Maxvolt Energy Industries: Maxvolt Energy Industries shares get listed flat at ₹180!Maxvolt Energy Industries: Maxvolt Energy Industries shares get listed flat at ₹180!

Maxvolt Energy Industries shares listed on the NSE at ₹180, the same as its IPO price. The stock opened without any premium or discount. The company’s IPO was open for bidding from February 12, 2025, to February 14, 2025.

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Maxvolt Energy Industries IPO saw a subscription of 3.06 times. The offering included a fresh issue of 15,48,800 shares and an offer for sale (OFS) of 6,00,000 shares by the company’s existing promoters.

Maxvolt Energy Industries manufactures lithium-ion batteries under the “MaxVolt Energy” brand, serving electric vehicles, energy storage, and electronics. It supplies through dealers, distributors, and OEMs, also offering graphene battery packs, chargers, and customized battery solutions tailored for various industries, ensuring advanced energy solutions for diverse applications.

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The objective of Maxvolt Energy Industries’ IPO is to raise funds for business expansion, enhance manufacturing capabilities, invest in research and development, strengthen its sales network, and meet working capital requirements to support growth in the lithium-ion and graphene battery segments.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.