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Maks Energy Solutions India Limited

Maks Energy Solutions India Limited is engaged in trading, assembling, selling, installing, testing, and commissioning generator and diesel generator (DG) sets, with business verticals spanning DG set trading and assembly as well as the distribution of commercial vehicle spare parts. The company procures diesel engines, alternators, and other components from suppliers, assembles DG sets, and sells them along with related spare parts in both domestic and export markets, while also distributing auto spare parts within Maharashtra. Maks Energy exports DG sets to regions including the Middle East, Southeast Asia, and parts of Africa, and operates its assembly facility in Pune, Maharashtra. The company reported revenues of ₹4,217.18 lakh in FY2020, ₹2,070.95 lakh in FY2021, and ₹2,553.76 lakh in FY2022.

₹20 - ₹2026.3x sub
Listed Price20.00
Listing Gain+0.00%
TimelineFixed Price FPO
Open16 Sep 2022
Close20 Sep 2022
Allotment23 Sep 2022
Listing28 Sep 2022

Quota Reservation Portions

Market MakerPortion: 1,02,000 shares
5.11%
Nii (hni)Portion: 9,48,000 shares
47.45%
RetailPortion: 9,48,000 shares
47.45%

Minimum Application Bracket Matrix

Retail1 lots / 6,000 shares
₹1,20,000
HNI2 lots / 12,000 shares
₹2,40,000

About the Company

Maks Energy Solutions India Limited is engaged in trading, assembling, selling, installing, testing, and commissioning generator and diesel generator (DG) sets, with business verticals spanning DG set trading and assembly as well as the distribution of commercial vehicle spare parts. The company procures diesel engines, alternators, and other components from suppliers, assembles DG sets, and sells them along with related spare parts in both domestic and export markets, while also distributing auto spare parts within Maharashtra. Maks Energy exports DG sets to regions including the Middle East, Southeast Asia, and parts of Africa, and operates its assembly facility in Pune, Maharashtra. The company reported revenues of ₹4,217.18 lakh in FY2020, ₹2,070.95 lakh in FY2021, and ₹2,553.76 lakh in FY2022.

Company Promoters

Mr. Sourabh Mahendra Shaw