Maxvolt Energy specializes in the production of lithium-ion batteries under its brand name, Max Volt Energy. These batteries are designed for use in Electric Vehicles (EVs), Energy Storage systems, and electronic gadgets. The company also offers customized battery solutions and supplies Graphene Batteries, battery chargers, and related products. The company distributes its products through a network of dealers, distributors, and Original Equipment Manufacturers (OEMs).
Maxvolt Energy operates a manufacturing facility in Ghaziabad, Uttar Pradesh, spanning 18,000 square feet. This facility has a combined production capacity of up to 97.2 MWh of batteries. Additionally, the company has established service centers in Uttar Pradesh, Delhi, Madhya Pradesh, Bihar, and Gujarat.
MaxVolt Energy IPO open date is February 12, 2025 and the IPO will close on February 14, 2025. MaxVolt Energy IPO price band is ₹171 to ₹180 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%.
MaxVolt Energy IPO to list on NSE on February 19, 2025. The allotment of MaxVolt Energy IPO date is February 17, 2025. The company reported revenue of ₹48.79 crores in 2024 against ₹13.92 crore in 2023. The company reported profit of ₹5.21 crores in 2024 against profit of ₹0.28 crores in 2023.
MaxVolt Energy IPO 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 |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
MaxVolt Energy IPO Timeline
| 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 SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹171.00-180.00 |
| Market Lot: | 800 Shares |
| 1 Lot Amount: | ₹1,44,000 |
| Min Small HNI Lots(2-10 Lakh): | 1600 shares (2 lots) – ₹2,88,000 |
| Min Big HNI Lots(10+ Lakh): | 5600 shares (7 lots) – ₹10,08,000 |
MaxVolt Energy Industries Limited: A Deep Dive into Financials
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 53.77 | 31.51 | 10.25 | 3.61 |
| Revenue | 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 |
| Reserves and Surplus | 15.44 | 3.79 | 0.32 | 0.05 |
| Total Borrowing | 4.97 | 5.89 | 2.92 | 2.33 |
