MaxVolt Energy IPO Date, Price, GMP Review Details; Maxvolt Energy IPO is a book built issue of Rs 54.00 crores. The issue is a combination of fresh issue of 24.00 lakh shares aggregating to Rs 43.20 crores and offer for sale of 6.00 lakh shares aggregating to Rs 10.80 crores.
Maxvolt Energy IPO bidding opened for subscription on February 12, 2025 and will close on February 14, 2025. The allotment for the Maxvolt Energy IPO is expected to be finalized on Monday, February 17, 2025. Maxvolt Energy IPO will be list on NSE SME with a tentative listing date fixed as Wednesday, February 19, 2025.
Maxvolt Energy IPO price band is set at ₹171 to ₹180 per share. The minimum lot size for an application is 800. The minimum amount of investment required by retail investors is ₹1,36,800. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,44,000.The minimum lot size investment for HNI is 2 lots (1,600 shares).
Stay tuned with IPO Wheel to get more details about MaxVolt Energy IPO Date, Price, GMP Review Details including business overview, financial performance, live subscription status, allotment details, daily grey market premium (GMP), listing date, and listing price.
MaxVolt Energy IPO Overview
| Name of Company | MaxVolt Energy Industries Limited |
| IPO Date | February 12, 2025, to February 14, 2025 |
| Listing Date | February 19, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹171 to ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 30,00,000 shares (₹54.00 Cr) |
| Fresh Issue | 24,00,000 shares (₹43.20 Cr) |
| Offer for Sale | 6,00,000 shares (₹10.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 85,03,928 shares |
| Share Holding Post-Issue | 1,09,03,928 shares |
| Market Maker Portion | 1,52,000 shares (Rikhav Securities Limited) |
MaxVolt Energy IPO GMP (Grey Market Premium) Trend
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
|---|---|---|---|---|
| 12 February | ₹ | – | ₹ | ₹ |
| 11 February | ₹ | – | ₹ | ₹ |
| 10 February | ₹ | – | ₹ | ₹ |
| 8 February | ₹ | – | ₹ | ₹ |
| 7 February | ₹ | – | ₹ | ₹ |
| 6 February | ₹ | – | ₹- | ₹ |
MaxVolt Energy IPO Lot Size & Investment Details
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1600 | ₹2,88,000 |
Since the lot size is 800 shares, retail investors can apply for only one lot, while HNIs must apply for at least two lots (1600 shares).
MaxVolt Energy IPO Financial Information (Restated) (₹ in Crores)
| Financial Metrics (₹ Cr) | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.77 | 31.51 | 10.25 | 3.61 |
| Revenue | 41.09 | 48.79 | 13.92 | 6.18 |
| Profit After Tax (PAT) | 4.77 | 5.21 | 0.28 | 0.01 |
| Net Worth | 23.94 | 11.55 | 0.64 | 0.37 |
| Reserves & Surplus | 15.44 | 3.79 | 0.32 | 0.05 |
| Total Borrowing | 4.97 | 5.89 | 2.92 | 2.33 |
- Strong Asset Growth – The company’s assets have grown significantly from ₹3.61 Cr in March 2022 to ₹53.77 Cr as of September 2024, indicating expansion.
- Revenue Fluctuations – Revenue peaked at ₹48.79 Cr in March 2024 but slightly declined to ₹41.09 Cr in September 2024, suggesting possible seasonal or operational variations.
- Profitability Improvement – Profit After Tax (PAT) increased from a mere ₹0.01 Cr in March 2022 to ₹4.77 Cr in September 2024, reflecting improved financial performance.
- Strengthened Net Worth – The company’s net worth surged from ₹0.37 Cr in March 2022 to ₹23.94 Cr by September 2024, demonstrating financial stability and growth.
- Rising Reserves & Surplus – Reserves and surplus grew from ₹0.05 Cr in March 2022 to ₹15.44 Cr in September 2024, showing reinvestment of profits and financial strengthening.
- Manageable Borrowing Levels – While total borrowing increased from ₹2.33 Cr in March 2022 to ₹5.89 Cr in March 2024, it slightly reduced to ₹4.97 Cr in September 2024, indicating controlled debt management.
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About MaxVolt Energy Industries Limited Limited Company
- Incorporated in 2019, 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.
- Founded in – 2019
- Managing Director – Mr. Bhuvneshwar Pal Singh
What is the issue size of MaxVolt Energy IPO?
The issue size of the MaxVolt Energy IPO is 540000000.00.
What is the allotment date for the MaxVolt Energy IPO?
MaxVolt Energy IPO allotment date is 17 Feb ’25. For MaxVolt Energy IPO allotment status check, you can visit the website of the registrar of the IPO.
Who is the registrar of MaxVolt Energy IPO?
For MaxVolt Energy, the IPO registrar is BIGSHARE. You can check Quality Power Electrical Equipments Ltd IPO allotment status on the website of the registrar.
Where is the MaxVolt Energy IPO getting listed?
The shares are proposed to be listed on the NSE-SME.
Mukesh Thakur is a prolific writer with over a decade of professional experience. A person of wide interests, he found his true calling in the field of investing and specifically the stock market. He has an amazing skill of presenting the most complex financial concepts (and there is no shortage of complexity in investing) in simple language and terms.