Maxvolt Energy Industries Ltd, a leading manufacturer of lithium battery packs for electric vehicles, energy storage systems, and medical devices, is set to launch its IPO on February 12, 2025. The issue will close on February 14, 2025, with the final allotment expected on February 17, 2025. The shares are scheduled to be listed on NSE SME on February 19, 2025.

IPO Details & Structure

The book-built issue amounts to ₹54.00 Crores, comprising a fresh issue of 24.00 lakh shares worth ₹43.2 Crores and an offer for sale (OFS) of 6.00 lakh shares totaling ₹10.8 Crores. The price band is set at ₹171-₹180 per share, with a market capitalization of ₹196.27 Crores at the upper price band.

Lot Size & Investment Requirements:

• Lot Size: 800 shares per lot
• Retail Minimum Investment: ₹1,44,000
• HNI Minimum Investment: ₹2,88,000 (2 lots)

Lead Manager & Registrar:

• Book Running Lead Manager: Smart Horizon Capital Advisory Pvt Ltd
• Registrar: Bigshare Services Pvt Ltd
• Market Maker: Rikhav Securities Ltd

Grey Market Premium (GMP) & Subscription Status

As of February 7, 2025, the Grey Market Premium (GMP) is ₹0, indicating no premium or discount over the issue price. However, GMP may fluctuate based on demand and supply trends closer to the listing date.

Anchor Investor Allocation

Maxvolt Energy Industries raised ₹15.32 Crores from anchor investors at a price of ₹180 per share, allocating 8,51,200 equity shares to these investors.

IPO Allotment & How to Check Status Online

The IPO allotment will be finalized on February 17, 2025, and investors can check their status by following these steps:

• Visit the IPO allotment status page.
• Select Maxvolt Energy Industries IPO from the list.
• Enter Application Number, PAN, or DP Client ID.
• Click Submit to view the allotment status.

Utilization of IPO Proceeds

Maxvolt Energy Industries plans to utilize the net proceeds for the following:

1. Repayment or prepayment of company borrowings (₹2,038.25 Lakh).
2. Funding capital expenditure for purchasing plant and machinery.
3. General corporate purposes.

Company Overview & Financial Performance

Maxvolt Energy Industries Ltd is promoted by Bhuvneshwar Pal Singh, Vishal Gupta, and Sachin Gupta. The company has demonstrated strong financial growth, with the following revenue and profit trends:

Key Financial Ratios:

• Pre-issue EPS: ₹7.07 | Post-issue EPS: ₹4.78
• Pre-issue P/E Ratio: 25.46x | Post-issue P/E Ratio: 37.68x
• Industry P/E Ratio: 89x
• ROCE (FY24): 39.46% | ROE (FY24): 85.41% | RoNW: 45.09%
• Annualized EPS: ₹11.52 | P/E Ratio: 15.62x

These indicators suggest a fair valuation for the IPO.

Should You Invest in Maxvolt Energy Industries IPO?

Despite its steady revenue growth, Maxvolt Energy Industries GMP is at ₹0, indicating low listing gains expectations. Investors may consider this IPO for long-term growth potential, given its strong financials and market presence in lithium battery manufacturing.

Stay Updated on IPOs & Stock Market Trends

The Upcoming IPOs in this week and coming weeks are PS Raj Steels, Chandan Healthcare, Ajax Engineering, Voler Car, Maxvolt Energy, Hexaware Technologies, L.K. Mehta, Shanmuga Hospital.

The Current active IPO are Eleganz Interiors, Readymix Construction, Solarium Green.

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