Maxvolt Energy Industries Ltd Summary
Maxvolt Energy Industries Limited was originally incorporated on May 09, 2019 under the name Maxvolt Energy Industries Private Limited under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of our Company was changed to public limited Company and the name of our Company was changed to Maxvolt Energy Industries Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on June 18, 2024. The fresh certificate of incorporation consequent to conversion was issued on August 27, 2024 by the Centralised Processing Centre.MaxVolt Energy Industries Limited is a leading manufacturer and supplier of advanced Lithium battery packs for Electric Vehicles.
Company drive innovation in energy storage solutions with a diverse portfolio serving a wide range of industries and applications. The Company has a Manufacturing Capacity 72,000 Units Per Annum. The Manufacturing unit is situated at Ghaziabad, Uttar Pradesh.
In addition to manufacturing, Maxvolt is a supplier of Graphene Battery packs and Battery Chargers designed and developed by its own brand name. The Company designate some of dealers and distributors as service centres. It currently manufacture a variety of batteries and have combined capacity to manufacture up to 97.2 MWh batteries.
The Company launched the IPO of 30,00,000 equity shares of face value Rs 10 each by raising Rs 54 Crores in February, 2025. The IPO comprises a fresh issue of 24,00,000 equity shares aggregating to Rs 43.2 Crores and the offer for sale of 6,00,000 equity shares aggregating to Rs 10.8 crores. The Company has established a state-of-the-art lithium battery recycling plant in Aligarh, Uttar Pradesh in FY 2025.