres Karkadooma,New Delhi-110092
Phone: +91 98104 06453
Email: investorrelations@maxvoltenergy.com
Website: www.maxvoltenergy.com
Maxvolt Energy Industries Ltd IPO Registrar
Maxvolt Energy Industries Ltd IPO Lead Manager(s)
- Smart Horizon Capital Advisors Pvt Ltd
FAQ
What is the issue size of Maxvolt Energy Industries Ltd IPO?
I have pre-applied for Maxvolt Energy Industries Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.