Maxvolt Energy Industries Limited IPO Overview
Maxvolt Energy Industries Limited is set to go public with its Initial Public Offering (IPO) from February 12 to February 14, 2025. This SME IPO aims to raise ₹54 crore, with a price band set between ₹171 and ₹180 per share. The IPO will be listed on the NSE Emerge platform. The minimum bid lot for retail investors is 800 shares, requiring an investment of ₹1,44,600.
Maxvolt Energy Industries Limited Valuations
Maxvolt Energy Industries Limited has shown robust financial performance. In FY24, the company reported a revenue of ₹48.79 crore and a profit after tax (PAT) of ₹5.21 crore. The company’s key financial metrics include:
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Return on Equity (ROE): 85.41%
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Return on Capital Employed (ROCE): 39.46%
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EBITDA Margin: 13.69%
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PAT Margin: 10.77%
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Debt to Equity Ratio: 0.51
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Earnings Per Share (EPS): ₹7.07 (Basic)
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Return on Net Worth (RoNW): 45.09%
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Net Asset Value (NAV): ₹15.68
About the Company
Established in 2019, Maxvolt Energy Industries Limited specializes in manufacturing lithium-ion batteries used in electric vehicles (EVs), energy storage systems, and electronic gadgets. The company operates under the brand name “MaxVolt Energy” and has a strong distribution network across five Indian states. The manufacturing facility, located in Ghaziabad, Uttar Pradesh, spans 18,000 square feet and has a production capacity of up to 97.2 MWh batteries as of September 30, 2024. The company is ISO 9001:2015 certified and is committed to innovation and expanding its production capacity.
Anchor Investors
Maxvolt Energy Industries Limited has raised ₹15.32 crore from anchor investors. This participation indicates confidence in the company’s growth prospects and its position in the lithium-ion battery market. The funds raised from the IPO will be used for repaying borrowings, funding capital expenditure requirements, and general corporate purposes.
Conclusion
Maxvolt Energy Industries Limited’s IPO presents an opportunity for investors to participate in the growth of the lithium-ion battery market. With a strong financial performance and a commitment to expanding its production capacity, the company is well-positioned to benefit from the increasing demand for energy storage solutions and electric vehicles. Investors considering participation in the IPO should evaluate the company’s growth prospects, financial health, and market position.
Maxvolt Energy Company Contact Details
Maxvolt Energy Industries
F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, East Delhi, New Delhi-110092