Maxvolt Energy Industries IPO GMP : Maxvolt Energy Industries IPO GMP is Open on 12 Feb 2025 and Close on 14 Feb 2025. Maxvolt Energy Industries IPO to Raise 2,880,000 shares (Approx ₹31.10 Cr) via IPO. The Fresh issue of 2,880,000 shares (Approx ₹31.10 Cr).
Our Business
Our Company was originally incorporated on May 09, 2019 our Company is primarily engaged in the business of manufacturing of lithium-ion batteriesof various range supplied through a diversified sales & distribution mix viz.
Our Products Detial
- E-Cycle Lithium Battery
- E-Scooter/Bike Lithium Battery
- E-Rickshaw Lithium Battery
- Lithium Battery Energy Storage Solutions
- Lithium Battery for Solar Application
- Customized Battery Solution
- Graphene Battery
Authorised dealers and distributors and OEMs under our brand name of “MaxVolt Energy” widely used in Electric Vehicles (i.e., E-Scooter, E- Rickshaw, ECycle), Energy Storage and Electronics Gadgets etc.
- Electric Vehicle
- Portable Lighting
- Solar Energy Storage
- Consumer Electronics
We also manufacture customised batteries packs as per the requirement of manufacturers of different industries.
In addition to manufacturing, we are supplier of Graphene Battery packs and Battery Chargers designed and developed by us in our own brand name.
We designate some of dealers and distributors as service centres.
As on September 30, 2024, we have services centre in the states Uttar Pradesh, Delhi, Bihar, Madhya Pradesh and Gujarat across, dealers and distributors have access to these service network to resolve the defects in the batteries.
These service centers help us to provide fast and hassle-free service to our dealers and end customers.
Our Company is an ISO 9001:2015 certified. Our Manufacturing unit situated at E- 82, Industrial Area, Bulandshar Road, Ghaziabad, Uttar Pradesh spread across in 18,000 square feet.
Our manufacturing Unit is strategically located in the central part with availability of all modes of transportation and facilitates convenient transportation of our products, sourcing of raw materials and easy access to customers.
Our registered office is located at F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, New Delhi.
Our manufacturing facility is equipped with requisite infrastructure including machinery, other handling equipment to facilitate smooth manufacturing process and easy logistics.
Scalable business model and favourable national policy support
The Government of India has recognized the Renewable energy and power sector as one of the crucial and key components of growth for the Indian Economy.
India’s energy and power sector has a huge untapped potential for investment. To seize the opportunities presented by India’s rapidly growing energy and power sector, we have crafted a robust business strategy that is closely aligned with the key initiatives outlined by the government.
The Scheme/Policies which are proposed by the government in favour of Renewable Energy System are as follows : –
Net Zero Carbon Emission :- With the aim to achieve “Net Zero Carbon Emission” by 2070, as announced by Honable Prime Minister Shri Narendra Modi (Source: https://www.ibef.org/industry/renewable-energy ),
we prioritize sustainable practices and clean energy solutions in our operations. By investing in green technologies and reducing carbon footprint,
we contribute to this national goal while enhancing our brand reputation.
PM Suryoday Yojna (PM Surya Ghar Muft Bijli Yojna) :- scheme providing free electricity to rural households through solar power, contributing to rural electrification and sustainable development. (Source: https://www.myscheme.gov.in/schemes/pmsgmb ).
Jal Jeevan Mission :- Aimed at providing clean drinking water to all rural households, promoting water sustainability and improving quality of life. Jal Jeevan Mission promotes solar-based water supply schemes, greywater management, source sustainability, etc towards environmental conservation. (Source: https://jaljeevanmission.gov.in/media/jal-jeevanmission-promotes-solar-based-water-supply-schemes ).
PM KUSUM :- A scheme promoting the adoption of solar-powered agricultural pumps to enhance farm productivity and
reduce reliance on fossil fuels. (Source: https://www.india.gov.in/spotlight/pm-kusum-pradhan-mantri-kisan-urjasuraksha-evam-utthaan-mahabhiyan-scheme )
Solar Park Scheme :- Development of solar parks to facilitate large-scale solar energy generation, boosting renewable energy capacity and promoting investment in the sector. (Source: https://mnre.gov.in/development-of-solar-parks-andultra-mega-solar-power-projects/ )
Rooftop Solar (RTS) Programme :- Encouraging the installation of solar panels on rooftops of homes and businesses, promoting decentralized energy generation and reducing reliance on grid -based electricity. (Source: https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1989806 ).
Maxvolt Energy Industries IPO Date & Price Band Details
| IPO Open Date | 12 Feb 2025 |
| IPO Close Date | 14 Sep 2025 |
| IPO Size | 30,00,000 shares (Approx ₹54.00 Cr) |
| Fresh Issue | 24,00,000 shares (Approx ₹43.20 Cr) |
| Offer for Sale | 6,00,000 shares (Approx ₹10.80 Cr) |
| Lot Size | 800 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹171 to ₹180 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Maxvolt Energy Industries IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹1,44,000 |
| Retail Maximum | 1 | 800 | ₹1,44,000 |
| S-HNI Minimum | 2 | 1600 | ₹2,88,000 |
Our Company Promoters
- Mr. Bhuvneshwar
- Pal Singh,
- Mr. Vishal Gupta
- Mr. Sachin Gupta
OBJECTS OF THE OFFER
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking Financial companies.
- Funding of capital expenditure requirements of our Company towards purchase of Plant and Machineries.
- General corporate purposes.
Maxvolt Energy Industries IPO Allotment & Listings (Details)
| IPO Open Date | 12 Feb 2025 |
| IPO Close Date | 14 Feb 2025 |
| Basis of Allotment | 17 Feb 2025 |
| Refunds | 18 Feb 2025 |
| Credit to Demat Account | 18 Feb 2025 |
| IPO Listing Date | 19 Feb 2025 |
Maxvolt Energy Industries Financial Reports
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| Sep -2024 | 41.09 | ₹34.46 | ₹4.77 |
| 2024 | ₹48.79 | ₹42.45 | ₹5.21 |
| 2023 | ₹13.92 | ₹13.61 | ₹0.28 |
| 2022 | ₹6.18 | ₹6.15 | ₹0.01 |
Qualitative Factors
- Quality Assurance
- Dealership network and presence in across various states
- Leveraging the experience of our Promoters and Directors
- Wide range of our products
- Manufacturing at scale, in-house manufacturing facility with equipped machines and processes
- Optimal Utilization Resources
- Customized Product Development
Comparison of accounting ratios with listed industry peers
| Company Name | Face Value | EPS | P/E Ratio | RONW | Revenue (₹ in Lakhs) | NAV Per Share |
| Maxvolt Energy Industries Limited | 10.00 | 7.07 | [.] | 45.09 | - | 14.88 |
| Peer Group | ||||||
| Amara Raja Energy & Mobility Limited | 1 | 49.49 | 26 | 13.38 | - | 369.87 |
| Exide Industries Limited | 1 | 12.39 | 35.27 | 8.02 | - | 154.56 |
| High Energy Batteries (India) Ltd. | 2 | 19.14 | 32.24 | 19.56 | 97.84 | |
| Servotech Power Systems Limited | 1 | 0.52 | 353.05 | 8.81 | - | 5.93 |
Maxvolt Energy Industries Company Contact Details
Corporate Office: E- 82, Industrial Area, Bulandshar Road, Ghaziabad, Uttar Pradesh Uttar Pradesh-201009, India. Telephone: + 91 9810406453; Email: investorrelations@maxvoltenergy.com ; Website: www.maxvoltenergy.com
Maxvolt Energy Industries Lead Manager Registrar To The Issue
Smart Horizon Capital Advisory Private Limited
(Formerly known as Shreni Capital Advisors Private Limited)
B/908, Western Edge II, Kanakia Space, Behind Metro Mall, Off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra, India.
Telephone: +022-28706822
E-mail: director@shcapl.com
Investors Grievance e-mail: investor@shcapl.com
Contact Person: Mr. Parth Shah
Website: www.shcapl.com
Maxvolt Energy Industries Registrar To The Issue
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali CavesRoad, Andheri East,
Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: ipo@bigshareonline.com
Investor grievance e-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
