Maxvolt Energy Industries Ltd is primarily engaged in the business of manufacturing of lithium-ion batteries of various range supplied through a diversified sales & distribution mix viz. authorised dealers and distributors and OEMs under our brand name of “MaxVolt Energy” widely used in Electric Vehicles (i.e., E-Scooter, E- Rickshaw, ECycle), Energy Storage and Electronics Gadgets etc.
They also manufacture customised batteries packs as per the requirement of manufacturers of different industries. In addition to manufacturing, they are supplier of Graphene Battery packs and Battery Chargers designed and developed by us in their own brand name. They designate some of dealers and distributors as service centres. As on September 30, 2024, they have services centre in the states Uttar Pradesh, Delhi, Bihar, Madhya Pradesh and Gujarat across, dealers and distributors have access to these service network to resolve the defects in the batteries. These service centers help us to provide fast and hassle-free service to their dealers and end customers.
Their Company is an ISO 9001:2015 certified. Their Manufacturing unit situated at E- 82, Industrial Area, Bulandshar Road, Ghaziabad, Uttar Pradesh spread across in 18,000 square feet. Their manufacturing Unit is strategically located in the central part with availability of all modes of transportation and facilitates convenient transportation of their products, sourcing of raw materials and easy access to customers. Their registered office is located at F-108, Plot No. 1 F/F United Plaza, Community Centre, Karkardooma, New Delhi. They currently manufacture a variety of batteries and have combined capacity to manufacture up to 97.2 MWh batteries as on September 30, 2024. They intend to enhance their production capabilities through backward integration vide establishing a new battery line facility at their factory situated E-82, Industrial Area, Bulandshar Road, Ghaziabad, Uttar Pradesh, along with additional machineries for expansion.
They intend to expand their capacity and increasing their product offerings through the expansion of their existing facilities, addition of battery lines, which will allow us to produce a new line of parts such as re-cycling of used batteries. Their manufacturing process is integrated from procurement of raw materials to final testing. They have in-house testing facility to test their raw materials to match the quality standards. Before commencement of the manufacturing process, the raw materials purchased by their Company have to undergo a quality check, to ensure that they are of relevant quality and match the standards as specified.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.
In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).
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In case the allotment is not done then bank will unblock the application money from the bank accounts upon receiving instructions from the Registrar.
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