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Open
12 Feb 2025
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Close
14 Feb 2025
3
Allotment
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Listing
Wed, Feb 19, 2025
Price Band
₹171 to ₹180
Issue Size
30,00,000 shares (agg. up to ₹54 Cr)
Lot Size
800 Shares
Listing Date
Wed, Feb 19, 2025
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
19-02-2025₹0Est. ₹180+0%
18-02-2025₹0Est. ₹180+0%
17-02-2025₹0Est. ₹180+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.55x |
Restated Financials (₹ Cr.)
| 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 |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| CLN Energy Ltd. | SME | ₹72.30 Cr | ₹250 | 19.57 | ₹254.15 | +1.66% | ₹537.35 (+0.07%) |
| OBSC Perfection Ltd. | SME | ₹66.02 Cr | ₹100 | 14.62 | ₹115.50 | +15.50% | ₹617.40 (-7.51%) |
| Premium Plast Ltd. | SME | ₹26.20 Cr | ₹49 | 14.11 | ₹48.90 | -0.20% | ₹40.00 (-4.76%) |
| Forge Auto International Ltd. | SME | ₹31.10 Cr | ₹108 | 12.98 | ₹109.35 | +1.25% | ₹84.30 (-4.96%) |
| Mandeep Auto Industries Ltd. | SME | ₹25.25 Cr | ₹67 | 10.15 | ₹65.35 | -2.46% | ₹20.15 (+4.40%) |
| Emmforce Autotech Ltd. | SME | ₹53.90 Cr | ₹98 | 33.5 | ₹195.51 | +99.50% | ₹171.85 (-2.16%) |
| Thaai Casting Ltd. | SME | ₹47.20 Cr | ₹77 | 25.99 | ₹195.15 | +153.44% | ₹129.50 (+3.43%) |
| Carraro India Ltd. | Mainboard | ₹1,250.00 Cr | ₹704 | 63.97 | ₹636.20 | -9.63% | ₹567.55 (-0.51%) |
| Kross Ltd. | Mainboard | ₹500.00 Cr | ₹240 | 28.93 | ₹259.81 | +8.25% | ₹192.25 (+2.72%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ 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 |
About Maxvolt Energy Industries IPO
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: Manufacturing:The company manufactures a wide range of lithium-ion battery packs and offers customization for capacity, watt-hours, dimensions, and weight. Outsourcing:The company supplies components like lead batteries and chargers, designed and specified by the company, manufactured by third parties. Products: E-Scooter / Bike Battery E- Rickshaw Battery E- Cycle Battery Battery for Energy Storage Batter
Contact Details
Maxvolt Energy Industries Ltd. AddressF-108, Plot No.1 F/F United PlazaCommunity Centre, KarkardoomaDelhi, New Delhi, 11009291 98188 89835bhuvneshwar@maxvoltenergy.comVisit Website