Maks Energy Solutions India Ltd IPO Details and Review

Maks Energy Solutions India Ltd IPO Details and Review

Maks Energy Solutions India Limited is engaged in trading, dealing, assembly, sale, installation, test, and commissioning generators and diesel generating sets (DGs). MAKS Energy has distinguished itself as the leading manufacturing and exporting company in the silent Generator Sets sector. It has been an expert in the generator business for more than 35 years. 

The Company is involved in the business of Trading, Dealing, Assembly, Selling, Installing, Testing, and Commissioning of Diesel Generators & Generator Sets (DG). The company is involved in two distinct verticals such as dealing, assembling, and selling Diesel Generator Sets and accessories, and distributing spare parts for commercial vehicles. 

MAKS has established 5 standalone sales & service offices across various cities in India (Pune, Delhi, Kolkata, Chennai & Ranchi). MAKS generators have dealers also located outside of India in Europe, Latin America, United States, Singapore, Middle East, Africa, Thailand, Nepal, Sri Lanka, and several other countries. You can check the Maks Energy IPO subscription status as well as the Maks Energy IPO allocation status from the relevant pages. 

Important Dates

IPO Opening DateSeptember 16, 2022
IPO Closing DateSeptember 20, 2022
Basis of AllotmentSeptember 23, 2022
Initiation of RefundsSeptember 26, 2022
Credit of Shares to DematSeptember 26, 2022
IPO Listing DateSeptember 28, 2022

Maks Energy Solutions India Ltd IPO Details

IPO Price Band₹20 Per Equity Share
IPO Lot SizeMinimum 6000 shares for 1 lot
Minimum Amount₹1,20,000 for 1 lot
IPO SizeApprox. ₹4.00 Crores
Listing AtBSE, NSE
Offer for Sale1,998,000 Equity Shares
Retail Quota:50%
QIB Quota:
NII Quota:50%
DRHP Draft Prospectus:Click Here
Click HereClick Here

Maks Energy Solutions India Ltd IPO GMP (Grey Market Premium)

DateGMPSubject toListing Gain
24 September

Maks Energy Solutions India Ltd IPO Allotment Status

Maks Energy Solutions India Ltd IPO Allotment Status (Allotment will be done on September 23, 2022)Click Here

Maks Energy Solutions India Ltd IPO Subscription Status Live

Investor CategorySubscription (times)
Qualified Institutions
Non-Institutional Buyers36.20
Retail Investors16.43
Employees
Others
Total26.31

Maks Energy IPO Subscription Details (times)

DateNIIRetailTotal
Day 1
Sep 16, 2022
0.070.590.33
Day 2
Sep 19, 2022
1.872.622.25
Day 3
Sep 20, 2022
36.2016.4326.31

Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-204230.544335.03168.77
31-Mar-214114.732091.75-0.8
31-Mar-223586.582824.6651.34

Valuation – FY2022

 Earning Per Share (EPS):₹2.17 per Equity Share
 Price/Earning P/E Ratio:N/A
 Return on Net Worth (RoNW):9.34%
 Net Asset Value (NAV):₹23.22 per Equity Share

Maks Energy Solutions India Ltd IPO Review

What our Expert say about Maks Energy Solutions India Ltd IPO ReviewApply

Objective of the Issue

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

IPO Registrar

Maks Energy IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Website: http://www.bigshareonline.com

Peer Group

  • N/A

Company Promoters

  • Mr. Sourabh Mahendra Shaw

Company Address

Maks Energy Solutions India Ltd
Showroom-1, 599/600 Rasta Peth,
Shubham Society, Near – Parsi Agyari,
Pune – 411011
Phone: +91 83790 69555
Website: http://www.maksgenerators.com/

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