HomeIPO SMEMaks Energy Solutions India IPO Details

Maks Energy Solutions India IPO Details

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Subscription StatusAllotment StatusListing Date

Maks Energy Solutions India IPO subscription is to open on Sep 16, 2022 and will close on Sep 20, 2022, the price band of the Maks Energy Solutions IPO is fixed at ₹ 20. Maks Energy Solutions India in the business of trading, assembly and supply of generator sets and has been instrumental in expanding the business to reach the international markets.

Maks Energy Solutions India IPO

About Maks Energy Solutions India

Maks Energy Solutions India in the business of trading, assembly and supply of generator sets and has been instrumental in expanding the business to reach the international markets. The main business of the company is purchasing Diesel Engines, Alternators and other parts from their suppliers and assembling the Diesel Generating Sets and selling these Diesel Generating Sets and the spare parts of DG Sets into domestic and export markets

Objects of the Issue

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

Maks Energy Solutions India Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 3,586.58 4,114.73 4,230.54
Total income 2,824.66 2,091.75 4,335.03
Total Expenses 2,629.60 2,090.76 4,110.12
Profit After Tax 51.34 (0.80) 168.77

Maks Energy Solutions India IPO Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 19,98,000 Equity Shares of ₹ 10 (aggregating up to ₹ 399.60 lakhs)
Issue Open  Date16-Sep-22
Issue Close Date20-Sep-22
Issue TypeFixed Price
IPO Price Band₹ 20
Face Value ₹ 10
Market Lot 6000 Equity Shares and in multiples thereof
Minimum Order Quantity 6000 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolMAKS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Maks Energy Solutions India IPO DRHP & RHP

Maks Energy Solutions India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum16000₹ 1,20,000
Maximum16000₹ 1,20,000

Maks Energy IPO Lead Managers

  • Sun Capital Advisory Securities Private Limited

Maks Energy IPO Registrar

Maks Energy IPO Allotment Date, Listing Date and other Important Dates

DescriptionDate
Bid / Offer Opens on16-Sep-22
Bid / Offer Closes on20-Sep-22
Finalisation of Basis of Allotment23-Sep-22
Initiation of refunds 26-Sep-22
Credit of the Equity Shares26-Sep-22
Listing Date28-Sep-22

Company Registered Office

Showroom – 1, 599/600 Rasta Peth,
Shubham Society,
Near- Parsi Agyari,
Pune – 411011,
Maharashtra, India
Website: www.maksgenerators.com

Company Promoters

  • Mr. Sourabh Mahendra Shaw

Maks Energy Solutions India IPO – FAQS

What is the Maks Energy Solutions IPO Price?

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The Maks Energy Solutions IPO price band is 20 per share

When Maks Energy Solutions IPO will open?

The Maks Energy Solutions IPO opens on Sep 16, 2022 and closes on Sep 20, 2022

What is the lot size of Maks Energy Solutions IPO?

The Maks Energy Solutions IPO lot size is 6000 Equity Shares and the minimum order quantity is 6000 Equity Shares

Who is the Registrar for Maks Energy Solutions IPO?

The Registrar for Maks Energy Solutions IPO is Bigshare Services Private Limited

How to apply in Maks Energy Solutions IPO through UPI?

Check the step-by-step process here – Click here

How to apply in Maks Energy Solutions IPO through Zerodha?

Check the step-by-step process here – Click here

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