Maks Energy Solutions IPO

Maks Energy Solutions IPO Details

Maks Energy Solutions IPO will open for subscription from 16 September 2022. the company aims for an issue size of ₹4.00 Cr through this fixed price issue IPO.

Maks Energy Solutions India Ltd

The company is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator (DG) Sets.

MES 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.

Objects of the Issue

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

Basic details about the company

Full nameMaks Energy Solutions India Ltd
SectorCapital Goods
IndustryElectric Equipment
Company Website

Dates to remember

IPO Opening date16 September 2022
IPO Closing20 September 2022
Basis of Allotment23 September 2022
Initiation Refunds26 September 2022
Credit to Demat Account26 September 2022
Listing Date28 September 2022

Maks Energy IPO Details

Maks Energy IPO DateSep 16, 2022, to Sep 20, 2022
Maks Energy IPO Face Value₹10 per share
Maks Energy IPO Price₹20 per share
Maks Energy IPO Lot Size6000 Shares
Issue Size1,998,000 shares of ₹10
(aggregating up to ₹4.00 Cr)
Fresh Issue1,998,000 shares of ₹10
(aggregating up to ₹4.00 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
NII (HNI) Shares Offered50%
Retail Shares Offered50%

Maks Energy IPO Lot Size

Retail (Min)16000₹120,000
Retail (Max)16000₹120,000

Maks Energy Solutions Financial Performance

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Figures are in ₹ Lakhs)

MAKS Energy Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio
RONW (%)(9.34)(2.62)13.15
Debt/Equity ratio2.292.282.13
ROCE (%)34.816.9629.07

Company Promoters

  • Mr. Sourabh Mahendra Shaw

Maks Energy IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding71.19%

Lead Manager(s)

  • Sun Capital Advisory Services (P) Ltd

MAKS Energy Offer Registrar

Office No. S6 – 2, 6th Floor,
Pinnacle Business Park, Next to Ahura Centre,
Mahakali Cave Road, Andheri (East),
Mumbai – 400093, Maharashtra
Phone: 22 6263 8200

MAKS Energy IPO Contact Details

Showroom-1, 599/600 Rasta Peth,
Shubham Society, Near – Parsi Agyari,
Pune – 411011, Maharashtra, India
Phone: +91 83790 69555

MAKS Energy IPO Allotment Status

MAKS Energy IPO allotment will be available on Bigshare Services’ website.

Click on this link to get allotment status.

Final thoughts

Maks Energy Solutions ipo is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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