The MaxVolt Energy IPO is set to open for subscription on February 12, 2025, and will close on February 14, 2025. This is a Book Built Issue IPO, through which the company aims to raise approximately ₹54.00 crores. The IPO consists of a fresh issue of ₹43.20 crores and an offer for sale (OFS) of up to 6,00,000 equity shares, each with a face value of ₹10.
MaxVolt Energy IPO Price Band & Market Quota
- IPO Price Band: ₹171 to ₹180 per share
- Retail Investor Quota: 35%
- Qualified Institutional Buyers (QIB): 50%
- High Net-Worth Individuals (HNI): 15%
- Listing Exchange: NSE
- IPO Listing Date: February 19, 2025
- IPO Allotment Date: February 17, 2025
MaxVolt Energy Financial Performance
MaxVolt Energy has showcased impressive financial growth:
- Revenue: ₹48.79 crores in 2024 vs. ₹13.92 crores in 2023
- Profit: ₹5.21 crores in 2024 vs. ₹0.28 crores in 2023
MaxVolt Energy IPO Date & Price Band Details
| Category | Details |
|---|---|
| IPO Open Date: | February 12, 2025 |
| IPO Close Date: | February 14, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹171 to ₹180 Per Share |
| Issue Size: | Approx ₹54.00 Crores |
| Fresh Issue: | Approx ₹43.20 Crores |
| Offer for Sale: | Approx 6,00,000 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Maxvolt Energy Industries Limited: Company Overview, Strengths, and Risks
Maxvolt Energy Industries Limited, established in 2019, is a prominent player in the rapidly growing lithium-ion battery manufacturing sector in India. The company focuses on producing a diverse range of lithium-ion batteries under the “MaxVolt Energy” brand, catering to various applications including electric vehicles (e-scooters, e-rickshaws, e-cycles), energy storage systems, and electronics.
Company Overview:
Maxvolt Energy has quickly carved a niche for itself by offering both standard and customized battery solutions. They also provide Graphene battery packs and chargers, demonstrating their commitment to innovation in energy storage technology. With a manufacturing facility in Ghaziabad, Uttar Pradesh, and service centers across several states, Maxvolt ensures efficient production and after-sales support. The company is led by experienced promoters with expertise in sales, marketing, finance, and operations, contributing to its strong market position.
Strengths:
- Wide Product Range: Maxvolt offers a comprehensive portfolio of lithium-ion batteries for diverse applications.
- Customization: The company specializes in designing and manufacturing customized battery solutions to meet specific client requirements.
- Quality Focus: Maxvolt maintains stringent quality control measures throughout the manufacturing process, from raw material procurement to final product testing.
- Strong Distribution Network: The company has established a robust network of dealers and distributors, ensuring wide reach and accessibility of its products.
- Experienced Leadership: The promoters and directors bring a wealth of industry experience, guiding the company’s strategic direction.
Risks:
- Competition: The lithium-ion battery market is highly competitive and fragmented, with both established players and emerging companies.
- Technological Advancements: Rapid technological advancements in battery technology could pose a risk if Maxvolt fails to adapt and innovate.
- Raw Material Dependence: The company’s reliance on specific suppliers for raw materials could be a risk if supply chains are disrupted or costs increase.
- Financial Performance: As a relatively young company, Maxvolt’s financial performance and future prospects need to be carefully assessed.
Maxvolt Energy IPO Market Lot
The MaxVolt Energy IPO requires a minimum lot size of 800 shares, meaning investors must apply for at least 800 shares per lot. The application amount for a single lot is ₹1,44,000. Investors looking to participate in the MaxVolt Energy IPO must ensure they have the necessary funds for their desired number of lots.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹1,44,000 |
| Retail Maximum | 1 | 800 | ₹1,44,000 |
| S-HNI Minimum | 2 | 1,600 | ₹2,88,000 |
Maxvolt Energy IPO Allotment & Listing Dates
The MaxVolt Energy IPO is set to open for subscription on February 12, 2025, and will close on February 14, 2025. Investors eagerly awaiting the MaxVolt Energy IPO allotment status can expect the finalization on February 17, 2025. Following this, the much-anticipated MaxVolt Energy IPO listing is scheduled for February 19, 2025.
| Type | Date |
|---|---|
| IPO Open Date: | February 12, 2025 |
| IPO Close Date: | February 14, 2025 |
| Basis of Allotment: | February 17, 2025 |
| Refunds: | February 18, 2025 |
| Credit to Demat Account: | February 18, 2025 |
| IPO Listing Date: | February 19, 2025 |
Maxvolt Energy IPO: Promoters
The MaxVolt Energy IPO is backed by a strong promoter team, including Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta. Their leadership and industry expertise play a crucial role in driving the company’s growth and strategic direction. Investors looking at the MaxVolt Energy IPO can rely on their vision and experience to navigate the competitive energy sector successfully.
Maxvolt Energy IPO Company Financial Report
MaxVolt Energy IPO has demonstrated impressive financial growth, making it a promising investment opportunity. The company reported a revenue of ₹48.79 crores in 2024, marking a significant increase from ₹13.92 crores in 2023. Similarly, its profit surged to ₹5.21 crores in 2024, compared to just ₹0.28 crores in 2023. This substantial growth reflects MaxVolt Energy’s strong market positioning and expanding business operations. Investors looking for high-growth potential in the renewable energy sector should closely follow the MaxVolt Energy IPO for a strategic investment decision.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2022 | ₹6.18 | ₹6.15 | ₹0.01 | ₹3.61 |
| 2023 | ₹13.92 | ₹13.61 | ₹0.28 | ₹10.25 |
| 2024 | ₹48.79 | ₹42.45 | ₹5.21 | ₹31.51 |
| September 2024 | ₹41.09 | ₹35.46 | ₹4.77 | ₹53.77 |
MaxVolt Energy IPO Valuation – FY2024
| KPI | Values |
|---|---|
| ROE: | 85.41% |
| ROCE: | 39.46% |
| EBITDA Margin: | 13.69% |
| PAT Margin: | 10.77% |
| Debt to equity ratio: | 0.51 |
| Earning Per Share (EPS): | ₹7.07 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 45.09% |
| Net Asset Value (NAV): | ₹15.68 |
MaxVolt Energy Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Amara Raja Energy & Mobility Limited | 49.49 | 26.34 | 13.38 | 369.87 | – Cr. |
| Exide Industries Limited | 12.39 | 35.27 | 8.02 | 154.56 | – Cr. |
| High Energy Batteries (India) Ltd. | 19.14 | 32.24 | 19.56 | 97.84 | – Cr. |
| Servotech Power Systems Limited | 0.52 | 353.08 | 8.81 | 5.93 | – Cr. |
MaxVolt Energy IPO: Key Objectives of the Issue
The MaxVolt Energy IPO is strategically designed to strengthen the company’s financial position and support its future expansion. The key objectives of the issue include:
- Debt Reduction: Partial or full repayment of outstanding loans taken from banks, financial institutions, and NBFCs to enhance financial stability.
- Capital Expenditure: Investment in advanced plant and machinery to boost operational efficiency and support business growth.
- General Corporate Purposes: Allocation of funds for business expansion, working capital needs, and other corporate requirements.
This IPO aims to enhance MaxVolt Energy’s financial health, streamline operations, and position the company for sustained growth in the energy sector.
MaxVolt Energy IPO Review
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MaxVolt Energy IPO Registrar
Bigshare Services Private Limited
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
MaxVolt Energy IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisory Private Limited
MaxVolt Energy Company Address
MaxVolt Energy Industries Limited
E- 82, Industrial Area, Bulandshahar Road, Ghaziabad,
Uttar Pradesh Uttar Pradesh-201009, India
Phone: +91 9810406453
E-mail: investorrelations@maxvoltenergy.com
Website: www.maxvoltenergy.com
FAQs on MaxVolt Energy IPO
The MaxVolt Energy IPO is a Book Built Issue IPO aiming to raise approximately ₹54.00 crores through a combination of a fresh issue worth ₹43.20 crores and an offer for sale (OFS) of up to 6,00,000 equity shares.
IPO Open Date: February 12, 2025
IPO Close Date: February 14, 2025
Allotment Date: February 17, 2025
Refunds: February 18, 2025
Credit to Demat: February 18, 2025
Listing Date: February 19, 2025
The IPO price band is set between ₹171 to ₹180 per share.
The minimum lot size for retail investors is 800 shares, requiring an investment of ₹1,44,000 per lot.
The funds raised from the IPO will be used for:
Debt repayment to reduce financial liabilities.
Capital expenditure for purchasing new plant and machinery.
General corporate purposes to support business growth and operations.
The IPO will be listed on the NSE SME exchange.
MaxVolt Energy has shown strong financial growth, with revenue increasing from ₹13.92 crores in 2023 to ₹48.79 crores in 2024, and net profit surging from ₹0.28 crores to ₹5.21 crores.
The IPO is backed by Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta, who bring significant industry expertise.
Intense competition in the lithium-ion battery sector.
Technological advancements requiring continuous innovation.
Dependency on raw materials and supplier networks.
The registrar for the IPO is Bigshare Services Private Limited.
Disclaimer: This information is for general knowledge and informational purposes only and does not constitute financial, investment, or other professional advice.
