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Past performance
About Maxvolt Energy Industries Ltd Maxvolt Energy Industries Limited, established on May 9, 2019, and transitioned to a public limited entity in August 2024, is a leader in manufacturing lithium-ion batteries and related energy storage solutions. Headquartered in Ghaziabad, Uttar Pradesh, the ISO 9001:2015-certified company serves diverse sectors, including electric vehicles (EVs), medical equipment, electronics, and energy storage. The company, led by its promoters Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta, and Mr. Sachin Gupta, focuses on customising battery packs for various industries and expanding its footprint in the market.
Operating under the brand 'MaxVolt Energy,' the company caters to a diversified clientele through authorised dealers, distributors, and Original Equipment Manufacturers (OEMs). Key applications of its products include E-scooters, E-rickshaws, and E-cycles. It also manufactures graphene battery packs and chargers under its brand and designates some dealers and distributors as service centers to strengthen after-sales support. The company boasts a robust manufacturing capacity of 97.2 MWh to meet growing demand.
To fuel further growth and expansion, Maxvolt Energy Industries Limited is planning an Initial Public Offering (IPO) of 30,00,000 equity shares. The IPO comprises a fresh issue of up to 24,00,000 shares and an offer-for-sale of up to 6,00,000 shares. This IPO positions the company for enhanced market standing and financial flexibility to support its ambitious growth trajectory.
With a focus on innovation, customization, and sustainability, Maxvolt Energy presents itself as a promising opportunity for traders and investors looking to capitalize on the evolving energy and electric vehicle markets.