IPO Trending
MAKSSME / NSEListed
Maks Energy Solutions India

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.

DRHP
₹20 - ₹2026.3x sub
Listed Price₹20.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price FPO
Open16 Sep 2022
Close20 Sep 2022
Allotment23 Sep 2022
Listing28 Sep 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,02,000 shares
5.11%
Nii (hni)9,48,000 shares
47.45%
Retail9,48,000 shares
47.45%

Minimum Application Lots

Retail1 Lot (6,000 shares)
₹1,20,000
HNI2 Lots (12,000 shares)
₹2,40,000

Company Promoters

Mr. Sourabh Mahendra Shaw

Company Background

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...

Lead Managers & Bankers

Sun Capital Advisory Services (P) Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹4335.03 Cr
Growth+53.5%
Revenue Trend (₹ in Crores)
0.01.7k3.3k5.0kMar-22 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 4335.03168.774230.540
Mar-21 2091.75-0.84114.730
Mar-22 2824.6651.343586.580

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
23 Sep 2022
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
28 Sep 2022

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Maks Energy Solutions India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization23 Sep 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date28 Sep 2022Trading commences on exchange

How to Check Maks Energy Solutions India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Maks Energy Solutions India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Maks Energy Solutions India IPO

Complete issue overview for Maks Energy Solutions India (MAKS) IPO. The issue features an equity share price band of ₹20 per share with a minimum retail lot size of 6000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions