MAKS Energy IPO description – The company’s business operations include (i) Trading, assembly and selling of diesel generator sets and ancillary products and (ii) Distribution of commercial vehicle spare parts.
In its main business, the company purchases Diesel Engines, Alternators and other parts from its suppliers and assembles and sells these Diesel Generator sets and the spare parts in domestic and export markets. Its assembling facility is located at S.No. 13/6/1/3, Yeolewadi, Kondhwa – Saswad Road, Kondhwa, Pune – 411 048, Maharashtra and at GAT No 59/1, Amane Engineers, Tal Khed, Waki Bk, Waki BK, Pune, Maharashtra, 410501.
The Company is carrying out trading business into the following key products:
a) Diesel Engine
b) Diesel Generating Set Spare Parts
c) Tata Spare Parts
d) Ancillary Products
e) Commercial Vehicle Spare Parts.
f) Alternator
g) MS Plat
h) TMT Bars
Maks Energy Solutions India domestically sold DG Sets in Maharashtra, Delhi, Karnataka, Telangana, Punjab and Jharkhand. And exports generator sets to countries in the Middle East, South-East Asia and some parts of Africa.
Promoters of Maks Energy Solutions India Limited – Mr. Sourabh Mahendra Shaw
MAKS Energy IPO Details
| Subscription Dates | 16 – 20 September 2022 |
| Price Band | INR 20 per share |
| Fresh issue | 19,98,000 shares (INR 4.0 crore) |
| Offer For Sale | NIL |
| Total IPO size | 19,98,000 shares (INR 4.0 crore) |
| Minimum bid (lot size) | 6,000Â share (INR1,20,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE EMERGE |
MAKS Energy Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 4,217.18 | 2,070.95 | 2,553.76 |
| Expenses | 4,110.12 | 2,090.76 | 2,629.60 |
| Net income | 169.13 | (32.89) | (107.07) |
MAKS Energy Offer News
MAKS Energy Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.45 | (0.67) | (2.17) |
| PE ratio | – | – | – |
| RONW (%) | (9.34) | (2.62) | 13.15 |
| NAV | 26.06 | 25.39 | 23.22 |
| Debt/Equity ratio | 2.29 | 2.28 | 2.13 |
| ROCE (%) | 34.8 | 16.96 | 29.07 |
MAKS Energy IPO GMP Daily Trend
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 27 Sep 2022 | – | – | 22,000 |
| 26 Sep 2022 | – | – | 22,000 |
| 24 Sep 2022 | – | – | 20,000 |
| 23 Sep 2022 | – | – | 18,000 |
| 22 Sep 2022 | – | – | 15,000 |
| 21 Sep 2022 | – | – | 15,000 |
MAKS Energy IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 9,99,000 | 9,99,000 | 19,98,000 |
| Day 1 | 0.07 | 0.56 | 0.31 |
| Day 2 | 1.78 | 2.49 | 2.13 |
| Day 3 | 34.35 | 15.59 | 24.97 |
MAKS Energy IPO Lead Manager
SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED
302, 3rd Floor, Kumar Plaza
Near Kalina Market, Kalina Kurla Road
Santcruz East, Mumbai- 400029
Maharashtra, India
Phone:Â +91 22 6178 6000
Email:Â [email protected]
Website:Â www.suncapitalservices.co.in
MAKS Energy Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200
E-mail:Â [email protected]
Website:Â www.bigshareonline.com
MAKS Energy IPO Contact Details
MAKS ENERGY SOLUTIONS INDIA LIMITED
Showroom-1, 599/600 Rasta Peth,
Shubham Society, Near – Parsi Agyari,
Pune – 411011, Maharashtra, India
Phone: +91 83790 69555
E-mail:Â [email protected]
Website:Â www.maksgenerators.com
MAKS Energy IPO Allotment Status
MAKS Energy IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.
MAKS Energy IPO Timetable
| IPO Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Finalisation of Basis of Allotment | 23 September 2022 |
| Initiation of refunds | 26 September 2022 |
| Transfer of shares to demat accounts | 26 September 2022 |
| Listing Date | 28 September 2022 |
| Opening Price on NSE Emerge | INR 20 per share (no change) |
| Closing Price on NSE Emerge | Coming soon |
MAKS Energy IPO FAQs
What is MAKS Energy offer size?
MAKS Energy offer size is INR 4.0 crore.
What is MAKS Energy IPO Price Band?
MAKS Energy public offer price is INR 20 per share.
What is the lot size of MAKS Energy IPO?
MAKS Energy offer lot size is 6,000 shares.
What is MAKS Energy IPO GMP today?
MAKS Energy IPO GMP today is NA per share.
What is MAKS Energy kostak rate today?
MAKS Energy kostak rate today is NA per application.
What is MAKS Energy Subject to Sauda rate today?
MAKS Energy Subject to Sauda rate today is INR22,000 per application.
