Maks Energy Solutions India Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

16 Sep 2021

Close Date

20 Sep 2022

Allotment

23 Sep 2022

Listing Date

28 Sep 2022

Exchange

NSE SME

Price Band

₹20

Listing Price

See chart

Allotment Status

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Price Band

₹20

Per share

Face Value

₹10 per share

Lot Size

6,000 Shares

per lot

Issue Size

19,98,000 shares (aggregating up to ₹4.00 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹120,000

1 lot

Pre-IPO Holding

49,36,790 shares

Promoters

Post-IPO Holding

69,34,790 shares

Promoters

UPI Deadline

2022-09-20

Mandate

Anchor AllotmentWed, 15 Sep 2021

Basis of AllotmentFri, 23 Sep 2022

Refund InitiationMon, 26 Sep 2022

Demat CreditMon, 26 Sep 2022

Listing DayWed, 28 Sep 2022

UPI Mandate Deadline2022-09-20

Sale TypeFresh Capital

Net Offer to Public18,96,000 shares (aggregating up to ₹3.79 Cr)

Market Maker Quota1,02,000 shares (aggregating up to ₹0.2040 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Maks Energy Solutions India Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Sep 2022.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	102,000	—	₹0.20
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	1,998,000	100%	₹4.00

IPO Shares Offered

Maks Energy Solutions India Ltd. IPO total issue size: ₹4.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	102,000	₹0.20	5.11%
Total	1,998,000	₹4.00	100.00%

* Based on upper price band ₹20 per share

Lot Size & Investment

Lot Size

6,000

Shares per Lot

Issue Price

₹20.00

Upper Band

Min Investment

₹120,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	12,000	₹240,000
Retail (Max — 13 Lots)	13	78,000	₹1,560,000
S-HNI (Min — 14 Lots)	14	84,000	₹1,680,000
B-HNI (Min — 68 Lots)	68	408,000	₹8,160,000

* Issue Price ₹20 × Lot Size 6,000 shares

IPO Schedule

Anchor

15 Sep 2021

✓ Done

IPO Open

16 Sep 2021

✓ Done

IPO Close

20 Sep 2022

✓ Done

Allotment

23 Sep 2022

✓ Done

Refunds

26 Sep 2022

✓ Done

Demat Credit

26 Sep 2022

✓ Done

Listing Day

28 Sep 2022

✓ Done

₹20.00

INR · NSE

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Issue ₹20.00 Live Price

About Maks Energy Solutions India Ltd.

Maks Energy Solutions India Limited is engaged in the business of trading, dealing, assembling, selling, installing, testing and commissioning generator and Diesel Generator (DG) Sets.Maks Energy Solutions India Business Verticles :1. Trading, assembly and selling of diesel generator sets and ancillary products.2. Distribution of commercial vehicle spare parts.The company is engaged in the purchasing of Diesel Engines, Alternators and other parts from the suppliers and assembling the Diesel Generating Sets and selling those Diesel Generating Sets and the spare parts of DG Sets into domestic and export markets. The company also distributes auto spare parts in the state of Maharashtra, India.Maks Energy Solutions India exports generator sets to countries in the Middle East, South East Asia and some parts of Africa. The company's assembling facility is located in Pune, Maharashtra.Revenue for the Fiscals 2020, 2021 and 2022 is Rs. 4,217.18 Lakhs, Rs. 2,070.95 Lakhs and Rs. 2553.76 Lakhs.

Objects of the Issue

1 Repayment/ pre-payment, in full or part, of certain borrowings availed by our Company

2 General Corporate Purpose

Maks Energy Solutions India Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹2,824.7

31-Mar-22

₹2,091.8

31-Mar-21

₹4,335.0

31-Mar-20

Profit After Tax (PAT)

₹51.3

31-Mar-22

-₹0.8

31-Mar-21

₹168.8

31-Mar-20

Particulars	31-Mar-20	31-Mar-21	31-Mar-22
Revenue from Operations	4335.03	2091.75	2824.66
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	168.77	-0.80	51.34
Net Worth	N/A	N/A	N/A
Total Assets	4230.54	4114.73	3586.58
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered19,98,000 (100.00%)

Net Offer to Public18,96,000 shares (aggregating up to ₹3.79 Cr)

Reserved for Market Maker1,02,000 shares (aggregating up to ₹0.2040 Cr)

Pre-Issue Promoter Holding49,36,790 shares

Post-Issue Promoter Holding69,34,790 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd.

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

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Book Running Lead Managers

Sun Capital Advisory Services Pvt.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Maks Energy Solutions India Ltd. IPO subscribed? ▲

Maks Energy Solutions India Ltd. IPO is subscribed 1.00 times by Sep 20, 2022. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Maks Energy Solutions India Ltd. IPO retail subscription status? ▼

The Maks Energy Solutions India Ltd. IPO retail category is subscribed 1.00 times as of 20 Sep 2022. The retail portion is oversubscribed.

How to subscribe Maks Energy Solutions India Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 16 Sep 2021 and closes 20 Sep 2022. Min investment: ₹120,000 (1 lot = 6,000 shares). UPI mandate: 2022-09-20.

How many times Maks Energy Solutions India Ltd. IPO subscribed? ▼

The Maks Energy Solutions India Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Maks Energy Solutions India Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Sep 2022. Refunds: on 26 Sep 2022.

When Maks Energy Solutions India Ltd. IPO will be listed? ▼

The Maks Energy Solutions India Ltd. IPO listing date is 28 Sep 2022, Wednesday. Listed on: NSE SME. Issue price: ₹20. Estimated listing: ₹20. GMP: NIL.

When Maks Energy Solutions India Ltd. IPO close? ▼

The Maks Energy Solutions India Ltd. IPO closes on 20 Sep 2022, Tuesday. UPI mandate: 2022-09-20. Allotment: 23 Sep 2022. Listing: 28 Sep 2022.

Quick Actions

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Live Price LIVE

Last Price₹20.00

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Issue Price₹20.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹20

Face Value₹10

Lot Size6,000 Sh

Min. Amount₹120,000

GMPNIL

Est. Listing₹20

Subscribed1.00x

Open Date16 Sep 2021

Close Date20 Sep 2022

Allotment23 Sep 2022

Listing Date28 Sep 2022

ExchangeNSE SME

UPI Deadline2022-09-20