Maxvolt Energy IPO Details
The key details of Maxvolt Energy Industries’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹54.00 Cr |
| Price Range | ₹171 - ₹180 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 800 |
| Investment (cut-off price) | ₹1,44,000 |
| Pre IPO Promotor Holding | 57.25% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Maxvolt Energy IPO Timelines
The IPO process for Maxvolt Energy Industries includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
12/02/2025
Start Date14/02/2025
End Date18/02/2025
Refund Initiation18/02/2025
Credit of Shares to Demat Ac19/02/2025
Listing DateMaxvolt Energy IPO Lot Size
The Maxvolt Energy Industries IPO has a fixed lot size of 800 shares, at an upper price band of ₹180 per share, requiring ₹144,000 per lot for retail investors. For HNI investors, the minimum application is 1,600 shares (2 lots) amounting to ₹288,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 800 | ₹1,44,000 |
| Retail Maximum | 1 | 800 | ₹1,44,000 |
| HNI Minimum | 2 | 1600 | ₹2,88,000 |
Maxvolt Energy IPO Subscription Status
The subscription status for Maxvolt Energy Industries IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 6.76x | 1.45x | 1.97x | -- | 3.23x |
IPO Performance on Listing Day
On the listing day (February 19, 2025), Maxvolt Energy made a flat debut on the stock exchange. The stock opened at ₹180, at par with its issue price. During the trading session, while touching a high of ₹182.05, the stock also tested lower levels at ₹171. The shares closed their first trading day at ₹180.90, securing a marginal gain of 0.5% over the issue price, indicating a cautious market response to this energy sector player.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹180.00 | ₹180.90 | ₹182.05 | ₹171.00 |
Maxvolt Energy IPO Company Financials
Maxvolt Energy Industries reports robust performance in FY2024 with Total Income of ₹48.37 crores, managing expenses at ₹42.45 crores, and achieving a strong PAT (Profit After Tax) of ₹5.21 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹6.15 | ₹6.15 | ₹0.01 |
| FY 2023 | ₹13.68 | ₹13.61 | ₹0.28 |
| FY 2024 | ₹48.37 | ₹42.45 | ₹5.21 |
| FY 2025 (6 M) | ₹40.28 | ₹35.46 | ₹4.77 |
About Company
Maxvolt Energy Industries Limited, established in 2019, specializes in the manufacturing of lithium-ion batteries for various sectors, including electric vehicles, energy storage, and electronics. Operating under the “MaxVolt Energy” brand, the company produces a diverse range of battery packs, including customized and Graphene battery packs, along with chargers. These products are distributed through dealers, distributors, and OEMs. Maxvolt’s service network includes centers in five states, offering dealer and distributor support for battery-related issues. The company’s manufacturing facility is equipped with advanced machinery, safety features, and testing labs to maintain stringent quality control at every stage, from raw material procurement to product dispatch.
Maxvolt’s business model revolves around both manufacturing and outsourcing. The company offers a variety of lithium-ion battery packs, customizable by capacity, watt-hours, dimensions, and weight to meet different customer needs. Additionally, the company outsources certain components, such as lead batteries and chargers, which are designed by Maxvolt but manufactured by third-party suppliers. This dual approach allows the company to provide a wide range of products while ensuring quality and meeting specific market demands.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Electricals | Bhuvneshwar Pal Singh |
Know Before Investing
Maxvolt Energy IPO Strengths
- Maxvolt Energy has quickly emerged as a leader in lithium battery technology, offering innovative and high-quality energy solutions.
- The company’s relentless focus on innovation has placed it at the forefront of the rapidly evolving energy storage and electric mobility sectors.
- Maxvolt recently raised INR 125 million in funding from multiple angel investors, allowing the company to advance its technology further, including the development of fast-charging lithium-ion batteries.
- The company has experienced high revenue growth, with over 106% revenue growth in Q2 FY 2024-25.
- Maxvolt Energy Industries currently manufacture a variety of batteries and have combined capacity to manufacture up to 97.2 MWh batteries as of September 30.
- The company specializes in manufacturing and supplying lithium battery packs for Electric Vehicles (EVs), Energy Storage Systems, and Medical Device Batteries.
Maxvolt Energy IPO Risks
- The lithium-ion battery manufacturing industry is competitive, which may affect Maxvolt’s ability to maintain its market position.
- A downturn in demand for lithium-ion batteries could adversely affect the company’s revenue and profitability.
- Volatility in raw material prices could impact production costs and squeeze profit margins.
- Effective management of working capital is crucial, and any shortfall could hinder operational efficiency.
- Adherence to environmental and safety regulations is essential, and non-compliance could lead to penalties and operational disruptions.
- Rapid technological changes in the battery industry could make existing products obsolete.
- As a company established in 2019, Maxvolt has a relatively limited operating history, which could make it difficult to assess long-term performance.
Swot Analysis for Maxvolt Energy IPO
Strengths
Leading lithium battery manufacturer, Caters to EV sector, Innovative solutions
Weaknesses
Limited operating history, Financial data unavailable, Prototype charger ready
Opportunities
EV market growth, Energy storage demand, Expanding retail network
Threats
Intense competition in battery tech, Fluctuating raw material prices, Regulatory changes
Company Details
Maxvolt Energy Industries Limited
F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, East Delhi, New Delhi-110092
Phone: 91 98188 89835
Email: bhuvneshwar@maxvoltenergy.com
Website: http://www.maxvoltenergy.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Maxvolt Energy IPO are:
- Repayment or prepayment, in full or in part, of borrowings availed by the company from banks, financial institutions and non-banking financial companies
- Funding of capital expenditure requirements of the company towards purchase of Plant and Machineries and
- General Corporate Purposes
Bigshare Services Private Limited is the book-running lead managers for the Maxvolt Energy IPO.