Maxvolt Energy Industries SME IPO Details, Financials, Valuation & Peers
Explore Maxvolt Energy Industries IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Established in 2019, Maxvolt Energy Industries Limited is a manufacturer of lithium-ion battery packs used in electric vehicles (EVs), energy storage, and electronic gadgets. The company supplies its products through a network of authorized dealers, distributors, and OEMs under its brand name "MaxVolt Energy." It also designs customized battery packs for various industries and supplies graphene battery packs and battery chargers. With an ISO 9001:2015-certified manufacturing facility in Ghaziabad, Uttar Pradesh, Maxvolt Energy is committed to innovation, quality, and expanding production capacity to meet the rising demand for energy storage solutions.
Key Points:
- Business Operations
- Manufactures lithium-ion battery packs for:
- Electric Vehicles (EVs) – E-scooters, E-rickshaws, E-cycles
- Energy Storage Systems
- Electronics and Gadgets
- Supplies products through authorized dealers, distributors, and OEMs
- Manufactures and supplies graphene battery packs and battery chargers under its own brand
- Manufactures lithium-ion battery packs for:
- Manufacturing Capabilities
- Facility: Located in Ghaziabad, Uttar Pradesh, spanning 18,000 sq. ft.
- Production Capacity: Can manufacture up to 97.2 MWh batteries (as of September 30, 2024)
- Plans for expansion to increase capacity and add battery recycling operations
- Service Network
- Service Centers in Uttar Pradesh, Delhi, Bihar, Madhya Pradesh, and Gujarat
- Dealers and distributors can access the service network for quick battery defect resolution
Objects of the Issue
- Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks, financial institutions and non-banking financial companies
- Funding of capital expenditure requirements of the Company towards purchase of Plant and Machineries
- General corporate purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 12 Feb - 14 Feb 2025 |
| IPO Price Band | ₹171 - ₹180 per share |
| Fresh Issue | 24,00,000 shares (₹43.20 crore) |
| Offer For Sale | 6,00,000 shares (₹10.80 crore) |
| Total IPO Size | ₹54 crore |
| Face Value | ₹10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 12 Feb 2025 |
| IPO Closing Date | 14 Feb 2025 |
| Basis Of Allotment | 17 Feb 2025 |
| Refunds | 18 Feb 2025 |
| Demat Transfer | 18 Feb 2025 |
| IPO Listing Date | 19 Feb 2025 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| Total Income | 6.18 | 13.92 | 48.79 | 41.09 |
| Total Expenses | 6.15 | 13.61 | 42.45 | 35.46 |
| Net Profit/Loss | 0.01 | 0.28 | 5.21 | 4.77 |
| NPM (*) | 0.23 | 2.04 | 10.77 | 11.84 |
| Total Assets | 3.61 | 10.25 | 31.51 | 53.77 |
| Total Liabilities | 3.24 | 9.61 | 19.96 | 29.83 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2022 | 31st March 2023 | 31st March 2024 | Sep 2024 |
|---|---|---|---|---|
| EPS | 0.07 | 1.33 | 7.07 | 5.76 |
| ROE (%) | 3.95 | 55.18 | 85.41 | 26.88 |
| ROCE (%) | 5.92 | 17.69 | 39.46 | 20.74 |
| D/E Ratio | 6.36 | 4.52 | 0.51 | 0.21 |
| Current Ratio | 1.09 | 1.08 | 1.63 | 1.80 |
| EBITDA MARGIN (%) | 2.61 | 3.99 | 13.69 | 13.33 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Maxvolt Energy Industries Limited | 48.37 | 25.46 | 7.07 | 45.09 | 14.88 |
| Amara Raja Energy & Mobility Limited | 11,708.44 | 22.13 | 49.49 | 13.38 | 369.87 |
| Exide Industries Limited | 16,769.73 | 31.06 | 12.39 | 8.02 | 154.56 |
| High Energy Batteries (India) Ltd. | 78.14 | 27.48 | 19.14 | 19.56 | 97.84 |
| Servotech Renewable Power System Limited | 353.68 | 273.42 | 0.52 | 8.81 | 5.93 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 6.76 |
| Non-Institutional Investor (NII/HNI) | 1.45 |
| Retail Individual Investor (RII) | 1.97 |
| Total | 3.23 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. BHUVNESHWAR PAL SINGH
- MR. VISHAL GUPTA
- MR. SACHIN GUPTA
Lead Managers
- Smart Horizon Capital Advisory Private Limited (Formerly known as Shreni Capital Advisors Private Limited)
Company Address
Maxvolt Energy Industries Limited
F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, New Delhi - 110092, India.
Phone: +91 9810406453
Email: investorrelations@maxvoltenergy.com
Website: www.maxvoltenergy.com
FAQs
- What is the issue size of the Maxvolt Energy Industries SME IPO?The Maxvolt Energy Industries SME IPO has an issue size of ₹54 crore. This includes a fresh issue of 24,00,000 shares (₹43.20 crore) and an offer for sale (OFS) of 6,00,000 shares (₹10.80 crore).
- What is the price band of the Maxvolt Energy Industries IPO?The price band for the Maxvolt Energy Industries IPO is ₹171 - ₹180 per share.
- What are the bidding dates for the Maxvolt Energy Industries IPO?The Maxvolt Energy Industries IPO will open for bidding on 12 Feb 2025 and close on 14 Feb 2025.
- What is the allotment date for the Maxvolt Energy Industries IPO?The allotment date for the Maxvolt Energy Industries IPO is 17 Feb 2025.
- What is the minimum lot size and investment required for the Maxvolt Energy Industries IPO?The minimum lot size for the Maxvolt Energy Industries IPO is 800 shares and the minimum investment required is ₹1,44,000.
- What is the listing date for the Maxvolt Energy Industries IPO?The listing date for the Maxvolt Energy Industries IPO is 19 Feb 2025.
- What is the Maxvolt Energy Industries IPO grey market premium?The grey market premium (GMP) for the Maxvolt Energy Industries IPO is currently at ₹6, with an expected listing gain of approximately 3.33%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.