Maxvolt Energy Industries Limited Link 
Allotment
Maxvolt Energy Industries is launching its IPO through a book-building process to raise ₹54.00 crore, comprising a fresh issue of 0.24 crore shares aggregating ₹43.20 crore and an offer for sale of 0.06 crore shares aggregating ₹10.80 crore. The IPO provides investors with an opportunity to participate in the company’s growth as it expands its operations in the energy sector.
The IPO price band is set at ₹180 per share. Investors can apply for a minimum of 800 shares, with applications required in multiples of 800 shares. This translates to a minimum investment of ₹1,44,000 for retail investors. High-net-worth individuals (HNIs) are required to bid for a minimum of 2 lots (1,600 shares), amounting to ₹2,88,000 at the upper price band.
The IPO bidding period was open from February 12 to February 14, 2025, and the allotment of shares was finalized on February 17, 2025. The shares were subsequently listed on NSE SME on February 19, 2025, allowing investors to trade them shortly after allotment.
Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager for the issue, while Bigshare Services Pvt. Ltd. acts as the registrar. The company has also appointed Rikhav Securities Ltd. as its market maker, supporting liquidity in the shares post-listing.
₹180
0%
Open
₹180
HIgh - Low
₹180
Previous Close
₹180
Total Traded Value
0
52 Weeks High
₹180
52 Weeks Low
₹180
Updates On
Feb 5, 2025
IPO. Open
Feb 12, 2026
IPO. Close
Feb 14, 2026
IPO. Price
₹180.00
IPO Market price
₹196.27 Cr
IPO Details
| IPO Date | 19 Feb |
| IPO Listing Date | 19 Feb |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹180.00 |
| IPO Issue Size | 30,00,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 85,03,928 shares |
IPO Timeline
| IPO Open Date | 12 Feb |
| IPO Close Date | 14 Feb |
| IPO Allotment (Tentative) | 17 Feb |
| Refunds | 18 Feb |
| Credit to Demat Account | 18 Feb |
| IPO Listing Date | 19 Feb |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 14,20,000 Shares |
| NII (HNI) Shares Offered | 4,28,000 (14.27%) Shares |
| Retail Shares Offered | 10,00,000 Shares |
IPO Lot Size
Investors can bid for a minimum of 800 shares, and applications must be made in multiples of 800 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| S-HNI (Min) | 2 | 1,600 | ₹2,88,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in 2019, Maxvolt Energy Industries Limited is engaged in the manufacturing of lithium-ion batteries for electric vehicles, energy storage systems, and electronic devices. The company markets its products under the “MaxVolt Energy” brand through dealers, distributors, and OEMs.
Maxvolt Energy manufactures customized battery packs, including Graphene battery packs and chargers, tailored to client requirements. As of September 30, 2024, the company operates service centers in five states, providing support to dealers and distributors for battery maintenance and troubleshooting. Its manufacturing facility is equipped with advanced machinery, safety systems, and testing labs, ensuring stringent quality control from raw material procurement through production, testing, packaging, and dispatch.
Business Model:
Manufacturing: Produces a wide range of lithium-ion battery packs, offering customization in capacity, watt-hours, dimensions, and weight.
Outsourcing: Supplies components such as lead batteries and chargers, designed in-house but manufactured by third parties under company specifications.
Product Portfolio:
E-Scooter / Bike Battery
E-Rickshaw Battery
E-Cycle Battery
Batteries for Energy Storage
Batteries for Electronic Gadgets
Lead E-Scooter Battery
Lithium and Lead Battery Chargers
As of September 30, 2024, the company employs 97 personnel, supporting both manufacturing operations and customer service.
Competitive Strengths:
Robust quality assurance processes
Wide dealership network across multiple states
Experienced promoters and directors
Diverse product range and customized solutions
Scalable in-house manufacturing with advanced machinery
Optimal utilization of resources for efficiency
Company Financials (Consolidated)
| Assets | 53.77 | 31.51 | 10.25 |
| Total Income | 41.09 | 48.79 | 13.92 |
| Profit After Tax | 4.77 | 5.21 | 0.28 |
| EBITDA | - | - | - |
| NET Worth | 23.94 | 11.55 | 0.64 |
| Reserves and Surplus | 15.44 | 3.79 | 0.32 |
| Total Borrowing | 4.97 | 5.89 | 2.92 |
Key Performance Indicator (KPI)
| ROE | 85.41% |
| ROCE | 39.46% |
| Debt/Equity | 0.51 |
| RoNW | 45.09% |
| PAT Margin | 10.77% |
| EBITDA Margin | - |
| Price to Book Value | 11.48 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Maxvolt Energy Industries Ltd. Address
F-108, Plot No. 1 F/F United Plaza,
Community Centre, Karkardooma,
East Delhi
East Delhi, New Delhi, 110092
91 98188 89835
bhuvneshwar@maxvoltenergy.com
http://www.maxvoltenergy.com/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html
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