Maxvolt Energy Industries Ltd IPO
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Maxvolt Energy Industries Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 30 L | ₹ 6 L | ₹ 10 L | ₹ 48.67 L | NSE | ₹ 54 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 12 Feb, 25 | 14 Feb, 25 | 800 | ₹ 1,36,800 | Book Building - SME | 19 Feb, 25 |
Maxvolt Energy Industries Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Auto Ancillaries |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 2.71x | 1420000 | 3847200 |
| NII | 1.81x | 428000 | 772800 |
| Retail | 1.97x | 1000000 | 1972800 |
| Employee | 0x | 0 | 0 |
| Total | 2.2x | 3000000 | 6592800 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Maxvolt Energy Industries Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 6.51 | 0.48 | 0.07 |
| EBITDA | 6.68 | 0.65 | 0.11 |
| PAT | 5.21 | 0.28 | 0.01 |
| Total Assets | 29.54 | 9.64 | 2.84 |
| Share Capital | 7.76 | 0.32 | 0.32 |
| Total Borrowings | 13.26 | 6.49 | 1.41 |
| Operating Activities (Net Cash) | 5.38 | 0.45 | 0.05 |
| Investing Activities (Net Cash) | 0.74 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 13.26 | 6.49 | 1.41 |
| Net Cashflow | 0.03 | 0.02 | 0.01 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Maxvolt Energy Industries Ltd
Our Company was originally incorporated on May 09, 2019 under the name Maxvolt Energy Industries Private Limited under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of our Company was changed to public limited Company and the name of our Company was changed to Maxvolt Energy Industries Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on June 18, 2024. The fresh certificate of incorporation consequent to conversion was issued on August 27, 2024 by the Centralised Processing Centre. The Corporate Identification Number of our Company is U40106DL2019PLC349854.
The global automotive industry is experiencing a major transformation. Vehicles fully powered by electric batteries comprise an increasing share of new vehicle purchases. Compared to internal combustion engine vehicles, battery electric vehicles run fully on electricity, not gasoline or diesel. Therefore, battery electric vehicles do not directly emit carbon dioxide, and if the batteries' electricity source has low or no carbon dioxide emissions, increased electric vehicle adoption can lower carbon dioxide emissions in the transportation sector, helping countries meet climate-related goals.
Established in the year 2019, our Company is primarily engaged in the business of manufacturing of lithium-ion batteries of various range supplied through a diversified sales & distribution mix viz. 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. 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 of Uttar Pradesh, Delhi, Bihar, Madhya Pradesh and Gujarat, 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.
Peer Comparison:
- Amara Raja Energy & Mobility Ltd
- Exide Industries Ltd
- High Energy Batteries (India) Ltd
- Servotech Renewable Power System Ltd
Maxvolt Energy Industries Ltd IPO Key Points
Strengths
- 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.
Risk
- The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
- Its limited operating history makes evaluating the company business and future prospects difficult.
- The company depends on the success of its relationships with its customers. The company few of customers contribute majority of its revenues from operations. If one or more of such customers choose not to source their requirements from it, the company business, financial condition and results of operations may be adversely affected.
Strategy
- Expand capacities at our existing manufacturing facilities to increase manufacturing scale for our existing products.
- Continuing innovation and strengthening the R & D capacity.
- Strategic expansion by venturing into re-usability of used batteries.
- Scalable business model and favourable national policy support.
- Strengthen relationships with our existing customers and expand customer base.
- 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.
How To Apply for Maxvolt Energy Industries Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
