Maxvolt Energy Industries Ltd Company Summary

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.Company is led by Promoters Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta and Mr. Sachin Gupta. They are involved in critical aspects of business, including expansion, process and plant, finance, sales and marketing etc. Company is an ISO 9001:2015 certified for manufacturing of lithium batteries for electric vehicles, energy storage solutions, electronic gadgets, medical equipments, lithium chargers. The Manufacturing unit is situated at Ghaziabad, Uttar Pradesh.Company is primarily engaged in the business of manufacturing of lithium-ion batteries supplied through a diversified sales & distribution mix viz. authorised dealers and distributors and OEMs under the brand of MaxVolt Energy widely used in Electric Vehicles (i.e., E-Scooter, E- Rickshaw, ECycle), Energy Storage and Electronics Gadgets etc. It manufacture customised batteries packs as per the requirement of manufacturers of different industries. 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 is planning an Initial Public Offer of 30,00,000 Equity Shares comprising a Fresh Issue upto 24,00,000 Equity Shares and upto 6,00,000 Equity Shares through Offer for Sale.