Maxvolt Energy Industries Limited is set to launch its Initial Public Offering (IPO) in 2025. Investors interested in the energy storage and electric vehicle (EV) battery sector can explore this opportunity. This article provides in-depth insights into Maxvolt Energy IPO details, including its issue size, price range, lot size, subscription process, and financial performance.
Maxvolt Energy IPO Overview
| IPO Aspects | Details |
|---|---|
| Bidding Dates | 12 Feb 2025 – 14 Feb 2025 |
| Price Range | ₹171 – ₹180 per share |
| Minimum Investment | ₹1,44,000 (1 Lot = 800 Shares) |
| Issue Size | ₹54.00 Crore |
| Retail Discount | To be announced |
| Listing Exchange | NSE SME |
| Lead Manager | Smart Horizon Capital Advisors Private Limited |
| Registrar | Bigshare Services Pvt Ltd |
Maxvolt Energy IPO Important Dates
| Event | Date |
| IPO Opening Date | 12 Feb 2025 |
| IPO Closing Date | 14 Feb 2025 |
| Basis of Allotment | 17 Feb 2025 |
| Initiation of Refunds | 18 Feb 2025 |
| IPO Listing Date | 19 Feb 2025 |
Maxvolt Energy IPO Lot Size & Investment Limits
| Investor Type | Minimum Lot | Shares | Investment Amount |
| Retail Investors | 1 Lot | 800 Shares | ₹1,44,000 |
| HNI Investors (Min.) | 2 Lots | 1,600 Shares | ₹2,88,000 |
Maxvolt Energy IPO Reservation
| Investor Category | Shares Offered |
| QIB (Qualified Institutional Buyers) | Not more than 50% of Net Offer |
| Retail Individual Investors (RII) | Not less than 35% of Net Offer |
| NII (Non-Institutional Investors) | Not less than 15% of Net Offer |
About Maxvolt Energy Industries Limited
Maxvolt Energy Industries Limited, established in 2019, specializes in manufacturing lithium-ion batteries for electric vehicles, energy storage, and electronic gadgets. The company operates under the brand name “MaxVolt Energy”, supplying to OEMs, dealers, and distributors. Their ISO 9001:2015-certified facility in Ghaziabad, Uttar Pradesh, spans 18,000 sq. ft. with a production capacity of 97.2 MWh.
Maxvolt Energy IPO Objectives
The net proceeds from the IPO will be allocated for:
- Debt repayment: To improve financial stability.
- Expansion & new machinery: Enhancing production capacity.
- General corporate purposes: Strengthening business operations.
Financial Performance of Maxvolt Energy
| Financial Metric | FY 2024 | FY 2023 | FY 2022 |
| Revenue (₹ Lakh) | 4,837.15 | 1,367.95 | 615.01 |
| Profit After Tax (₹ Lakh) | 520.83 | 27.88 | 1.42 |
| EPS (₹) | 7.07 | 1.33 | 0.07 |
| Debt/Equity Ratio | 0.51 | – | – |
| Return on Equity (ROE %) | 85.41 | 55.18 | 3.95 |
| Return on Capital Employed (ROCE %) | 39.46 | 17.69 | 5.92 |
Strengths & Risks of Maxvolt Energy IPO
Strengths
- ISO 9001:2015-certified lithium battery manufacturing ensures top quality.
- Expanding dealer network enhances sales reach.
- Experienced promoters drive business growth.
- Diverse lithium battery portfolio caters to evolving market needs.
- 97.2 MWh production capacity supports increasing demand.
Risks
- ₹425.47 lakh pending tax litigation cases.
- Criminal complaint against a director with unknown liabilities.
- Limited operating history (since 2019) raises concerns about long-term stability.
- Dependence on key customers could impact revenue if they withdraw.
- Single supplier dependence for raw materials poses risks.
How to Apply for Maxvolt Energy IPO Online?
Follow these steps to apply for the IPO via Stock broker:
- Login to Stock broker account: Open the Stock broker app or website.
- Locate the IPO Section: Navigate to ‘IPO’.
- Select Maxvolt Energy IPO: Click on the IPO from the list.
- Enter Lot Size: Specify the number of lots.
- Submit UPI ID: Link your payment method.
- Approve Funds: Accept the bid request in your UPI app.
How to Check Maxvolt Energy IPO Allotment Status?
- Login to Stock Broker App.
- Go to IPO Orders.
- Select Maxvolt Energy IPO.
- Check your allotment status.
Maxvolt Energy IPO Promoters & Shareholding
| Promoters | Pre-Issue Holding | Post-Issue Holding |
| Mr. Bhuvneshwar Pal Singh | 57.25% | 39.14% |
| Mr. Vishal Gupta | ||
| Mr. Sachin Gupta |
Conclusion
Maxvolt Energy IPO presents an opportunity for investors looking to enter the lithium-ion battery sector. With a strong financial performance, growing industry demand, and experienced leadership, the company is poised for expansion. However, investors should consider the risks associated with legal issues, dependency on key customers, and limited operational history before investing. Conduct thorough research and consult financial advisors before making an investment decision.
Official Website