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Maxvolt Energy Industries Ltd.

Batteries

IPO Details
  • Issue Type Book building
  • Price range Rs.171-180
  • Market Lot 800
  • Total Equity Shares 2148800
  • Face Value Rs. 10
  • Listing Date Feb 19, 2025
IPO Timeline
Opening date Feb 12, 2025
Closing date Feb 14, 2025
Listing Date Feb 19, 2025

IPO Details

Established in the year 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. authorised dealers and distributors andOEMs 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. We also manufacture customised batteries packs as per therequirement of manufacturers of different industries. In addition to manufacturing, we are supplier of Graphene Batterypacks and Battery Chargers designed and developed by us in our own brand name. We designate some of dealers anddistributors 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 thedefects in the batteries. These service centers help us to provide fast and hassle-free service to our dealers and endcustomers.

Projects

1. Project Name: Repayment or prepayment, in full or in part, of borrowings availed

Project Cost: 88.99

2. Project Name: Funding of capital expenditure requirements of our Company

Project Cost: 242.7

3. Project Name: General corporate purposes

Project Cost: 71.8

Promoters

Prmoters Name

1. Bhuvneshwar Pal Singh

2. Vishal Gupta

3. Sachin Gupta

Prmoters Holdings
  • Pre Share Capital: 4867396
  • Pre Promoter Holding: 57.24
  • Offer to Public: 2148800
  • Post Share Capital: 4267396
  • Post Promoter Holding: 39.14

Registrar

Registrar Name:Bigshare Services Pvt Ltd
Phone: 91-022-40430200
Email: Investor@bigshareonline.com
Website:

Lead Managers

  • Smart Horizon Capital Advisors Pvt Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3265
Total Equity 2148800

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 0
No of Shares Bid For Qualified Institutional Buyers 3847200
Total No of Shares Bid For Qualified Institutional Buyers 0.00
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 3264000
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 583200
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 0
No of Shares Bid For Non-Institutional Buyers 772800
Total No of Shares Bid For Non-Institutional Buyers 0.00
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 232800
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 389600
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 150400
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 1972800
Total No of Shares Bid For Retail Individual Investor 0.00
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 1156000
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 816800
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 0
No of Shares Bid For All 6592800
Total 0.00