Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Maxvolt Energy Industries IPO vs Tejas Cargo IPO

Comparison between Maxvolt Energy Industries IPO and Tejas Cargo IPO.

IPO Details

Maxvolt Energy Industries IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Tejas Cargo IPO is a SME Bookbuilding proposed to list at NSE SME.

 Maxvolt Energy Industries IPOTejas Cargo IPO
LogoMaxvolt Energy Industries IPO LogoTejas Cargo IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSmart Horizon Capital Advisors Pvt.Ltd.New Berry Capitals Pvt.Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerRikhav Securities Ltd.New Berry Capitals 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 Tejas Cargo IPO is up to ₹100.54 Cr. The final issue price of Maxvolt Energy Industries IPO is ₹180.00 per share and of Tejas Cargo IPO is ₹168.00 per share.

 Maxvolt Energy Industries IPOTejas Cargo IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹171.00 per share₹160.00 per share
Issue Price (Upper)₹180.00 per share₹168.00 per share
Issue Price (Final)₹180.00 per share₹168.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size800 shares800 shares
Fresh Issue Size22,48,000 shares59,84,800 shares
Fresh Issue Size (Amount)up to ₹40.46 Crup to ₹100.54 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 shares59,84,800 shares
Issue Size Total (Amount)up to ₹51.26 Crup to ₹100.54 Cr

IPO Timetable

Maxvolt Energy Industries IPO opens on Feb 12, 2025, while Tejas Cargo IPO opens on Feb 14, 2025. The closing date of Maxvolt Energy Industries IPO and Tejas Cargo IPO is Feb 14, 2025, and Feb 18, 2025, respectively.

 Maxvolt Energy Industries IPOTejas Cargo IPO
Anchor Bid DateFeb 11, 2025Feb 13, 2025
Issue OpenFeb 12, 2025Feb 14, 2025
Issue CloseFeb 14, 2025Feb 18, 2025
Basis Of Allotment (Tentative)Feb 17, 2025Feb 19, 2025
Initiation of Refunds (Tentative)Feb 18, 2025Feb 20, 2025
Credit of Share (Tentative)Feb 18, 2025Feb 20, 2025
Listing date (Tentative)Feb 19, 2025Feb 24, 2025
Anchor Lockin End date 1Mar 19, 2025Mar 21, 2025
Anchor Lockin End date 2May 18, 2025May 20, 2025

Financials & KPIs

Maxvolt Energy Industries IPO P/E ratio is 29.39, as compared to Tejas Cargo IPO P/E ratio of 22.35.

 Maxvolt Energy Industries IPOTejas Cargo 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

Tejas Cargo India Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 2024
Assets294.29236
Total Income255.09422.59
Profit After Tax8.7513.22
Net Worth63.1655.45
Reserves and Surplus46.655.2
Total Borrowing206.28
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)57.25100
Promoter Shareholding (Post-Issue)39.1473.63
P/E Ratio29.3922.35
Market Cap₹196.27 Cr.₹401.40 Cr.
ROE85.41%38.62%
ROCE39.46%28.30%
Debt/Equity0.51
EPS₹6.12₹7.52
RoNW45.09%23.85%

Shares Offered

In the Maxvolt Energy Industries IPO Retail Individual Investors (RII) are offered 10,00,000 shares while in Tejas Cargo 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 11,84,800 shares in Tejas Cargo IPO.

 Maxvolt Energy Industries IPOTejas Cargo IPO
Anchor Investor Reserveration8,51,200 shares17,75,200 shares
Market Maker Reserveration1,52,000 shares3,15,200 shares
QIB5,68,800 shares11,84,800 shares
NII4,28,000 shares8,88,800 shares
RII10,00,000 shares20,72,800 shares
Employee0 shares63,200 shares
Others
Total28,48,000 shares59,84,800 shares

Bids Received (Subscription)

Maxvolt Energy Industries IPO subscribed 3.23x in total, whereas Tejas Cargo IPO subscribed 1.15x.

 Maxvolt Energy Industries IPOTejas Cargo IPO
QIB (times)6.76x1.33x
NII (times)1.45x1.07x
Big NII (times)
Small NII (times)
RII (times)1.97x1.09x
Employee (times)
Other (times)
Total (times)3.23x1.15x