Maks Energy Solutions India Ltd IPO

NSE SME

Listed On: Sep 28, 2022 at ₹ 20.0

₹ 120000 /6000 Shares

Check Allotment

Maks Energy Solutions India Ltd IPO Details

16 Sep, 2022

Open Date

20 Sep, 2022

Close Date

24 Sep, 2022

Allotment Date

28 Sep, 2022

Listing Date

Issue Price

₹20 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

20.0

Listing Date

2022-09-28

Market Lot

6000 Shares (₹120,000/-)

Lead Manager

Sun Capital Advisory Services (P) Ltd

Issue Size

1,998,000 shares of ₹10(aggregating up to ₹4.00 Cr)

Retail Portion

N/A

Subscription

26.31 times

IPO Docs

DRHP RHP

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

Maks Energy Solutions India Ltd Valuations

Earnings Per Share (EPS)

₹(-2.17)/-

P/E Ratio

N/A

RoNW

(-9.34)%

Net Asset Value (NAV) - Post Issue

₹23.22/-

Maks Energy Solutions India Ltd Company Financials All values are in ₹ Lakh

	31-Mar-20	31-Mar-21	31-Mar-22
Assets	4230.54	4114.73	3586.58
Revenue	4335.03	2091.75	2824.66
Profit After Tax	168.77	-0.8	51.34

About The 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 - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 71.19%

Company Promoter(s)

Mr. Sourabh Mahendra Shaw i

Maks Energy Solutions India Ltd IPO - Issue Objectives

Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.
General Corporate Purpose

Maks Energy Solutions India Ltd IPO - FAQs

Ans. Maks Energy Solutions India Ltd IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Sep 16, 2022, and closes on Sep 20, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Maks Energy Solutions India Ltd IPO opens on Sep 16, 2022 and closes on Sep 20, 2022.

Ans. The size of Maks Energy Solutions India Ltd IPO is 1,998,000 shares of ₹10(aggregating up to ₹4.00 Cr).

Ans. The IPO price band is set between ₹20 per equity share.

Ans. To apply for Maks Energy Solutions India Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Maks Energy Solutions India Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Maks Energy Solutions India Ltd IPO is Sep 24, 2022.

Ans. The Maks Energy Solutions India Ltd IPO will be listed on Sep 28, 2022.

Ans. Follow the steps to check the allotment status for Maks Energy Solutions India Ltd IPO here.