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Maxvolt Energy Industries Ltd

Registered Office : F-108 Plot #. 1 F/F United Plz,Community Centres Karkadooma,New Delhi Delhi 110092 Phone : +91 98104 06453
Fax :

Email : investorrelations@maxvoltenergy.com

Website : www.maxvoltenergy.com

Initial public offer of upto 30,00,000 equity shares of face value of Rs. 10/- each (the "equity shares") of maxvolt energy industries limited ("the company" or "MEIL" or "the issuer") at an offer price of Rs. 180 per equity share for cash, aggregating up to Rs. 54.00 crores comprising of fresh offer of up to 24,00,000 equity shares aggregating to Rs. 43.20 crores ("Fresh offer") and an offer for sale of up to 6,00,000 equity shares by Preeti Gupta ("selling shareholder") aggregating to Rs. 10.80 crores ("offer for sale") ("public offer"). The offer includes a reservation of up to 1,52,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 180 per equity share for cash, aggregating Rs. 2.74 crores will be reserved for subscription by the market maker to the offer (the "market maker reservation portion"). The public offer less market maker reservation portion i.e. net offer of up to 28,48,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 180 per equity share for cash, aggregating upto Rs. 51.26 crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.51% and 26.12% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs. 180 per equity share of face value of Rs. 10 each. The Floor price is 18 times the face value of the equity shares respectively. Bids can be made for a minimum of 800 equity shares and in multiple of 800 equity shares thereafter.

Issue

Opens On

Closes On

12-Feb-2025

14-Feb-2025

Money Payable On

Application

Allotment

180.00

0.00

Minimum Application for shares in Nos : 800.0 Further Multiples of : 800.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

40.35

54.00

10.90

180.00

Smart Horizon Capital Advisors Pvt Ltd

Projects

Repayment or prepayment in full or in part of borrowings availed by the company from banks, financial institutions and non-banking financial companies

Funding of capital expenditure requirements of the company towards purchase of plant and machineries

General corporate purposes

Promoted By

Bhuvneshwar Pal Singh

Vishal Gupta

Sachin Gupta

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd