Maxvolt Energy IPO Overview

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 opens for subscription on February 12, 2025 and closes 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 list on NSE SME with 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 ₹1,44,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹2,88,000.

Smart Horizon Capital Advisors Private Limited is the book running lead manager of the Maxvolt Energy IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Maxvolt Energy IPO is Rikhav Securities Limited.

Refer to Maxvolt Energy IPO RHP for detailed information.

Maxvolt Energy IPO Important dates

Maxvolt Energy IPO opens on February 12, 2025, and closes on February 14, 2025.

IPO Open Date Wednesday, February 12, 2025
IPO Close Date Friday, February 14, 2025
Basis of Allotment Monday, February 17, 2025
Initiation of Refunds Tuesday, February 18, 2025
Credit of Shares to Demat Tuesday, February 18, 2025
Listing Date Wednesday, February 19, 2025
Cut-off time for UPI mandate confirmation 5 PM on February 14, 2025

Maxvolt Energy IPO Financial Performance

Period Ended 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 4.77 5.21 0.28 0.01
Net Worth 23.94 11.55 0.64 0.37
Reserves and Surplus 15.44 3.79 0.32 0.05
Total Borrowing 4.97 5.89 2.92 2.33
Amount in ₹ Crore

Maxvolt Energy IPO Key Performance Indicator

The market capitalization of Maxvolt Energy IPO is Rs 196.27 Cr.

KPI as of Sun, Mar 31, 2024.

KPI Values
ROE 85.41%
ROCE 39.46%
Debt/Equity 0.51
RoNW 45.09%
PAT Margin 10.77
Price to Book Value 11.48
Pre IPO Post IPO
EPS (Rs) 6.12 8.75
P/E (x) 29.39 20.57
Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Maxvolt Energy IPO Objectives

The Company proposes to utilize the Net Proceeds from the Offer towards funding the following objects:

  1. Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies.
  2. Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries.
  3. General corporate purposes.

Maxvolt Energy IPO Lot Size

Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 800 ₹1,44,000
Retail (Max) 1 800 ₹1,44,000
HNI (Min) 2 1,600 ₹2,88,000
Lot Size Calculator

Maxvolt Energy IPO Details

IPO Date February 12, 2025 to February 14, 2025
Listing Date [.]
Face Value ₹10 per share
Price Band ₹171 to ₹180 per share
Lot Size 800 Shares
Total Issue Size 30,00,000 shares
(aggregating up to ₹54.00 Cr)
Fresh Issue 24,00,000 shares
(aggregating up to ₹ 43.20 Cr)
Offer for Sale 6,00,000 shares of ₹10
(aggregating up to ₹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 Company Overview and Services

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.

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.

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.

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

Maxvolt Energy IPO SWOT Analysis

Strengths:

  • Growing Industry: Lithium-ion batteries are in high demand due to EVs and renewable energy storage. Maxvolt is well-positioned in this expanding market.
  • Product Range: They cater to various needs – EVs (e-scooters, e-rickshaws, etc.), energy storage, and electronics. This diversifies their revenue streams.
  • In-House Manufacturing: Having their own facility gives them control over quality and production, potentially leading to cost efficiencies.
  • Strategic Location: Their Ghaziabad plant has good transport links, aiding in sourcing materials and reaching customers.
  • Service Network: Service centers in key states (Uttar Pradesh, Delhi, etc.) help build customer trust and provide after-sales support.

Weaknesses:

  • Relatively Young Company: Founded in 2019, they’re newer compared to established players. This might mean less brand recognition initially.
  • Competition: The lithium-ion battery market is getting crowded. Maxvolt needs to differentiate itself to stand out.
  • Dependence on Raw Materials: Sourcing key materials like lithium can be subject to price fluctuations and supply chain disruptions.
  • Limited Scale (Currently): While they have a plant, their current production capacity might be smaller compared to larger competitors, potentially limiting their ability to meet large orders.

Opportunities:

  • EV Boom: The electric vehicle market is exploding in India. Maxvolt can capitalize on this by providing batteries for EVs of all kinds.
  • Energy Storage Demand: As renewable energy adoption rises, so will the need for battery storage solutions. Maxvolt can tap into this growing market.
  • Government Support: Indian government initiatives promoting EVs and renewable energy provide a favorable environment for battery manufacturers.
  • R&D and Innovation: Investing in R&D to develop advanced battery technologies (like graphene batteries) can give them a competitive edge.
  • Expansion: They have plans to expand their facilities and explore battery recycling, which are positive signs for future growth.

Threats:

  • Technological Disruption: Battery technology is constantly evolving. Newer technologies could make current lithium-ion batteries less competitive.
  • Price Competition: Intense competition could lead to price wars, affecting profitability.
  • Economic Downturn: A slowdown in the economy could impact demand for EVs and energy storage solutions.
  • Supply Chain Risks: Disruptions in the supply of raw materials or components could hamper production.
  • Regulatory Changes: Changes in government policies or regulations related to batteries or EVs could impact the business.

Maxvolt Energy IPO GMP Details

GMP for Maxvolt Energy SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.

The GMP for Maxvolt Energy SME IPO has started from 1 session. It is still very early to determine the direction of the GMP. We are updating the information every day, stay tuned with the latest GMP and more details. Stay tuned to learn more about Maxvolt Energy SME IPO daily GMP performance and expected expected listing price.

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
07-02-2025 180.00 ₹0  — ₹180 (0.00%) 7-Feb-2025 14:33

What is IPO GMP?

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Maxvolt Energy IPO Subscription Status

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Maxvolt Energy IPO Allotment status

Maxvolt Energy IPO allotment is expected on Monday, February 17, 2025.

Maxvolt Energy IPO allotment status is not available at this time. Maxvolt Energy IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Maxvolt Energy Industries Limited IPO allotment status.

Maxvolt Energy IPO Contact Details

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/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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