Maxvolt Energy Industries Limited (NSE SME)
Feb 12, 2025 - Feb 14, 2025
| Price | ₹171 - ₹180 |
| Premium | ₹0 |
|---|---|
| Lot size | 800 |
| Allotment | Feb 17, 2025 |
| Listing | Feb 19, 2025 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 800 | 144000 | 1250 |
| HNI | 2 | 1600 | 288000 | 535 |
Last updated on 14-Feb-2025 17:00:18
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 568800 | 3847200 | 6.76 |
| NIB | 428000 | 772800 | 1.81 |
| RETAIL | 1000000 | 1972800 | 1.97 |
| Total | 1996800 | 6592800 | 3.3 |
| Application Wise Breakup | |
|---|---|
| Category | App. Received |
| QIB | 6 |
| NIB | 177 |
| RETAIL | 2466 |
| Total | 2649 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 10.24 | 69.25 | 6.76 |
| NIB | 7.7 | 13.91 | 1.81 |
| RETAIL | 18 | 35.51 | 1.97 |
| Total | 35.94 | 118.67 | 3.3 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹1.6 | @8% ₹1.9 | @9% ₹2.1 | @10% ₹2.3 | @11% ₹2.6 | @12% ₹2.8 |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.4 | @8% ₹0.5 | @9% ₹0.6 | @10% ₹0.6 | @11% ₹0.7 | @12% ₹0.7 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.33% | 1000000 |
| NII (HNI) | 14.27% | 428000 |
| Anchor | 28.37% | 851200 |
| QIB | 18.96% | 568800 |
| Market Maker | 5.07% | 152000 |
| Total | 100.00% | 3000000 |
IPO Details
| Issue Size | Up to 30,00,000 equity shares aggregating up to ₹54.00 crores. |
| Fresh Issue | Up to 24,00,000 equity shares aggregating up to ₹43.20 crores |
| Offer For Sale | Up to 6,00,000 equity shares aggregating up to ₹10.80 crores. |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 85,03,928 Equity Shares |
| Share holding pre issue | 1,09,03,928 shares |
| Market Maker's Portion | 1,52,000 shares |
| Market Maker | Rikhav Securities |
Key Performance Indicators
| KPI | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 26.88% | 85.41% | 55.18% |
| ROCE | 20.74% | 39.46% | 17.69% |
| D/E | 0.21 | 0.51 | 4.52 |
| RONW | 19.92 | 45.09 | 43.25 |
| EPS (basic) | 5.76 | 7.07 | 1.33 |
| P/E Pre IPO | 29.39 | ||
| P/E Post IPO | 20.57 |
Financial Details In Crores
| Period Ended | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| 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 |
About Company
Incorporated in 2019, Maxvolt Energy Industries Limited is engaged in the manufacturing of lithium-ion batteries for electric vehicles, energy storage systems, and electronic gadgets, selling its products through dealers, distributors, and OEMs under the "MaxVolt Energy" brand. The company specializes in customized battery packs, graphene battery packs, and chargers under its own brand. It operates a state-of-the-art manufacturing facility equipped with advanced machinery, strict safety measures, and dedicated testing labs to ensure quality control from raw material procurement to final product dispatch. Maxvolt follows a dual business model, manufacturing a wide range of lithium-ion battery packs with customizable specifications while also outsourcing lead batteries and chargers from third-party manufacturers based on its design and requirements. Its diverse product portfolio includes batteries for e-scooters, e-bikes, e-rickshaws, energy storage solutions, and electronic devices, along with lithium and lead battery chargers. With service centers in five states, the company provides after-sales support to its dealers and distributors. As of September 30, 2024, Maxvolt Energy Industries Limited employs 97 personnel.
Smart Horizon Capital Advisors Private Limited
Strong Manufacturing Capabilities – ISO 9001:2015 certified facility with a well-established production line.
Diversified Product Portfolio – Offers battery solutions for multiple applications, including EVs and industrial use.
Established Market Presence – Wide dealer and distributor network with service centers in multiple states.
Dependence on Suppliers – Heavily reliant on raw material suppliers for battery components.
Regulatory Compliance – Subject to evolving government policies on battery technology and safety.
Working Capital Requirements – High working capital needs may affect cash flow management.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html