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Maxvolt Energy Industries IPO vs Solarium Green Energy IPO

Comparison between Maxvolt Energy Industries IPO and Solarium Green Energy IPO.

IPO Details

Maxvolt Energy Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Solarium Green Energy IPO is a SME Bookbuilding proposed to list at BSE SME.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
LogoMaxvolt Energy Industries IPO LogoSolarium Green Energy IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMEBSE SME
Lead ManagersSmart Horizon Capital Advisors Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerRikhav Securities Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Maxvolt Energy Industries IPO is up to ₹51.26 Cr whereas the issue size of the Solarium Green Energy IPO is up to ₹99.56 Cr. The final issue price of Maxvolt Energy Industries IPO is ₹180.00 per share and of Solarium Green Energy IPO is ₹191.00 per share.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹171.00 per share₹181.00 per share
Issue Price (Upper)₹180.00 per share₹191.00 per share
Issue Price (Final)₹180.00 per share₹191.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size800 shares600 shares
Fresh Issue Size22,48,000 shares52,12,800 shares
Fresh Issue Size (Amount)up to ₹40.46 Crup to ₹99.56 Cr
OFS Issue Size6,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹10.80 Crup to ₹0.00 Cr
Issue Size Total28,48,000 shares52,12,800 shares
Issue Size Total (Amount)up to ₹51.26 Crup to ₹99.56 Cr

IPO Timetable

Maxvolt Energy Industries IPO opens on Feb 12, 2025, while Solarium Green Energy IPO opens on Feb 06, 2025. The closing date of Maxvolt Energy Industries IPO and Solarium Green Energy IPO is Feb 14, 2025, and Feb 10, 2025, respectively.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
Anchor Bid DateFeb 11, 2025Feb 05, 2025
Issue OpenFeb 12, 2025Feb 06, 2025
Issue CloseFeb 14, 2025Feb 10, 2025
Basis Of Allotment (Tentative)Feb 17, 2025Feb 11, 2025
Initiation of Refunds (Tentative)Feb 18, 2025Feb 12, 2025
Credit of Share (Tentative)Feb 18, 2025Feb 12, 2025
Listing date (Tentative)Feb 19, 2025Feb 13, 2025
Anchor Lockin End date 1Mar 19, 2025Mar 13, 2025
Anchor Lockin End date 2May 18, 2025May 12, 2025

Financials & KPIs

Maxvolt Energy Industries IPO P/E ratio is 29.39, as compared to Solarium Green Energy IPO P/E ratio of 18.81.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
Financials

Maxvolt Energy Industries Limited Financial Information (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets53.7731.5110.253.61
Total Income41.0948.7913.926.18
Profit After Tax4.775.210.280.01
Net Worth23.9411.550.640.37
Reserves and Surplus15.443.790.320.05
Total Borrowing4.975.892.922.33
Amount in ₹ Crore

Solarium Green Energy Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets95.2577.2144.3731.81
Total Income82.34177.8198.93167.89
Profit After Tax7.5515.591.742.05
Net Worth33.1320.334.743
Reserves and Surplus17.7817.331.74
Total Borrowing33.4730.7626.7214.8
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)57.2578.50
Promoter Shareholding (Post-Issue)39.1457.77
P/E Ratio29.3918.81
Market Cap₹196.27 Cr.₹398.23 Cr.
ROE85.41%124.38%
ROCE39.46%54.18%
Debt/Equity0.511.51
EPS₹6.12₹10.16
RoNW45.09%76.69%

Shares Offered

In the Maxvolt Energy Industries IPO Retail Individual Investors (RII) are offered 10,00,000 shares while in Solarium Green Energy IPO retail investors are offered 10,00,000 shares. Qualified Institutional Buyers (QIB) are offered 5,68,800 shares in Maxvolt Energy Industries IPO and 10,42,800 shares in Solarium Green Energy IPO.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
Anchor Investor Reserveration8,51,200 shares15,63,000 shares
Market Maker Reserveration1,52,000 shares2,86,800 shares
QIB5,68,800 shares10,42,800 shares
NII4,28,000 shares7,82,400 shares
RII10,00,000 shares18,24,600 shares
Employee0 shares0 shares
Others
Total28,48,000 shares52,12,800 shares

Bids Received (Subscription)

Maxvolt Energy Industries IPO subscribed 3.23x in total, whereas Solarium Green Energy IPO subscribed 8.83x.

 Maxvolt Energy Industries IPOSolarium Green Energy IPO
QIB (times)6.76x8.51x
NII (times)1.45x18.04x
Big NII (times)
Small NII (times)
RII (times)1.97x5.07x
Employee (times)
Other (times)
Total (times)3.23x8.83x