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Maxvolt Energy SME IPO Subscription Status

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Maxvolt Energy SME IPO closed on 14 February 2025 with an overall subscription of 3.23x based on shares applied. QIB demand came in at 6.76x, NII at 1.45x, and retail at 1.97x.

Allotment will be finalised on 17 February 2025. The stock is scheduled to list on NSE and BSE on 19 February 2025.

Issue Price

Rs 180.00

GMP Today

-

Overall Subscription

3.23x

Issue Size

₹54.00 Cr

Allotment Date

17 Feb 2025

Listing Date

19 Feb 2025

Maxvolt Energy SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 180.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 10.24 CrRs 69.25 Cr6.76x
NIIRs 7.70 CrRs 11.17 Cr1.45x
INDRs 18.00 CrRs 35.51 Cr1.97x
TotalRs 35.94 CrRs 115.93 Cr3.23x

Maxvolt Energy SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB5,68,80038,47,2006.76x
NII4,28,0006,20,8001.45x
IND10,00,00019,72,8001.97x
Total19,96,80064,40,8003.23x

What Do These Subscription Numbers Mean?

A subscription of 3.23x by shares means the IPO received bids for 3 times the shares reserved. Allotment odds depend on application count in each category, not share volume.

Here is what each category number tells you:

QIB at 6.76x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 6.76x, it reflects serious institutional conviction.

NII at 1.45x by shares: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription.

Retail at 1.97x by shares: Allotment is by lottery, but application-wise data is needed for accurate 1-in-X odds. Share oversubscription often overstates how hard allotment is.

Maxvolt Energy SME IPO Allotment Chances

Allotment odds below use application subscription (number of bids received), not share or amount subscribed.

Retail (IND)

  • Share subscription: 1.97x (application-wise data pending).
  • Allotment odds will be updated once application subscription is synced.

Check the Maxvolt Energy SME IPO Allotment Status page from 17 February 2025 for your allotment result.

Maxvolt Energy SME IPO Day-wise Subscription

DayQIBNIIRetailOverall
Day 1 - 12 Feb 20251.03x0.41x0.36x0.56x
Day 2 - 13 Feb 20254.48x0.14x0.84x1.73x
Day 3 - 14 Feb 20256.76x1.45x1.97x3.23x

Maxvolt Energy SME IPO Key Dates

EventDate
IPO Open Date12 February 2025
IPO Close Date14 February 2025
Allotment Date17 February 2025
Refund Initiation18 February 2025
Share Credit to Demat18 February 2025
Listing Date19 February 2025
Minimum InvestmentRs 2,88,000.00
Lot Size800 shares

About Maxvolt Energy SME

Maxvolt Energy Industries Limited, incorporated in 2019, specializes in manufacturing lithium-ion batteries. The company produces batteries for electric vehicles, energy storage, and electronics, selling through dealers, distributors, and OEMs under the MaxVolt Energy brand. It also offers customized battery packs, graphene battery packs, and chargers under its own brand.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors

High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.

IND - Individual Investors

Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.

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Maxvolt Energy SME IPO Subscription FAQs

What is Maxvolt Energy SME IPO subscription status today?

Maxvolt Energy SME IPO subscription closed on 14 February 2025 with overall subscription of 3.23x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 6.76x, NII 1.45x, IND 1.97x.

What is the overall subscription of Maxvolt Energy SME IPO?

Maxvolt Energy SME IPO is subscribed 3.23x overall by shares at close on 14 February 2025. QIB 6.76x, NII 1.45x, and IND 1.97x.

What is Maxvolt Energy SME IPO QIB subscription?

Maxvolt Energy SME IPO QIB (Qualified Institutional Buyers) subscription is 6.76x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Maxvolt Energy SME IPO IND subscription?

Maxvolt Energy SME IPO IND subscription is 1.97x by shares. Minimum retail bid is up to Rs 2 lakh per PAN.

What is Maxvolt Energy SME IPO NII subscription?

Maxvolt Energy SME IPO NII (Non-Institutional Investors) subscription is 1.45x by shares. NII covers bids above Rs 2 lakh.

What are allotment chances in Maxvolt Energy SME IPO for retail?

Maxvolt Energy SME IPO retail share subscription is 1.97x. Application-wise data is needed for accurate lottery odds.

When is Maxvolt Energy SME IPO allotment date?

Maxvolt Energy SME IPO allotment date is 17 February 2025. Check Maxvolt Energy SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Maxvolt Energy SME IPO subscription close?

Maxvolt Energy SME IPO subscription closed on 14 February 2025. No new applications are accepted after the close.

What is Maxvolt Energy SME IPO GMP today?

GMP for Maxvolt Energy SME IPO is not available yet. Track Maxvolt Energy SME IPO GMP Today on IPOwiz once grey market activity starts.

What is Maxvolt Energy SME IPO issue price and lot size?

Maxvolt Energy SME IPO issue price is ₹180 per share. Lot size is 800 shares. Minimum investment is ₹2,88,000 per lot (minimum 2 lots for SME). Issue size: ₹54.00 Cr.

When is Maxvolt Energy SME IPO listing date?

Maxvolt Energy SME IPO listing date is 19 February 2025 on NSE and BSE. Allotment is on 17 February 2025.

How does subscription affect Maxvolt Energy SME IPO allotment?

Allotment odds in Maxvolt Energy SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 3.23x overall, competition is moderate.

For allotment results from 17 February 2025, visit the Maxvolt Energy SME IPO Allotment Status page. For listing day updates on 19 February 2025, download the IPOwiz App.

Reviewed by Dinesh Agrawal

15+ years in Indian capital markets and IPO research. Subscription data verified before publish.