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Maxvolt Energy Industries Limited, established in 2019, specializes in manufacturing lithium-ion batteries across various ranges, distributed through authorized dealers, distributors, and OEMs under the “MaxVolt Energy” brand. These batteries are widely used in electric vehicles, energy storage, and electronic gadgets. The company also manufactures customized battery packs and supplies graphene battery packs and battery chargers. Its service network spans multiple states, ensuring prompt support. With an ISO 9001:2015 certification, a strategically located 18,000 sq. ft. manufacturing unit in Ghaziabad, and a capacity of 97.2 MWh, Maxvolt Energy continuously expands and innovates in battery technology.

Maxvolt Energy Industries Limited IPO Key Financials (in ₹ lakhs)
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 3150.93 | 1025.46 | 361.03 |
| Revenue | 4837.15 | 1367.95 | 615.01 |
| Profit After Tax | 634.04 | 31.18 | 3.18 |
| Reserves and Surplus | 378.74 | 32.46 | 4.58 |
| Total Borrowings | 588.67 | 291.58 | 232.77 |
| Category | Details |
| Issue Type | Book Built Issue IPO |
| Total Issue Size | Fresh Issue: 24,00,000 shares (aggregating up to ₹ 43.20 Cr)
Offer for Sale: 6,00,000 shares (aggregating up to ₹10.80 Cr) |
| Price Range | ₹171 to ₹180 per share |
| Lot Size | 800 Shares |
| Face Value | ₹10 per share |
| Listing Exchange | SME, BSE |
| Pre-IPO Shareholding | 85,03,928 shares |
| Post-IPO Shareholding | 1,09,03,928 shares |
| Market Marker | 1,52,000 shares (Rikhav Securities Limited) |
| IPO Activity | Date |
| IPO Open Date | 12 February 2025 |
| IPO Close Date | 14 February 2025 |
| Basis of Allotment | 17 February 2025 |
| Refunds Initiation | 18 February 2025 |
| Credit of Shares to Demat | 18 February 2025 |
| Listing Date | 19 February 2025 |
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1600 | ₹2,88,000 |
| Lead Managers |
| Smart Horizon Capital Advisors Private Limited |
| KPI | Value |
| Earnings Per Share (EPS) | 7.07 |
| Price/Earnings (P/E) Ratio | TBD |
| Return on Net Worth (RoNW) | 45.09% |
| Net Asset Value (NAV) | 15.68 |
| Return on Equity | 85.41% |
| Return on Capital Employed (ROCE | 39.46% |
| EBITDA Margin | 13.69% |
| PAT Margin | 10.77% |
| Debt to Equity Ratio | 0.51 |
| Name of Company | Face Value (₹) | Basic & Diluted EPS (₹) | PE Ratio (times) | RoNW (%) | NAV per Share (₹) |
| Maxvolt Energy Industries Limited | 10 | 7.07 | [●] | 45.09 | 14.88 |
| Peer Group | |||||
| Amara Raja Energy & Mobility Limited | 1 | 49.49 | 26.34 | 13.38 | 369.87 |
| Exide Industries Limited | 1 | 12.39 | 35.27 | 8.02 | 154.56 |
| High Energy Batteries (India) Ltd. | 2 | 19.14 | 32.24 | 19.56 | 97.84 |
| Servotech Power Systems Limited | 1 | 0.52 | 353.08 | 8.81 | 5.93 |
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