Maks Energy IPO is engaged in the business of trading, dealing, assembling, selling, installing, testing and commissioning generator and Diesel Generator.
MAKS ENERGY IPO – Overview
| IPO Dates | 16-20 sept 2022 |
| IPO Price | INR 20 per share |
| Fresh issue | 1,998,000 shares (INR 4 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,998,000 shares (INR 4 crore) |
| Minimum bid (lot size) | 6000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
MAKS ENERGY IPO -Tentative Dates
| IPO Offer Opening Date | 16 September 2022 |
| IPO Closing Date | 20 September 2022 |
| Finalisation of Basis of Allotment | 23 September 2022 |
| Initiation of refunds | 26 September 2022 |
| Transfer of shares to demat accounts | 26 September 2022 |
| IPO Listing Date | 28 September 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
Maks Energy Solutions India Limited is engaged in the business of trading, dealing, assembling, selling, installing, testing and commissioning generator and Diesel Generator (DG) Sets.
Maks Energy Solutions 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, Southeast Asia and some parts of Africa. The company’s assembling facility is located in Pune, Maharashtra.
Objects of the Issue
- Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.
- General Corporate Purposes
Company Financials
| Particulars | 31-March-22 | 31-June-21 | 31-Mar-20 |
| Total Assets | 3586.58 | 4114.73 | 4230.54 |
| Total Revenue | 2824.66 | 2091.75 | 4335.03 |
| Profit After Tax | 51.34 | -0.8 | 168.77 |
Company Contact Information
Maks Energy Solutions India Ltd
Showroom-1, 599/600 Rasta Peth,
Shubham Society, Near – Parsi Agyari,
Pune – 411011
Phone: +91 83790 69555
Email: maksenergy@gmail.com
Website: http://www.maksgenerators.com/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
- Sun Capital Advisory Services (P) Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
