Maxvolt Energy Industries Limited

Maxvolt Energy Industries Limited

SME NSE SME 100% Book Built Offer
Closed

Price Band

₹171 - ₹180

Total Issue

₹54.00 Cr

Bid Dates

12 Feb - 14 Feb

Subscription

3.30x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Lot Info

Lot Information for Maxvolt Energy Industries IPO
Category Lots Shares Amount
Individual (Min) 1 800 ₹1,44,000
Individual (Max) 1 800 ₹1,44,000
S-HNI (Min) 2 1,600 ₹2,88,000
S-HNI (Max) 6 4,800 ₹8,64,000
B-HNI (Min) 7 5,600 ₹10,08,000
Market Maker
1,52,000 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹54.00 Cr
Fresh Issue
₹43.20 Cr (0.24 Cr Shares)
Offer For Sale
₹10.80 Cr (0.06 Cr Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹180
Est. Gain 0.00%

Maxvolt Energy Industries IPO Peer Comparison

(Rs. in crores)

Maxvolt Energy Industries IPO Peer Comparison Table
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

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Maxvolt Energy Industries IPO
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

KPIs

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.

Shareholding

Promoter

7.09%

Public

92.91%

Mr. Bhuvneshwar Pal Singh 19.05%
Mr. Vishal Gupta 18.76%
Mr. Sachin Gupta 12.35%

Management

Mr. Bhuvneshwar Pal Singh MD & CFO
Mr. Vishal Gupta Chairman

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Smart Horizon Capital Smart Horizon Capital

Subscription Status

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

Category Sub (x) Offered Bids
QIB 6.77x 5,68,000 38,47,200
NII 1.45x 4,28,000 6,20,800
Retail 1.97x 10,00,000 19,72,800
Total 3.23x 19,96,000 64,40,800

Frequently Asked Questions

What is Maxvolt Energy Industries IPO?
Maxvolt Energy Industries IPO is a SME IPO having an issue size of ₹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.
When will Maxvolt Energy Industries IPO open?
Maxvolt Energy Industries IPO opens on 12 Feb 25 and closes on 14 Feb 25.
What is the GMP of Maxvolt Energy Industries IPO?
The estimated Grey Market Premium of Maxvolt Energy Industries IPO is ₹0 per share (0.00%).
What is the lot size of Maxvolt Energy Industries IPO?
The minimum lot size of Maxvolt Energy Industries IPO is 800 shares & the minimum application amount is Rs. 144000.
When is the allotment of Maxvolt Energy Industries IPO?
The allotment date of Maxvolt Energy Industries IPO is 17 Feb 25.
What is the listing date of Maxvolt Energy Industries IPO?
The listing date of Maxvolt Energy Industries IPO is 19 Feb 25.
What is the subscription of Maxvolt Energy Industries IPO?
Maxvolt Energy Industries IPO is subscribed 3.30 times.
What is the price band of Maxvolt Energy Industries IPO?
Maxvolt Energy Industries IPO is priced at ₹171 - ₹180 per share.
How to check allotment status of Maxvolt Energy Industries IPO?
Click the allotment link on Maxvolt Energy Industries IPO page of IPO360.
How to apply Maxvolt Energy Industries IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Maxvolt Energy Industries IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Maxvolt Energy Industries IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Maxvolt Energy Industries IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date