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Maxvolt Energy IPO is a book-built issue of ₹54.00 crores. The issue consists of a fresh issue of 24.00 lakh shares, totalling ₹43.20 crores, and an offer for sale of 6.00 lakh shares, amounting to ₹10.80 crores.
The Maxvolt Energy IPO opens for subscription on February 12, 2025, and closes on February 14, 2025. The allotment is expected to be finalized on Monday, February 17, 2025. The listing of Maxvolt Energy IPO is scheduled for the tentative date of Wednesday, February 19, 2025, on NSE SME.
The price band for the Maxvolt Energy IPO is set between ₹171 and ₹180 per share. The minimum lot size for an application is 800 shares, requiring a minimum investment of ₹1,44,000 for retail investors. For HNI investors, the minimum lot size is 2 lots (1,600 shares), amounting to ₹2,88,000.
For detailed insights, real-time updates on IPO GMP, as well as subscription status and allotment information, investors can rely on trusted platforms like IPO Watch, BSE IPO allotment, or the Voler Car Limited IPO Red Herring Prospectus (RHP). Staying informed about these key details is essential for making well-informed investment decisions regarding this IPO.
| IPO Date | February 12, 2025 to February 14, 2025 |
| Listing Date | February 12 |
| Face Value | ₹10 per share |
| Price Band | ₹171 to ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 30,00,000 shares (aggregating up to ₹54.00 Cr) |
| Fresh Issue | 24,00,000 shares (aggregating up to ₹ 43.20 Cr) |
| Offer for Sale | 6,00,000 shares of ₹10 (aggregating up to ₹10.80 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 85,03,928 shares |
| Share Holding Post Issue | 1,09,03,928 shares |
| Market Maker Portion | 1,52,000 shares Rikhav Securities Limited |
| IPO Open Date | Wednesday, February 12, 2025 |
| IPO Close Date | Friday, February 14, 2025 |
| Basis of Allotment | Monday, February 17, 2025 |
| Initiation of Refunds | Tuesday, February 18, 2025 |
| Credit of Shares to Demat | Tuesday, February 18, 2025 |
| Listing Date | Wednesday, February 19, 2025 |
| Cut-off time for UPI mandate confirmation | The credit of Shares to Demat |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1,600 | ₹2,88,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 53.77 | 31.51 | 10.25 | 3.61 |
| Revenue | 41.09 | 48.79 | 13.92 | 6.18 |
| Profit After Tax | 4.77 | 5.21 | 0.28 | 0.01 |
| Net Worth | 23.94 | 11.55 | 0.64 | 0.37 |
| Reserves and Surplus | 15.44 | 3.79 | 0.32 | 0.05 |
| Total Borrowing | 4.97 | 5.89 | 2.92 | 2.33 |
Maximizing Opportunities with Maxvolt Energy Industries Limited IPO
The Maxvolt Energy Industries Limited IPO presents a promising investment opportunity for both retail and HNI investors. With a price band set between ₹171 and ₹180 per share and a minimum lot size of 800 shares, the IPO offers a chance to participate in the company's growth. Investors should stay updated with the latest information on subscription status, allotment details, and IPO GMP through reliable platforms to make informed decisions. As the IPO opens for subscription on February 12, 2025, and lists on February 19, 2025, it's crucial to evaluate the potential and risks before proceeding.
