Maxvolt Energy Industries Limited

Maxvolt Energy Industries Limited

Maxvolt Energy (est 2019) is engaged in manufacturing lithium-ion batteries under the brand “MaxVolt Energy,” catering to Electric Vehicles (E-Scooters, E-Rickshaws, E-Cycles), energy storage, and electronic gadgets. It also offers customized battery packs for various industries, along with Graphene battery packs and battery chargers developed in-house. Products are distributed through dealers, distributors, and OEMs. The Company is ISO 9001:2015 certified, with a manufacturing unit spanning 18,000 sq. ft. in Ghaziabad, Uttar Pradesh.

Price Band

₹171 - ₹180

Dates

12 Feb - 14 Feb

GMP

₹0 (0.00%)

Subscriptions

3.30 times

Issue Size

₹54.00 Crs

Maxvolt Energy Industries IPO Key Dates
Opening Date

12 Feb 25

Closing Date

14 Feb 25

Basis Of Allotment

17 Feb 25

Initiations Of Refund

18 Feb 25

Credit Of Shares

18 Feb 25

Listing Date

19 Feb 25

Maxvolt Energy Industries IPO Objects

  1. Repayment/prepayment of existing borrowings
  2. Funding capital expenditure for plant and machinery
  3. General corporate purposes.

Maxvolt Energy Industries IPO Details
Price Band

₹171 - ₹180

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹43.20 Cr (0.24 Cr Shares)

Offer For Sale

₹10.80 Cr (0.06 Cr Shares)

Total Issue

₹54.00 Cr (0.30 Cr Shares)

Face Value

₹10 per equity share

Maxvolt Energy Industries IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 800 1,44,000
Maximum 1 800 1,44,000
NII
Minimum 2 1,600 2,88,000
Maxvolt Energy Industries IPO Subscription

Updated as on 14-Feb-2025 19:00:18 hrs

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 6.77 5,68,000 38,47,200
NII 1.81 4,28,000 7,72,800
Retail 1.97 10,00,000 19,72,800
Total 3.30 19,96,000 65,92,800
Maxvolt Energy Industries IPO GMP

The estimated Grey Market Premium of Maxvolt Energy Industries IPO is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of net offer
NII Not less than 15% of net offer
Retail Not less than 35% of net offer
Market Maker 1,52,000 EQ Share
Maxvolt Energy Industries IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 41.09 48.79 13.92 6.18
Profit after Tax 4.77 5.21 0.28 0.01
Net Worth 23.94 11.55 0.64 0.37
Total Borrowing 4.97 5.89 2.92 2.33
Total Assets 53.77 31.51 10.25 3.61
NAV per share (in ₹) 28.16 14.88 20.14 11.43
EPS - Basic (in ₹) 5.76 7.07 1.33 0.07

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI KPI
EBITDA 13.69%
PAT 10.77%
ROE 85.41%
ROCE 39.46%
Debt to Equity 0.51
PE Ratio 25.46
PB Ratio 12.10
Mkt Cap (in Crs.) 196.27
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Maxvolt Energy Industries IPO Peer Comparision

(Rs. in crores)

Particulars Co. Amara Raja Energy & Mobility Exide Industries High Energy Batteries Servotech Renewable Power System
Revenue from Ops (in Crs.) 48.37 11,708.44 16,769.73 78.14 353.68
PAT (In Crs.) 5.21 934.38 882.82 17.16 11.80
EPS - Basic 7.07 49.49 12.39 19.14 0.52
NAV per share 14.88 369.87 154.56 97.84 5.93
RONW 45.09 13.38 8.02 19.56 8.81
EBITDA 13.69% 14.17% 10.84% 28.86% 5.88%
PAT Margin 10.77% 7.98% 5.26% 21.96% 3.34%
Price to earning (PE) 25.46 22.13 31.06 27.48 273.42
Debt to Equity 0.51 0.01 0.05 0.05 0.51
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Maxvolt Energy Industries IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 48.37
PAT (In Crs.) 5.21
EPS - Basic 7.07
NAV per share 14.88
RONW 45.09
EBITDA 13.69%
PAT Margin 10.77%
Price to earning (PE) 25.46
Debt to Equity 0.51
Amara Raja Energy & Mobility Exide Industries High Energy Batteries Servotech Renewable Power System
11,708.44 16,769.73 78.14 353.68
934.38 882.82 17.16 11.80
49.49 12.39 19.14 0.52
369.87 154.56 97.84 5.93
13.38 8.02 19.56 8.81
14.17% 10.84% 28.86% 5.88%
7.98% 5.26% 21.96% 3.34%
22.13 31.06 27.48 273.42
0.01 0.05 0.05 0.51
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers
Promoter Details
Name B
Mr. Bhuvneshwar Pal Singh 19.05%
Mr. Vishal Gupta 18.76%
Mr. Sachin Gupta 12.35%
Other Promoter 7.09%
Management Details
Name Designation
Mr. Bhuvneshwar Pal Singh MD & CFO
Mr. Vishal Gupta Chairman
Company Details

Name : Maxvolt Energy Industries Limited

Address : F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, New Delhi - 110092, India.

Number : +91 9810406453Â

Email : investorrelations@maxvoltenergy.com

Website : www.maxvoltenergy.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Maxvolt Energy Industries IPO is a SME IPO having an issue size of Rs. ₹54.00 Crs. Maxvolt Energy Industries IPO is priced at ₹171 - ₹180 per share. The issue opens on 12 Feb 25 and closes on 14 Feb 25.

Maxvolt Energy Industries IPO opens on 12 Feb 25 and closes on 14 Feb 25.

The estimated Grey Market Premium of Maxvolt Energy Industries IPO is ₹0 per share (0.00%).

The minimum lot size of Maxvolt Energy Industries IPO is 800 shares & the minimum application amount is Rs. 144000.

The allotment date of Maxvolt Energy Industries IPO is 17 Feb 25.

The listing date of Maxvolt Energy Industries IPO is 19 Feb 25.

Maxvolt Energy Industries IPO is subscribed 3.30 times.

Maxvolt Energy Industries IPO is priced at ₹171 - ₹180 per share.

Click the allotment link on Maxvolt Energy Industries IPO page of IPO360.

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  6. Money will remain blocked till the refund date