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  3. Maxvolt Energy IPO
Maxvolt Energy logo

Maxvolt Energy

Listed
Listed

IPO Timeline

Issue open date

12 Feb 2025

Issue close date

14 Feb 2025

UPI mandate deadline

14 Feb 2025

Allotment finalization

17 Feb 2025

Refund initiation

18 Feb 2025

Share credit

18 Feb 2025

Listing date

19 Feb 2025

Mandate end date

1 Mar 2025

Lock-in end date for anchor investors (50%)

19 Mar 2025

Lock-in end date for anchor investors (remaining)

18 May 2025

Key Dates

Open
12 Feb 2025
Close
14 Feb 2025
Listing
19 Feb 2025

Quick Stats

Issue Size:54cr
Lot Size:800 shares

About the Company

Established in 2019, MaxVolt Energy manufactures lithium-ion batteries in various ranges, supplied through authorized dealers, distributors, and OEMs. These batteries are widely used in electric vehicles (E-scooters, E-rickshaws, E-cycles), energy storage systems, and electronic gadgets. Customized battery packs are also produced to meet industry-specific requirements. In addition to manufacturing, the company supplies graphene battery packs and battery chargers under its own brand. Some dealers and distributors also function as service centers. As of September 30, 2024, service centers operate in Uttar Pradesh, Delhi, Bihar, Madhya Pradesh, and Gujarat, providing support for battery-related issues.

Strengths

  • Rigorous inspections ensure quality assurance for high-performance lithium-ion battery packs.
  • A strong dealership network spans multiple states with OEM partnerships.
  • Experienced leadership from promoters and directors enhances industry expertise.
  • A diverse product portfolio includes batteries for EVs, storage, and electronics.
  • In-house manufacturing utilizes advanced machinery and efficient processes.
  • Effective resource optimization ensures efficient utilization of materials and operations.
  • Customized battery packs are designed to meet various industrial applications.

Risks

  • Outstanding litigation may impact business, reputation, and financial results.
  • Natural calamities, climate change, and health epidemics may disrupt operations.
  • Regulatory changes and tax uncertainties could affect financial stability.
  • Failure to maintain or improve brand image may reduce competitiveness.
  • Economic slowdown in India may negatively impact business growth.
  • Dependence on key suppliers and logistics may affect supply chain.
  • Fluctuations in global economic conditions could impact business performance.

Maxvolt Energy IPO – Frequently Asked Questions

  • The price band for the Maxvolt Energy IPO is set at ₹171 to ₹180 per share.
  • The Maxvolt Energy IPO opens on February 12, 2025 and closes on February 14, 2025.
  • The tentative listing date for the Maxvolt Energy IPO is February 19, 2025.
  • You can apply for the Maxvolt Energy IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Maxvolt Energy, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Maxvolt Energy IPO is 800 shares. Investors must apply for at least one lot (i.e., 800 shares).