| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹54.00 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹54.00 Cr |
| Fresh Issue | ₹40.46 Cr |
| Offer for Sale | ₹10.80 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน171.00-180.00 per share |
| Discount | Retail: 0.00,Employee: 0.00,ShareHolder: 0.00 |
| NSE Code | MAXVOLT |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Smart Horizon Capital Advisors... |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 800 shares and in multiples thereof
Incorporated in 2019, Maxvolt Energy Industries Limited is engaged in the business of manufacturing of lithium-ion batteries.
The company manufactures lithium-ion batteries for electric vehicles, energy storage, and electronics, sold through dealers, distributors, and OEMs under the "MaxVolt Energy" brand.
The company manufactures customized battery packs, supplies Graphene battery packs, and chargers under its own brand name.
As of September 30, 2024, the company has service centers in five states, providing support to dealers and distributors for battery issues.
The company’s manufacturing facility has advanced machinery, safety measures, and testing labs. It ensures quality control from raw material procurement to final product testing, packaging, and dispatch.
Business Model:
Products:
As on September 30, 2024, the company has employed 97 personnel.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of borrowings availed by Company from banks, financial institutions and non-banking financial companies | 8.90 |
| 2 | Funding of capital expenditure requirements of Company towards purchase of Plant and Machineries | 24.27 |
| 3 | General Corporate Purposes | 7.18 |
| 4 | Issue expenses | 3.56 |
| Total | 43.91 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 53.77 | 31.51 | 10.25 | 3.61 |
| Total Income | 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 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 85.41% |
| ROCE | 39.46% |
| Debt / Equity | 0.51% |
| RoNW | 45.09% |
| PAT Margin | 10.77% |
| Price to Book Value | 11.48 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 6.12 | 8.75 |
| P/E (x) | 29.39 | 20.57 |
| Promoter Holding | 57.25% | 39.14% |
| Market Cap | โน196.27 Cr. | |
| # | Issue Expenses | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager(s) fees including underwriting commission | 3.10 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrar to the Offer | 0.02 |
| 4 | Legal Advisors | 0.03 |
| 5 | Advertising and marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.04 |
| 7 | Printing and distribution of offer stationary | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.33 |