IPO Details
Bidding Dates
12 Feb 25 - 14 Feb 25
Price Range ₹
171 - 180
Total Equity
₹ 38.68Cr
Lot Size
800
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
12 Feb 2025
Offer end
14 Feb 2025
Allotment
17 Feb 2025
Refund initiation
18 Feb 2025
Demat transfer
18 Feb 2025
Listing
19 Feb 2025
Offer start
12 Feb 2025
Offer end
14 Feb 2025
Allotment
17 Feb 2025
Refund initiation
18 Feb 2025
Demat transfer
18 Feb 2025
Listing
19 Feb 2025
About Company
Incorporated in 2019, Maxvolt Energy Industries Limited is engaged in the business of manufacturing 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.
Year Founded
09-05-2019
Promotor Details
Vishal Gupta
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 57.24 | 39.14 |
| Share Capital | 4867396 | 4267396 |
Offer to Public
21,48,800.00 Cr
Project Details
- Funding of capital expenditure requirements of our Company - 242.7cr
- General corporate purposes - 71.8cr
- Repayment or prepayment, in full or in part, of borrowings availed - 88.99cr
Objectives
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies.Funding of capital expenditure requirements of our Company towards purchase of Plant and Machineries.General corporate purposes.
Highlights
- Rigorous inspections ensure high-performance lithium-ion battery packs meet industry standards.
- A well-established presence across multiple states, supported by strong OEM partnerships.
- Industry expertise driven by knowledgeable promoters and directors.
- Offers batteries for electric vehicles (EVs), energy storage, and electronics.
- Utilizes cutting-edge machinery and efficient processes for optimized production.
Challenges
- Outstanding litigation may impact the company's business, reputation, and financial results.
- Natural calamities, climate change, and health epidemics could disrupt operations.
- Changes in regulations and tax policies may affect financial stability.
- Failure to maintain or improve brand image could reduce competitiveness.
- Reliance on key suppliers and logistics may create supply chain vulnerabilities.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 361.03 | 32.00 | 27.88 | 27.88 | 1.4521 |
| 2023 | 1,025.46 | 32.00 | 520.83 | 520.83 | 6.7084 |
| 2024 | 3,150.93 | 776.39 | 27.88 | 27.88 | 1.4521 |
