
Energy / Renewable Energy · NSE
Maks Energy Solutions India Limited is engaged in trading, assembling, selling, installing, testing, and commissioning generator and diesel generator (DG) sets, with business verticals spanning DG set trading and assembly as well as the distribution of commercial vehicle spare parts. The company procures diesel engines, alternators, and other components from suppliers, assembles DG sets, and sells them along with related spare parts in both domestic and export markets, while also distributing auto spare parts within Maharashtra. Maks Energy exports DG sets to regions including the Middle East, Southeast Asia, and parts of Africa, and operates its assembly facility in Pune, Maharashtra. The company reported revenues of ₹4,217.18 lakh in FY2020, ₹2,070.95 lakh in FY2021, and ₹2,553.76 lakh in FY2022.
Price Band
₹20
Issue Size
₹4.00 Cr
Lot Size
6000 shares
GMP
+25.0%
Est. Listing
₹25
at current GMP
Subscribed
26.30x
overall
Open
16 Sep 2022
Close
20 Sep 2022
Allotment
23 Sep 2022
Refund
24 Sep 2022
Demat Credit
25 Sep 2022
Listing
28 Sep 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹20
Band: ₹20
Estimated Listing Price
₹25
Upper price + GMP
Lot Size
6000 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹30,000
6000 × ₹5
Grey Market Premium trend
+₹5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹5 | 25.0% | ₹25 |
| 30 Oct 2026 | +₹5 | 25.0% | ₹25 |
| 29 Oct 2026 | +₹5 | 22.5% | ₹25 |
GMP is unofficial market data. Not a guarantee of listing performance.
Maks Energy Solutions India Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹4 Crores. The shares are offered at a price band of ₹20 to ₹20 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2022-09-20, the basis of allotment is scheduled to be finalized on 2022-09-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Maks Energy Solutions India Limited IPO is ₹5, which indicates an expected listing price of ₹25.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.