MaxVolt Energy Industries Gears Up for ₹54 Crore IPO Launch

MaxVolt Energy Industries Limited is set to launch its IPO from February 12-14, 2025, with the goal of raising up to ₹54 crores. The offer includes 30,00,000 shares, with plans to use the proceeds for debt repayment, capital expenditure, and general corporate purposes. Shares will list on NSE Emerge.

MaxVolt Energy Industries Limited has announced its upcoming Initial Public Offering (IPO) scheduled for February 12 to 14, 2025. The company aims to raise ₹54 crores by offering 30,00,000 equity shares at a price range of ₹171 to ₹180 per share.

The IPO seeks to fund debt repayment, capital expenditure for new machinery, and other corporate objectives. The shares will be listed on the NSE Emerge platform, with Smart Horizon Capital Advisors Pvt. Ltd. managing the offer.

Founded in 2019, MaxVolt Energy specializes in manufacturing lithium-ion batteries used in electric vehicles and consumer electronics. The company has established a strong distribution network and operates service centers in five Indian states, providing efficient customer support.