Maxvolt Energy Industries Ltd. has announced public offering of 3000000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 170.00 per share. The gross proceeds of the issue are expected to be Rs 5,400.00 lakhs.

The company's initial public offer (IPO) will open on 12 February 2025 and is expected to close on 14 February 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 171.00-180.00 per share.

The IPO includes a fresh Issue of 3000000 Equity Shares of the Company at an price of Rs 180.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.

Maxvolt Energy Industries Ltd. anticipates using the proceeds of the issue for .

Smart Horizon Capital Advisors Pvt. Ltd. as lead manager & Bigshare Services Pvt. Ltd. is the registrar, to the issue.