Maxvolt Energy IPO open date is from February 12, 2025 to February 14, 2025. This new IPO is a book-built issue of 30,00,000 equity shares worth up to Rs 54 crores. This upcoming IPO is offering a combination of fresh issues and offers for sale. The fresh issue of up to 24,00,000 equity shares amounting to Rs 43.20 crore, and offers for sale of up to 6,00,000 equity shares amounting to Rs 10.80 crore.
Maxvolt Energy IPO price band is Rs 171 to Rs 180 per share. As of now, Maxvolt Energy IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.
Maxvolt Energy IPO lot size is 800 shares, and the allotment status will be finalised on Monday, February 17, 2025, the minimum investment for retail investors is 1 lot, which is Rs 1,44,000. The registrar for Maxvolt Energy IPO is Bigshare Services Private Limited. The listing date is Wednesday, February 19, 2025.
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Maxvolt Energy IPO GMP Live
Maxvolt Energy IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 180 per share. You can check the latest IPO Grey Market Premium today online.
If the subscription is oversubscribed, then Maxvolt Energy IPO GMP might rise in the coming days. Maxvolt Energy IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 10% to 15% or above, then the possibility of the oversubscription increases.
However, if the Live IPO GMP quotes are below 10% premium, then most investors tend to lose interest in applying for the IPO and the probability of the under-subscription increases. Here, in the Maxvolt Energy IPO, GMP is expected to quote the initial ticks at a premium of 10% or above.
Maxvolt Energy IPO Price Band
Maxvolt Energy IPO price band is Rs 171 to Rs 180 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (180 x 800 shares). However, for the HNI category, the minimum investment amount required is 2,88,000 (180 x 1600 shares).
Maxvolt Energy Allotment Status
Maxvolt Energy IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Monday, February 17, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
Maxvolt Energy Listing Date
Maxvolt Energy IPO listing date has been decided on Wednesday, February 19, 2025. The Listing will be on the NSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.
Maxvolt Energy IPO: Listing Date, Lot Size, Issue Size, Price Band
IPO Date |
February 12, 2025 to February 14, 2025 |
Listing Date |
Wednesday, February 19, 2025 |
Face Value |
Rs 10 per share |
Price Band |
Rs 171 to Rs 180 per share |
Lot Size |
800 Shares |
Total Issue Size |
30,00,000 shares |
Fresh Issue |
24,00,000 shares |
Offer for Sale |
6,00,000 shares of Rs 10 |
Issue Type |
Book Built Issue IPO |
Listing At |
NSE SME |
Share Holding Pre Issue |
85,03,928 shares |
Share Holding Post Issue |
1,09,03,928 shares |
Market Maker Portion |
1,52,000 shares |
Maxvolt Energy IPO: About the Company
Maxvolt Energy Industries Ltd, established in 2019, is a leading Indian manufacturer and supplier of lithium battery packs for electric vehicles, energy storage systems, and medical device batteries. The company is committed to innovation and quality, ensuring its lithium battery packs meet the highest standards for reliable and efficient power solutions.
Maxvolt Energy invests in research and development to stay at the forefront of lithium battery technology, delivering sustainable and high-performance power solutions. Their expertise extends to designing, manufacturing, and installing solar power systems. Maxvolt Energy aims to develop globally compliant and technologically advanced lithium architecture for various sectors, including electric bikes, electric scooters, and solar energy.
Maxvolt Energy IPO Objectives
Maxvolt Energy IPO objectives include utilising the funding received from the fresh issue into Repayment/prepayment, in full or part, of borrowings availed by the Company from banks, financial institutions and NBFC, funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries and to meet general corporate purposes.
Maxvolt Energy IPO: Key Dates, Allotment, Listing Date
IPO Open Date |
Wednesday, February 12, 2025 |
IPO Close Date |
Friday, February 14, 2025 |
Basis of Allotment |
Monday, February 17, 2025 |
Initiation of Refunds |
Tuesday, February 18, 2025 |
Credit of Shares to Demat |
Tuesday, February 18, 2025 |
Listing Date |
Wednesday, February 19, 2025 |
Cut-off time for UPI mandate confirmation |
5 PM on February 14, 2025 |
Maxvolt Energy IPO Subscription status, IPO Reservation
Maxvolt Energy IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.
Maxvolt Energy IPO Lot Size Details
Maxvolt Energy IPO lot size is set at 800 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (180 x 800 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (180 x 1600 shares).
Maxvolt Energy IPO Promoter Holdings
Maxvolt Energy IPO promoter are Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta. The promoter's combined shareholdings before the IPO was 57.25%; however, post-IPO, their shareholdings will decline to 39.14%.
Maxvolt Energy Limited Financials (Amt in Rs Cr)
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 |
Lead Manager and Registrar of Maxvolt Energy IPO
Maxvolt Energy's lead manager is Smart Horizon Capital Advisors Private Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.
How to apply to the Maxvolt Energy IPO
Interested investors who want to apply to the Maxvolt Energy IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.
Maxvolt Energy IPO FAQs
1. What are the core details available of the Maxvolt Energy IPO?
Maxvolt Energy IPO is a book-built issue worth up to Rs 54 crores. The price band for this IPO is Rs 171 to Rs 180 per share. This upcoming IPO is offering a combination of a fresh issue of up to 24 lakh equity shares and an offer for sale of up to 6 lakh equity shares.
2. What is the Maxvolt Energy IPO open date and close date?
Maxvolt Energy IPO subscription opens on Wednesday, February 12, 2025, and closes on Friday, February 14, 2025.
3. What is Maxvolt Energy IPO GMP Live?
Maxvolt Energy IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 180 per share. You can check the latest IPO Grey Market Premium today online.
4. How do you check the IPO Allotment status?
Maxvolt Energy IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.
5. Who are the registrar and lead managers of Maxvolt Energy IPO?
Maxvolt Energy's IPO lead manager is Smart Horizon Capital Advisors Private Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.
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