MaxVolt Energy IPO description – Established in 2019, MaxVolt Energy Industries is primarily engaged in manufacturing lithium-ion batteries across a wide range, distributed through a diversified sales and distribution network, including authorized dealers, distributors, and OEMs. Marketed under the brand name “MaxVolt Energy,” these batteries are widely utilized in Electric Vehicles (such as E-Scooters, E-Rickshaws, and E-Cycles), Energy Storage systems, and Electronic Gadgets.
In addition to manufacturing, the company supplies Graphene Battery Packs and Battery Chargers, which are designed and developed under its brand name. As of 30 September 2024, MaxVolt Energy has service centers in the states of Uttar Pradesh, Delhi, Bihar, Madhya Pradesh, and Gujarat. The company’s manufacturing unit is located in Ghaziabad, Uttar Pradesh, covering an area of 18,000 square feet, with a combined installed production capacity of 97.2 MWh of batteries as of 30 September 2024.
As of 30 September 2024, the company has employed 97 personnel, including workers, at its manufacturing facilities and registered office.
Promoters of MaxVolt Energy Industries – Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta
Table of Contents
MaxVolt Energy Industries IPO Details
| MaxVolt Energy IPO Dates | 12 – 14 February 2025 |
| MaxVolt Energy Issue Price | INR 171 – 180 per share |
| Fresh issue | 24,00,000 shares (INR 41.04 – 43.20 crore) |
| Offer For Sale | 6,00,000 shares (INR 10.26 – 10.80 crore) |
| Total IPO size | 30,00,000 shares (INR 51.30 – 54 crore) |
| Minimum bid (lot size) | 800 shares (INR 1,44,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
MaxVolt Energy Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 6.15 | 13.68 | 48.37 | 40.28 |
| Expenses | 6.15 | 13.61 | 42.45 | 35.46 |
| Net income | 0.01 | 0.28 | 5.21 | 4.77 |
MaxVolt Energy Offer News
- MaxVolt Energy RHP
- MaxVolt Energy Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
MaxVolt Energy Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.07 | 1.33 | 7.07 |
| PE ratio | – | – | 24.19 – 25.46 |
| RONW (%) | 3.87 | 43.25 | 45.09 |
| NAV | 1.75 | 3.08 | 15.68 |
| ROCE (%) | 5.92 | 17.69 | 39.46 |
| EBITDA (%) | 2.61 | 3.99 | 13.69 |
| Debt/Equity | 6.35 | 4.52 | 0.51 |
MaxVolt Energy IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 18 February 2025 | 6 | – | 3,600 |
| 17 February 2025 | 6 | – | 3,600 |
| 15 February 2025 | 6 | – | 3,600 |
| 14 February 2025 | 10 | – | 11,000 |
| 13 February 2025 | 12 | – | 15,000 |
| 12 February 2025 | 15 | – | 18,000 |
| 11 February 2025 | 20 | – | 23,000 |
| 10 February 2025 | 22 | – | 26,000 |
MaxVolt Energy IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 5,68,800 | 4,28,000 | 10,00,000 | 19,96,800 |
| 14 Feb 2025 | 6.76 | 1.81 | 1.97 | 3.30 |
| 13 Feb 2025 | 4.48 | 0.50 | 0.81 | 1.79 |
| 12 Feb 2025 | 1.03 | 0.19 | 0.36 | 0.58 |
The market maker reservation portion of 1,52,000 shares and anchor investor portion of 8,51,200 shares are not included in the above calculations.
MaxVolt Energy IPO Allotment Status
MaxVolt Energy IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
MaxVolt Energy IPO Dates & Listing Performance
| IPO Opening Date | 12 February 2025 |
| IPO Closing Date | 14 February 2025 |
| Finalization of Basis of Allotment | 17 February 2025 |
| Initiation of refunds | 18 February 2025 |
| Transfer of shares to demat accounts | 18 February 2025 |
| IPO Listing Date | 19 February 2025 |
| Opening Price on NSE SME | INR 180 per share (no change) |
| Closing Price on NSE SME | INR 180.9 per share (up 0.50%) |
MaxVolt Energy Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space,
Behind the metro mall, Off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066
Phone: +022-28706822
Email: director@shcapl.com
Website: www.shcapl.com
MaxVolt Energy Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
MaxVolt Energy Contact Details
MAXVOLT ENERGY INDUSTRIES LIMITED
E- 82, Industrial Area, Bulandshahar Road, Ghaziabad,
Uttar Pradesh Uttar Pradesh-201009, India
Phone: +91 9810406453
E-mail: investorrelations@maxvoltenergy.com
Website: www.maxvoltenergy.com
IPO FAQs
What is the MaxVolt Energy offer size?
MaxVolt Energy offer size is INR 51.30 – 54 crores.
What is the MaxVolt Energy offer price band?
MaxVolt Energy public offer price is INR 171 – 180 per share.
What is the lot size of the MaxVolt Energy IPO?
MaxVolt Energy offer lot size is 800 shares.
What is MaxVolt Energy IPO GMP today?
MaxVolt Energy IPO GMP today is INR 6 per share.
What is the MaxVolt Energy kostak rate today?
MaxVolt Energy kostak rate today is INR NA per application.
What is MaxVolt Energy IPO Subject to Sauda rate today?
MaxVolt Energy Subject to Sauda rate today is INR 3,600 per application.