MaxVolt Energy Limited
CLOSEDIPO Date: 12 Feb - 14 Feb 2025
Listing Date: 19 Feb 2025
Price Range
₹171 – ₹180
Issue Size
54 Cr
Min Investment
₹1,36,800
Lot Size
800 Shares
Schedule of MaxVolt Energy Limited
Issue open date
12 Feb 2025
Issue close date
14 Feb 2025
UPI mandate deadline
14 Feb 2025 (5 PM)
Allotment finalization
17 Feb 2025
Share credit
18 Feb 2025
Listing date
19 Feb 2025
Mandate end date
1 Mar 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 54 Cr |
| Fresh Issue | 43.2 Cr |
| Offer for Sale | 10.8 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 17 Feb 2025 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 13 Feb 2025 | ₹180 | ₹6 | ₹186 (3.33%) |
| 12 Feb 2025 | ₹180 | ₹0 | ₹180 (0%) |
| 11 Feb 2025 | ₹180 | ₹0 | ₹180 (0%) |
| 10 Feb 2025 | ₹180 | ₹0 | ₹180 (0%) |
Performance MaxVolt Energy Limited
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹171 – ₹180 | .... | .... | .... |
About MaxVolt Energy Limited
Established in 2019, MaxVolt Energy manufactures lithium-ion batteries in various ranges, supplied through authorized dealers, distributors, and OEMs. These batteries are widely used in electric vehicles (E-scooters, E-rickshaws, E-cycles), energy storage systems, and electronic gadgets. Customized battery packs are also produced to meet industry-specific requirements. In addition to manufacturing, the company supplies graphene battery packs and battery chargers under its own brand. Some dealers and distributors also function as service centers. As of September 30, 2024, service centers operate in Uttar Pradesh, Delhi, Bihar, Madhya Pradesh, and Gujarat, providing support for battery-related issues.
| Founded in | 2019 |
| Managing director | Mr. Bhuvneshwar Pal Singh |
| Parent organization | MaxVolt Energy Ltd |
Financial Overview
Strengths
- Rigorous inspections ensure quality assurance for high-performance lithium-ion battery packs.
- A strong dealership network spans multiple states with OEM partnerships.
- Experienced leadership from promoters and directors enhances industry expertise.
- A diverse product portfolio includes batteries for EVs, storage, and electronics.
- In-house manufacturing utilizes advanced machinery and efficient processes.
- Effective resource optimization ensures efficient utilization of materials and operations.
- Customized battery packs are designed to meet various industrial applications.
Risks
- Outstanding litigation may impact business, reputation, and financial results.
- Natural calamities, climate change, and health epidemics may disrupt operations.
- Regulatory changes and tax uncertainties could affect financial stability.
- Failure to maintain or improve brand image may reduce competitiveness.
- Economic slowdown in India may negatively impact business growth.
- Dependence on key suppliers and logistics may affect supply chain.
- Fluctuations in global economic conditions could impact business performance.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.03 |
| Non-Institutional Investors (NIIs) | 0.39 |
| Retail Individual Investors (RIIs) | 0.23 |
| Employee | N/A |
| Total | 0.49 |