MaxVolt Energy IPO Overview
MaxVolt Energy Industries Limited is launching its Initial Public Offering (IPO) on February 12, 2025, with the subscription closing on February 14, 2025. The IPO follows a Book Built Issue format, aiming to raise approximately ₹54.00 crores. The offering consists of a fresh issue (amount yet to be disclosed) and an offer for sale (OFS) of up to 6,00,000 equity shares, each with a face value of ₹10.
The IPO price band is ₹171 to ₹180 per share, with the allotment scheduled for February 17, 2025, and the listing date set for February 19, 2025, on the NSE SME platform.
MaxVolt Energy IPO Details
| IPO Details | Information |
|---|---|
| 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 |
| Total Issue Size | Approx. ₹54.00 crores |
| Fresh Issue | To be announced |
| Offer for Sale (OFS) | 6,00,000 equity shares |
| Issue Type | Book Built Issue |
| Listing Exchange | NSE SME |
| Retail Investor Quota | 35% |
| Qualified Institutional Buyers (QIB) Quota | 50% |
| Non-Institutional Investors (NII) Quota | 15% |
MaxVolt Energy IPO Market Lot Size
The minimum investment for retail investors is 800 shares, requiring a minimum application amount of ₹1,44,000.
| Investor Category | 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 Important Dates
| Event | Date |
|---|---|
| IPO Open Date | February 12, 2025 |
| IPO Close Date | February 14, 2025 |
| Basis of Allotment | February 17, 2025 |
| Refund Initiation | February 18, 2025 |
| Shares Credit to Demat | February 18, 2025 |
| Listing Date on NSE | February 19, 2025 |
Company Overview: MaxVolt Energy Industries Limited
Founded in 2019, MaxVolt Energy specializes in manufacturing lithium-ion batteries, primarily used in electric vehicles (EVs), including E-scooters, E-rickshaws, and E-cycles. The company has seen rapid growth, expanding its market presence across multiple states.
MaxVolt Energy operates from a 18,000-square-foot manufacturing facility in Ghaziabad, Uttar Pradesh, with a workforce of 97 employees.
MaxVolt Energy Financial Performance
The company has exhibited strong financial growth over the last three years:
| Year | Revenue (₹ Crores) | Expenses (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | ₹6.15 | ₹6.15 | ₹0.01 | ₹3.61 |
| 2023 | ₹13.68 | ₹13.61 | ₹0.28 | ₹10.25 |
| 2024 | ₹48.37 | ₹42.45 | ₹5.21 | ₹31.51 |
| Sep 2024 | ₹40.28 | ₹35.46 | ₹4.77 | ₹53.77 |
MaxVolt Energy IPO Valuation (FY2024)
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 85.41% |
| Return on Capital Employed (ROCE) | 39.46% |
| EBITDA Margin | 13.69% |
| Profit After Tax (PAT) Margin | 10.77% |
| Debt-to-Equity Ratio | 0.51 |
| Earnings Per Share (EPS) | ₹7.07 (Basic) |
| Return on Net Worth (RoNW) | 45.09% |
| Net Asset Value (NAV) per Share | ₹15.68 |
Peer Group Comparison
MaxVolt Energy competes with established players in the lithium battery and energy storage sector.
| Company | EPS (₹) | PE Ratio | RoNW (%) | NAV (₹) |
|---|---|---|---|---|
| Amara Raja Energy & Mobility Ltd. | 49.49 | 26.34 | 13.38 | 369.87 |
| Exide Industries Ltd. | 12.39 | 35.27 | 8.02 | 154.56 |
| High Energy Batteries (India) Ltd. | 19.14 | 32.24 | 19.56 | 97.84 |
| Servotech Power Systems Ltd. | 0.52 | 353.08 | 8.81 | 5.93 |
Objects of the IPO Issue
The proceeds from the IPO will be used for:
- Repayment of borrowings from banks and financial institutions.
- Capital expenditure for purchasing new plant and machinery.
- General corporate purposes.
MaxVolt Energy IPO Promoters
The company is promoted by:
- Mr. Bhuvneshwar Pal Singh
- Mr. Vishal Gupta
- Mr. Sachin Gupta
MaxVolt Energy IPO Registrar & Contact Details
Registrar: Bigshare Services Private Limited
- Phone: +91 22 6263 8200
- Email: ipo@bigshareonline.com
- Website: www.bigshareonline.com
Lead Manager: Smart Horizon Capital Advisory Private Limited
Company Contact Information:
- Address: E-82, Industrial Area, Bulandshahar Road, Ghaziabad, Uttar Pradesh-201009, India
- Phone: +91 9810406453
- Email: investorrelations@maxvoltenergy.com
- Website: www.maxvoltenergy.com
FAQs about MaxVolt Energy IPO
1. What is MaxVolt Energy IPO?
MaxVolt Energy IPO is an SME IPO on the NSE SME platform, aiming to raise ₹54.00 crores at a price band of ₹171 to ₹180 per share.
2. When does MaxVolt Energy IPO open and close?
The IPO opens on February 12, 2025, and closes on February 14, 2025.
3. What is the investor allocation for the MaxVolt Energy IPO?
- Retail Investors: 35%
- QIB (Qualified Institutional Buyers): 50%
- NII (Non-Institutional Investors): 15%
4. How can investors apply for the MaxVolt Energy IPO?
Investors can apply via ASBA (Application Supported by Blocked Amount) online through their bank account or UPI via stock brokers. Offline applications can also be made through brokers.
5. When will MaxVolt Energy IPO be listed?
The IPO will be listed on NSE SME on February 19, 2025.
Conclusion
MaxVolt Energy IPO provides an excellent opportunity for investors to be part of a high-growth lithium battery sector. With strong financial performance, a robust expansion strategy, and increasing demand for electric vehicle batteries, MaxVolt Energy has the potential for long-term growth.
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