
Energy / Electrical Equipment · NSE
Established in 2019, Maxvolt Energy Industries Limited manufactures lithium-ion batteries for electric vehicles, energy storage systems, and electronic devices under the brand “MaxVolt Energy.” The company produces customized and graphene battery packs, along with chargers, at its advanced facility equipped with modern machinery, safety systems, and testing labs. Operating on a dual business model, Maxvolt manufactures lithium-ion battery packs with customizable features and also sources lead batteries and chargers from trusted partners. Its products serve e-scooters, e-bikes, e-rickshaws, and energy storage applications, supported by service centers in five states for after-sales care. As of September 2024, the company employed 97 professionals.
Price Band
₹171 – ₹180
Issue Size
₹54.00 Cr
Lot Size
800 shares
GMP
Est. Listing
₹180
at current GMP
Subscribed
3.30x
overall
Open
12 Feb 2025
Close
14 Feb 2025
Allotment
17 Feb 2025
Refund
18 Feb 2025
Demat Credit
19 Feb 2025
Listing
19 Feb 2025
Overall Subscription
3.30x
Total Demand
QIB Multiplier
6.76x
Institutions & Funds
NII / HNI
1.81x
High Net-Worth
Retail (RII)
1.97x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 568,800 | 3,847,200 | 6.76x |
| NIB | 428,000 | 772,800 | 1.81x |
| RETAIL | 1,000,000 | 1,972,800 | 1.97x |
| Total | 1,996,800 | 6,592,800 | 3.30x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 6 | 0.00x |
| NIB | — | 177 | 0.00x |
| RETAIL | — | 2,466 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Maxvolt Energy Industries Limited is bringing an initial public offering (IPO) in the Energy / Electrical Equipment sector with an aggregate issue size of ₹54 Crores. The shares are offered at a price band of ₹171 to ₹180 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 2025-02-14, the basis of allotment is scheduled to be finalized on 2025-02-17. 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.
Currently, Maxvolt Energy Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹171 to ₹180 per equity share.
The retail lot size is 800 shares requiring a minimum application amount of ₹1,44,000. Expected listing price is ₹180 per equity share.
The Maxvolt Energy Industries Limited IPO aggregate issue size is ₹54 Crores with an equity price band set at ₹171 to ₹180 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,44,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.30x (Retail: 1.97x, QIB: 6.76x, NII: 1.81x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-02-17. Investors can verify status using PAN card or application number.
Maxvolt Energy Industries Limited shares are scheduled to list on NSE on 2025-02-19.