1. Home
  2. IPO
  • Maxvolt Energy Industries IPO
Maxvolt Energy Industries Ltd logo

Maxvolt Energy Industries IPO

  • Status: Closed
  • RHP:
  • ₹ 136,800 / 800 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    19 Feb 2025

  • Listing Price

    ₹ 180.00

  • Listing Change

    0.00%

  • Last Traded Price

    ₹ 172.85

IPO Details

  • Bidding starts

    12 Feb 2025

  • Bidding ends

    14 Feb 2025

  • Listing

    19 Feb 2025

  • IPO Price Range

    ₹ 171 to ₹ 180

  • IPO Size

    ₹ 54.00 Cr

  • Listing Exchange

    NSE SME

With just a few clicks, Invest in IPOs!

+91
Resend OTP

By proceeding, you agree to all T&C*

hero_form
Timeline Subscription Status Financials SWOT FAQ Contacts

IPO Timeline

Maxvolt Energy Industries IPO Subscription Status

Last Updated: 14 February 2025 6:28 PM by 5Paisa

Maxvolt Energy Industries is set to release its IPO which includes a fresh issue of 0.24 Cr shares worth ₹43.20 crore and an offer for sale of 0.06 Cr shares worth ₹10.80 crore. The IPO opens on February 12, 2025, and closes on February 14, 2025. The company manufactures lithium-ion batteries for EVs, energy storage, and electronics. It operates service centers across five states and offers customized battery packs, chargers, and graphene battery solutions.

Established in: 2019
Managing Director: Mr. Bhuvneshwar Pal Singh

Peers

Amara Raja Energy & Mobility Ltd
Exide Industries Ltd
High Energy Batteries (India) Ltd
Servotech Renewable Power System Ltd
 

Objectives

1. Repayment, in full or in part, of borrowings availed by the company.
2. Funding the Company's capital expenditure for Plant and Machinery purchase.
3. General corporate purposes.
 

Maxvolt Energy IPO Size

Types Size
Total IPO Size ₹54.00 Cr.
Offer For Sale ₹10.80 Cr.
Fresh Issue ₹43.20 Cr.

 

Maxvolt Energy IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 800 139,200
Retail (Max) 1 800 139,200
HNI (Min) 2 1600 278,400

Maxvolt Energy IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 6.76 5,68,800 38,47,200 69.250
NII (HNI) 1.45 4,28,000 6,20,800 11.174
Retail 1.97 10,00,000 19,72,800 35.510
Total** 3.23 19,96,800 64,40,800 115.934

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Maxvolt Energy IPO Anchor Allocation

Anchor Bid Date 11 February, 2025
Shares Offered 8,51,200
Anchor portion Size (In ₹ Cr.) 15.32
Anchor lock-in period end date for 50% shares (30 Days) 19 March, 2025
Anchor lock-in period end date for remaining shares (90 Days) 18 May, 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 6.18 13.92 48.79
EBITDA 0.16 0.55 6.62
PAT 0.01 0.28 5.21
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 3.61 13.92 48.79
Share Capital 0.32 0.32 7.76
Total Borrowings 2.33 2.92 5.89
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities -1.51 -0.32 -7.55
Net Cash Generated From / (used in) investing activities -0.55 -0.02 -0.73
Net Cash Generated From / (used in) financing activities 2.06 0.35 8.28
Net Increase (Decrease) In Cash And Cash Equivalents - 0.01 0.01


Strengths

1. Strong quality control ensures high performance and safety.
2. Extensive dealer network expands market reach across states.
3. Diverse product portfolio includes EV, storage, and electronic batteries.
4. In-house manufacturing with advanced machinery enables scalable production.
5. Customization capability allows tailored battery solutions for various needs.
 

Risks

1. Dependence on suppliers for key battery components.
2.Highly competitive market with established battery brands.
3. High R&D costs due to innovation and customization.
4. Limited global presence with focus on India.
5. Regulatory risks from evolving energy and EV policies.

Will You Apply for Maxvolt Energy Industries IPO?

Yes No Maybe

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
Resend OTP

By proceeding, you agree to all T&C*

footer_form

FAQs

Maxvolt Energy IPO opens from 12 February 2025 to 14 February 2025.

The size of Maxvolt Energy IPO is ₹54.00 Cr.

The price of Maxvolt Energy IPO is fixed at ₹171 to ₹180 per share. 

To apply for Maxvolt Energy IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Maxvolt Energy  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Maxvolt Energy IPO is 800 shares and the investment required is ₹139,200.
 

The share allotment date of Maxvolt Energy IPO is 17 February 2025

The Maxvolt Energy IPO will be listed on 19 February 2025.

Smart Horizon Capital Advisors Pvt Ltd is the book running lead manager for Maxvolt Energy IPO.
 

Maxvolt Energy plans to utilise the raised capital from the IPO for:

  • Repayment, in full or in part, of borrowings availed by the company.
  • Funding the Company's capital expenditure for Plant and Machinery purchase.
  • General corporate purposes.