Maks Energy Solutions India Ltd
NSE SME₹120,000 / 6000 Shares
Maks Energy Solutions India Ltd IPO Details
The Maks Energy Solutions India Ltd IPO price band is set between ₹20 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 16 Sep, 2022 and closes on 20 Sep, 2022. Investors can check the allotment status on 24 Sep, 2022, while the listing date is tentatively scheduled for 28 Sep, 2022.
The total issue size is 1,998,000 shares of ₹10, aggregating up to ₹4.00 Cr. Stay tuned for the latest Maks Energy Solutions India Ltd IPO review and GMP updates.
Maks Energy Solutions India Ltd IPO Review, Rating & Analysis
Maks Energy Solutions India Ltd IPO Review
NO REVIEWMaks Energy Solutions India Ltd IPO Rating
Maks Energy Solutions India Ltd IPO Highlights
IPO Date
Sep 16, 2022 - Sep 20, 2022
Listing Date
28 Sep, 2022
Face Value
₹10 Per Equity Share
Price Band
₹20 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Maks Energy Solutions India Ltd IPO Lot Size
The minimum market lot for Maks Energy Solutions India Ltd IPO is 6000 shares with an application amount of ₹1,20,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,20,000 |
| Retail (Max) | 1 | 6000 | ₹1,20,000 |
| S-HNI (Min) | 2 | 12000 | ₹2,40,000 |
| S-HNI (Max) | 8 | 48000 | ₹9,60,000 |
| B-HNI (Min) | 9 | 54000 | ₹10,80,000 |
Maks Energy Solutions India Ltd IPO Timeline
Issue Price
₹20 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Sun Capital Advisory Services (P) LtdIssue Size
1,998,000 shares of ₹10(aggregating up to ₹4.00 Cr)Maks Energy Solutions India Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 20 | 4230.54 | 4335.03 | 168.77 | - | - | - |
| 31 Mar 21 | 4114.73 | 2091.75 | -0.8 | - | - | - |
| 31 Mar 22 | 3586.58 | 2824.66 | 51.34 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Mr. Sourabh Mahendra Shaw i
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 71.19% |
About Company
Maks Energy Solutions India Limited is engaged in the business of trading, dealing, assembling, selling, installing, testing and commissioning generator and Diesel Generator (DG) Sets.Maks Energy Solutions India Business Verticles :
1. Trading, assembly and selling of diesel generator sets and ancillary products.
2. Distribution of commercial vehicle spare parts.
The company is engaged in the purchasing of Diesel Engines, Alternators and other parts from the suppliers and assembling the Diesel Generating Sets and selling those Diesel Generating Sets and the spare parts of DG Sets into domestic and export markets. The company also distributes auto spare parts in the state of Maharashtra, India.
Maks Energy Solutions India exports generator sets to countries in the Middle East, South East Asia and some parts of Africa. The company's assembling facility is located in Pune, Maharashtra.
Revenue for the Fiscals 2020, 2021 and 2022 is Rs. 4,217.18 Lakhs, Rs. 2,070.95 Lakhs and Rs. 2553.76 Lakhs.
Maks Energy Solutions India Ltd IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 948,000 | 948,000 | 1,896,000 |
Day 1 -16-09-22 06:00 PM | 0.07 x | 0.59 x | 0.33 x |
Day 2 -19-09-22 06:00 PM | 1.87 x | 2.62 x | 2.25 x |
Day 3 -20-09-22 06:00 PM | 36.20 x | 16.43 x | 26.31 x |
Frequently Asked Questions about Maks Energy Solutions India Ltd IPO
When will Maks Energy Solutions India Ltd IPO open for subscription?
The Maks Energy Solutions India Ltd IPO opens on 16 Sep, 2022 and closes on 20 Sep, 2022.
What is the investors portion for Maks Energy Solutions India Ltd IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 948000.
How to apply for Maks Energy Solutions India Ltd IPO?
You can apply for Maks Energy Solutions India Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Maks Energy Solutions India Ltd IPO?
The issue size of Maks Energy Solutions India Ltd IPO is approx ₹1,998,000 shares of ₹10(aggregating up to ₹4.00 Cr) crores.
What is the price band of Maks Energy Solutions India Ltd IPO?
The price band for Maks Energy Solutions India Ltd IPO is ₹20 per equity share to ₹undefined.
What is the lot size of Maks Energy Solutions India Ltd IPO?
The minimum bid (lot size) for Maks Energy Solutions India Ltd IPO is N/A shares with an investment of approx ₹120,000 .
What is the allotment date of Maks Energy Solutions India Ltd IPO?
The allotment date for Maks Energy Solutions India Ltd IPO is 24 Sep, 2022.
What is the listing date of Maks Energy Solutions India Ltd IPO?
The listing date for Maks Energy Solutions India Ltd IPO is expected to be 28 Sep, 2022.
What is the GMP of Maks Energy Solutions India Ltd IPO?
The latest Grey Market Premium (GMP) for Maks Energy Solutions India Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.