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 name | Maks Energy Solutions India Ltd |
| Sector | Capital Goods |
| Industry | Electric Equipment |
| Company Website | https://www.maksgenerators.com/ |
Dates to remember
| IPO Opening date | 16 September 2022 |
| IPO Closing | 20 September 2022 |
| Basis of Allotment | 23 September 2022 |
| Initiation Refunds | 26 September 2022 |
| Credit to Demat Account | 26 September 2022 |
| Listing Date | 28 September 2022 |
Maks Energy IPO Details
| Maks Energy IPO Date | Sep 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 Size | 6000 Shares |
| Issue Size | 1,998,000 shares of ₹10 (aggregating up to ₹4.00 Cr) |
| Fresh Issue | 1,998,000 shares of ₹10 (aggregating up to ₹4.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Maks Energy IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
Maks Energy Solutions Financial Performance
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 4230.54 | 4335.03 | 168.77 |
| 31-Mar-21 | 4114.73 | 2091.75 | -0.8 |
| 31-Mar-22 | 3586.58 | 2824.66 | 51.34 |
MAKS Energy Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.45 | (0.67) | (2.17) |
| PE ratio | – | – | – |
| RONW (%) | (9.34) | (2.62) | 13.15 |
| NAV | 26.06 | 25.39 | 23.22 |
| Debt/Equity ratio | 2.29 | 2.28 | 2.13 |
| ROCE (%) | 34.8 | 16.96 | 29.07 |
Company Promoters
- Mr. Sourabh Mahendra Shaw
Maks Energy IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 71.19% |
Lead Manager(s)
- Sun Capital Advisory Services (P) Ltd
MAKS Energy Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
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
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
MAKS Energy IPO Contact Details
MAKS ENERGY SOLUTIONS INDIA LIMITED
Showroom-1, 599/600 Rasta Peth,
Shubham Society, Near – Parsi Agyari,
Pune – 411011, Maharashtra, India
Phone: +91 83790 69555
E-mail: maksenergy@gmail.com
Website: www.maksgenerators.com
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
