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Maxvolt Energy SME IPO Subscription

Listed

Updated 19 February 2025, 9:15 AM IST· NSE SME

Maxvolt Energy SME IPO subscription closed on 14 February 2025 at 3.23x overall by shares. QIB demand came in at 6.76x, NII at 1.45x, and retail at 1.97x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 17 February 2025. Listing date on NSE and BSE is 19 February 2025.

Issue Price
Rs 180.00
GMP Today
-
Overall Sub
3.23x
Issue Size
₹54.00 Cr
Allotment
17 Feb 2025
Listing
19 Feb 2025

Maxvolt Energy SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

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 Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Maxvolt Energy SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)1.97x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

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

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?

3.23x overall by shares means bids covered about 3 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 6.76x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (1.45x by shares). SHNI and BHNI allotment is by lottery.

Retail at 1.97x by shares. Exact lottery chances need application data.

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 (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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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 August 2026, 4:32 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. Retail bids are up to Rs 2 lakh per PAN.

What is Maxvolt Energy SME IPO NII, SHNI, and BHNI subscription?

Maxvolt Energy SME IPO NII subscription is 1.45x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Maxvolt Energy SME IPO retail allotment chances?

Maxvolt Energy SME IPO retail share subscription is 1.97x. Application data is needed for exact lottery chances.

What are Maxvolt Energy SME IPO SHNI allotment chances?

Maxvolt Energy SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Maxvolt Energy SME IPO BHNI allotment chances?

Maxvolt Energy SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

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?

In Maxvolt Energy SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. 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.

Sources

We match Maxvolt Energy SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.