Maxvolt Energy IPO Review: Apply or Avoid?

Posted by : sachet | Tue Feb 11 2025

Maxvolt Energy IPO Review: Apply or Avoid?

Maxvolt Energy IPO is all set to open for bidding on 12th February 2025. It is a book-built issue consisting of a fresh issue of 24,00,000 shares worth Rs 43.20 crore and an offer for the sale of 6,00,000 shares worth Rs 10.80 crore. The issue is going to be listed on NSE and SME on its tentative listing date, 19th February 2025. 

Maxvolt Energy IPO

Maxvolt Energy IPO date is fixed between 12th February 2025 and 14th February 2025. The face value of Maxvolt Energy Limited shares stands at Rs 10 per share, and the IPO price band is set at Rs 171 to Rs 180 per share. 

Bigshare Services Private Limited is the registrar of Maxvolt Energy IPO, responsible for managing the allotment process and refund initiation in the IPO. Download Maxvolt Energy IPO RHP to check out the further IPO details in the table below. 

Maxvolt Energy IPO Details

IPO Open Date12th February 2025
IPO Close Date14th February 2025
IPO Allotment Date17th February 2025
Refund Initiation 18th February 2025
Issue Size30,00,000 shares (worth Rs 54.00 crore) 
Fresh Issue24,00,000 shares (worth Rs 43.20 crore)
Offer For Sale6,00,000 shares (worth Rs 10.80 crore)
Face ValueRs 10 per share
Lot Size800 shares
Price BandRs 171 to Rs 180 per share
Market Makers Portion1,09,03,928 shares
Issue TypeBook Built Issue 
Listing AtNSE & SME
Listing Date19th February 2025

Maxvolt Energy IPO GMP and Key Details

Maxvolt Energy IPO is a book-built issue of 30,00,000 shares worth Rs 54.00 crore. Maxvolt Energy Limited shares will be listed on NSE and SME. Furthermore, the SEBI has specified the share reservation criteria for different investors’ categories. 

Investor CategoriesReservation Required 
QIB<50% of total issue
Retail Investors>35% of total issue
NII (sNII+bNII)>15% of total issue
Total100%

Note: QIB (Qualified Institutional Buyers), NII (Non-Institutional Investors), sNII (Small Non-Institutional Investors), bNII (Big Non-Institutional Investors). 

Maxvolt Energy IPO GMP Grey Market Premium

GMP is the difference between the fixed price band of the issue and the price at which company shares are trading in the grey market.  Wanna live updates on Maxvolt Energy IPO GMP? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateGMP Estimated Listing Price Estimated Listing Gains
11-02-2025Rs 0Rs 1800.00%
10-02-2025Rs 0Rs 1800.00%
09-02-2025Rs 0Rs 1800.00%
08-02-2025Rs 0Rs 1800.00%
07-02-2025Rs 0Rs 1800.00%

*Data is updated as of 11th February 2025.

As of now, on 11th February 2025, Maxvolt Energy IPO  GMP stands at Rs 0 per share, which means the share will likely show a flat listing at Rs 180 (180+0) on its tentative listing date, 19th February 2025. 

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for Maxvolt Energy IPO. Stay informed with Univest blogs to know about real-time insights on IPOs and their GMP trends. 

Maxvolt Energy IPO  Review

Check out the detailed review of Maxvolt Energy IPO for a thorough understanding of its potential to report listing gains on 17th February 2025. The Maxvolt Energy IPO review provided below will also help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess the financial performance of a company to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business financials before applying for any IPO.

The revenue of Maxvold Energy Limited stood at Rs 13.92 crore, which increased by 175.05% to Rs 48.79 crore. On the other hand, the PAT of the company was raised by 1,253.51% from Rs 0.28 crore to Rs 3.79 crore.

Maxvolt Energy Limited has shown consistent growth in its revenue, which indicates that the company is financially stable and in a growing phase. However, the brokers, experts, RAs, and investors are neutral for Maxvolt Energy IPO for its tentative listing day, which is 19th February 2025.  

Technical Analysis

A number of technical parameters are available to assess the potential of a stock to deliver returns. To analyse the technicals of Maxvolt Energy IPO, use the indicators tabulated below.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 29.39
PB Ratio (Price-to-Book)11.48
EPS (Earnings Per Share)6.12
RoNW45.09%
ROE85.41%
ROCE39.46%
PAT Margin (Profit After Tax)10.77
Market CapitalisationRs 196.27 crore

*Data is updated as of 11th February 2025. 

The PE ratio of Maxvolt Energy Limited shares is 29.39, and its Earnings Per Share stands at 6.12. This indicates that the Maxvolt Energy IPO can potentially deliver short-term and long-term returns. 

Maxvolt Energy Limited Peer Comparison

Company NameRevenue (in cr.)PE RatioFace Value (in Rs)EPS (in Rs)RoNW (in %)Dividend YieldNAV (in Rs)
Maxvolt Energy Limited48.7929.39106.1245.09%N/A14.88
Exide Industries Limited4,178.1039.8119.334.25%0.54%162.65
High Energy Batteries (India) Limited21.2944.84211.219.30%0.60%100.16
Amara Raja Energy & Mobility Limited2,941.0018.64155.342.92%0.96396.98
Servotech Power Systems Limited137.10111.7411.2210.80%0.04%7.89
Bosch Limited4,460.0040.3010686.832.97%1.36%4,317.20
Samvardhana Motherson International Limited27,142.0025.2015.3814.70%0.57%46.38
Sona BLW Precision Forgings Limited893.0056.07109.4224.50%0.55%84.14

*Data is updated as of 11th February 2025. 

Note: The data as mentioned above is taken from authentic sources and highlights pre-issue information. PE ratio and EPS of Maxvolt Energy Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio29.3920.57
EPS 6.128.75

*Data is updated as of 11th February 2025. 

Maxvolt Energy IPO Subscription Status

Maxvolt Energy IPO is set to open for bidding on 12th February 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Maxvolt Energy IPO Subscription Status

Investor CategoryShares OfferedShares SubscribedSubscription in Times
Retail InvestorsYet to be announcedYet to be announcedYet to be announced
QIBYet to be announcedYet to be announcedYet to be announced
NII (sNII+bNII)Yet to be announcedYet to be announcedYet to be announced
Market Maker1,09,03,928Yet to be announcedYet to be announced
TotalYet to be announcedYet to be announcedYet to be announced

*Data is updated as of 11th February 2025.

About Maxvolt Energy Limited

Maxvolt Energy Limited was incorporated in 2019 and manufactures lithium-ion batteries for electric vehicles, energy storage, and electronics. The company also manufactures customised battery packs and supplies graphene battery packs. The product portfolio of Maxvolt Energy Limited includes an E-Scooter / Bike Battery, an E-Cycle Battery, a Lithium Battery Charger, a Lead Battery Charger, and an E-Rickshaw Battery. 

As of 30th September, 2024, Maxvolt Energy Limited employed 97 people and the number is expected to increase further. Moreover, the PE ratio of Maxvolt Energy Limited stands at 29.39, and its market capitalisation is Rs 196.27 crore. 

Maxvolt Energy Limited Financials

Before applying for Maxvolt Energy IPO, the company’s financial analysis is essential. Look at the table to learn about Maxvolt Energy Limited’s financials. 

Year Ended30th September 2024 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)31st March 2022 (in cr.)
Assets53.7731.5110.253.61
Revenue41.0948.7913.926.18
Profit After Tax4.775.210.280.01
Reserves and Surplus15.443.790.320.05
Debt4.975.892.922.33
Net Worth23.9411.550.640.37

*Data is updated as of 11th February 2025. 

Explanation

Maxvolt Energy Limited has shown a growth of 175.05% in its revenue, estimated at Rs 13.92 crore in  March 2022 and Rs 48.79 crore in March 2023. Moreover, the PAT of the company was raised by 1,253.51% from Rs 0.28 crore to Rs 3.79 crore. 

Maxvolt Energy IPO Bidding Requirements

Maxvolt Energy IPO has reserved lot sizes to apply in the case of different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Investor CategoryLotsSharesAmount (in Rs)
Retail (Minimum)1800 sharesRs 1,44,000
Retail (Maximum)1800 sharesRs 1,44,000
HNIs (Minimum)21600 sharesRs 2,88,000

Aim of Maxvolt Energy IPO

The primary aim of Maxvolt Energy IPO is to raise Rs 54.00 crores. However, the company has decided to utilise these funds in different ways. Here are some of the secondary objectives behind Maxvolt Energy IPO.

  • Repayment or prepayment of debt taken from banks, financial institutions, and NBFCs. 
  • Meet capital expenditure of the company for purchasing plant and machinery. 
  • General corporate purposes. 

Should I Invest in Maxvolt Energy IPO?

“Maxvolt Energy Limited is involved in providing lithium-ion batteries of multiple ranges.  The company has marked growth over the past few decades. According to the current financial position of Maxwold Energy Limited, the issue appears to be aggressively priced” ~ Dilip Davda (Chief Editor at Chittorgarh)

Explore the pros and cons of Maxvolt Energy IPO to make an informed investment decision on this issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming years. 

Pros of Maxvolt Energy IPO

  • High return on equity of 85.41%.
  • Consistent increase in revenue in last 3 years. 
  • Sustainable business model of the company. 

Cons of Maxvolt Energy IPO

  • Low promoter’s holdings.
  • High lot size.
  • 0.00% GMP.

How to Apply for Maxvolt Energy IPO?

Check the steps mentioned below to apply for Maxvolt Energy IPO

  • Step 1: Conduct thorough research on Maxvolt Energy IPO GMP, subscription status, issue size, lot size, and other key details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Bid for one lot of 800 shares worth Rs 1,44,000 of Maxvolt Energy IPO.   
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for Maxvolt Energy IPO from more than one demat account to increase your allotment chances. 

How to Check Maxvolt Energy IPO Allotment Status?

You can check for Maxvolt Energy IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

  • Visit the NSE’s official website
  • Select Equity as the issue type. 
  • Choose Maxvolt Energy IPO.  
  • Choose whether to proceed with the PAN number or application number.
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Maxvolt Energy IPO allotment status.

Let’s Wrap

Maxvolt Energy IPO is the book-built issue of 30,00,000 shares worth Rs 54.00 crores. The shares of Maxvolt Energy Limited will be listed on NSE and SME on its tentative listing date of 19th February 2025. Researching Maxvolt Energy IPO GMP and reviews are highly recommended to book your ideal listing gains. Brokers and investors are neutral about this IPO and highlighted its pros and cons. Benefits of this IPO include higher return on equity, constant increase in revenue, and a resilient business model. Moreover, this IPO also comes with some consequences, like low promoter holdings and high lot size. 

Open a demat account on Univest now to initiate your investment journey. Explore the Univest terms and conditions by clicking on the link

FAQs on Maxvolt Energy IPO

1. How is Maxvolt Energy IPO?

Ans. Currently, on 11th February 2025, Maxvolt Energy IPO GMP (Grey Market Premium) stands at Rs 0 (0.00 % up). It indicates that the estimated listing price could be Rs 180 per share. It is an offer for sale of 30,00,000 shares worth Rs 54.00 crore. The IPO price band is fixed at Rs 171 to Rs 180 per share, and the face value of each share is Rs 10. 

2. What is Maxvolt Energy IPO price?

Ans. Maxvolt Energy IPO price band has been set between Rs 171 and Rs 180 per share. Retail investors can apply for a minimum and maximum of 1 lot consisting of 800 shares worth Rs 1,44,000. Moreover, HNIs are required to bid for a minimum of 2 lots (1,600 shares) worth Rs 2,88,000. 

3. Is Maxvolt Energy IPO good?

Ans. During FY2023-24, the revenue of Maxvold Energy Limited was increased by 175.05% to reach Rs 48.79 crore. On the other hand, the PAT of the company was raised by 1,253.51% from Rs 0.28 crore to Rs 3.79 crore. Maxvold Energy IPO has gained a positive rating from industry experts, brokers and institutional investors.

4. Who is the registrar of Maxvolt Energy IPO?

Ans. Bigshare Services Private Limited is the registrar of Maxvolt Energy IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any query regarding Maxvolt Energy IPO allotment and refund, you can contact Bigshare Services Private Limited at investor@bigshareonline.com or +91-22-6263 8200. 

5. What is the issue size of Maxvolt Energy IPO? 

Ans. Maxvolt Energy IPO is the book-built issue for 30,00,000 shares worth Rs 54.00 crore. It is a fresh issue of 24,00,000 shares worth Rs 43.20 crore offer for sale of 6,00,000 shares worth Rs 10.80 crore. The IPO is set to open on 12th February 2025 and will be closed on 14th February 2025. 

Disclaimer: The above information is accumulated from authentic sources and is just for informational purposes. To have detailed information about Maxvolt Energy IPO, download the Maxvolt Energy IPO RHP and Maxvolt Energy IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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