Maks Energy IPO – Review, Allotment, Subscription, GMP & DRHP
Let’s have a detailed review of the company and analytics of the Maks Energy IPO release date, IPO offer price, subscription, Maks Energy Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 20 |
| Listing At | NSE EMERGE |
| Min. Order Quantity | NA |
| Listing Date | NA |
| Offer for Sale | Rs Lakhs |
| Fresh Issue | Rs Lakhs |
| IPO Size | Rs 400 Lakhs |
| Tick Size | 1 |
Maks Energy IPO is listed at [●] premium. Check out the live share price by clicking on the below link.
Maks Energy IPO – Summary
Their Company, was originally incorporated as Maks Energy Limited 35 Years ago under the provisions of Companies Act, 1956.
Their Company has been in the business of Generator & Spare parts, MAKS Generators also has dealers outside India in Europe, Latin America, USA, Singapore, Middle East, Africa, Thailand, Nepal, Sri-Lanka and many other countries.
The Promoter of this company is Mr.Sourabh Mahendra Shaw. The lead manager to the issue is SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED, and the Registrar to this issue is BIGSHARE SERVICES PRIVATE LIMITED.
Maks Energy IPO Date
The opening and the closing date of IPO of Maks Energy Limited is not available yet.
Maks Energy IPO Subscription
| Day / Date | QIB | NII | RII | Total Subscription |
| 1st Day – | ||||
| 2nd Day – | ||||
| 3rd Day – | ||||
| Shares Offered or Net Issue |
The shares subscribed by the public will be updated here.
Maks Energy IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Maks Energy Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | – |
| Refunds Initiation | – |
| Credit of Shares to Demat Account | – |
| Share Listing Date | – |
Maks Energy IPO Cash Price
The face value of each share is Rs.10, but the cash price of the IPO is Rs.20
Maks Energy IPO Equity Size
This Initial Public Issue of 20,00,000 Equity Shares of Rs.10 each for cash at a price of Rs.20 per equity share aggregating to Rs.[●] Lakhs.
Maks Energy IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of [●] equity Shares of Rs.20 each.
Issue Size: 20,00,000 Equity Shares of Rs.10 each, aggregating to Rs.[●] Lakhs
Maks Energy IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Maks Energy Share Price |
Maks Energy IPO Grey Market Premium
The Maks Energy Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Maks Energy IPO – Company Overview
The company is primarily engaged in the business of trading, assembling, marketing, selling, installation,testing and commissioning of DG Sets in the domestic market and exporting DG Sets in the international market.
They commenced their operations in the year 2010 as a dealer of generator sets.Over the years, they have diversified the scope of our operations from dealing in generator sets totrading, assembling, selling, installing, testing and commissioning of DG Sets.
They source the engines used from our OEM partners and assemble the sets with other required peripherals sourced from other suppliers, such as control panels, customized synchronized panels, base frames, fuel tanks, canopy, acoustic enclosure and room acoustic materials and sell the DG Sets
Maks Energy IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakhs) | ||||
| 30-Sep-20 | 31-Mar-20 | Mar-19 | Mar-18 | |
| Total Assets | 4256.99 | 4427.68 | 4636.02 | 2184.23 |
| *Total Revenue | 300.21 | 4335.03 | 3369.49 | 4448.18 |
| Total Expense | 295.61 | 4110.12 | 3161.74 | 4179.31 |
| Profit After Tax | 2.90 | 168.20 | 146.11 | 173.22 |
Earnings per Equity Share (in Lakhs)
| 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Basic | 3.43 | 4.11 | 4.90 |
| Diluted | 3.43 | 4.11 | 4.90 |
Further, their PAT for the period ended on March 31, 2020, March 31, 2019 and March 31, 2018 were Rs1,90,44,361, Rs.1,96,08,134 and Rs.36,60,556 respectively.
Maks Energy IPO – Promoters
The Promoter of this company is:
- Mr. Sourabh Mahendra Shaw,
List of Related Parties (Key Managerial Personnel)
- Mr. Mahendra Madhairam Shaw
- Mrs. Kusum Shaw
- Mr. Mannvik Shaw
Maks Energy IPO – Promoters Holding
- Mr. Sourabh Mahendra Shaw – 26,13,998 Eq Shares.
- Mr. Mahendra Madhairam Shaw – 18,72,120 Eq Shares.
- Mrs. Swati Sourabh Shaw – 4,50,668 Eq Shares.
Maks Energy IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 20,00,000 Equity Shares aggregating up to Rs.400 Lakhs |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.[●] Lakhs |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.[●] Lakhs |
| Of which: | |
| Retail Investors Portion | Not less than [●] Equity Shares |
| Other than Retail Individual Investors | Not more than [●] Equity Shares |
| Equity Shares outstanding prior to the Issue | X Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Maks Energy IPO Issue Object
Their Company proposes to utilise the Net Proceeds towards funding the following objects:
1. To meet Working Capital requirements
2. General Corporate Purpose
3. To meet issue expenses
Maks Energy IPO – Business Strategy
- Focus on Consultancy Business and spreading awareness about carbon neutrality
- Increase the use of technology to improve operational efficiency
- Expanding their customer base
- Creating awareness to reduce carbon emissions
Maks Energy IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Quality Assurance, timely payment and delivery
- Broad customer base and Strong relationships with their customers
- Multiple Business verticals under one roof
- Qualified management team and employee base
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-20 | 3.43 | 12.31 | 27.68 |
| 31-Mar-19 | 4.11 | 22.56 | NA |
| Mar-18 | 4.91 | 37.76 | NA |
Maks Energy IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Maks Energy Limited | 10 | [●] | 3.43 | 12.31 | 168.20 |
| Listed Peers | |||||
| NA | – | NA | – | NA | NA |
Maks Energy IPO Lead Managers
| Lead Managers |
| SUN CAPITAL ADVISORY SERVICES PRIVATE LIMITED 302, 3rd Floor, Kumar Plaza, Near Kalina Market, Kalina Kurla Road, Santcruz East, Mumbai- 400029, Maharashtra, India Telephone: 022- 61786000 Email: kinnari@suncapital.co.in Investor grievance email: investorgrievance@suncapital.co.in Contact Person: Ms. Kinnari Mehta Website: www.suncapitalservices.co.in SEBI Registration number: INM000012591 CIN: U67190MH2006PTC159258 |
Maks Energy IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri (East), Mumbai 400059, India. Telephone: +91 22 6263 8200 Facsimile: +91 22 6263 8280 Email: ipo@bigshareonline.com Investor grievance email: investor@bigshareonline.com Contact Person: Mr. Babu Rapheal C. Website: www.bigshareonline.com SEBI Registration Number: INR000001385 CIN: U99999MH1994PTC076534 |
Maks Energy IPO – Other Details
- Statutory Auditor – M/s. R K Jagetiya & Co, Chartered Accountant.
- Legal Counsel to the Company – Alliance Law
- Bankers to the Company – ICICI Bank Limited
Maks Energy IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Maks Energy Limited IPO News
News 1 – Maks Energy Limited IPO DRHP Download
News 2 – Maks Energy IPO RHP Download
Maks Energy IPO Review FAQs
Ques – What is the Issue Size of Maks Energy IPO?
Answer – The Company is making an initial public offer of 20,00,000 equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on fresh issue, Offer for sale, and the net issue.
Ques – What is the Cash Price of Maks Energy IPO?
Answer – The cash price for this particular IPO, i.e. Maks Energy IPO is Rs 20. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Maks Energy IPO Open Date?
Answer – The opening and closing date for Maks Energy IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
Ques – What is the Maks Energy IPO Allotment Date?
Answer – We also have the news regarding the respective allotment dates of Maks Energy IPO. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA and share listing date is on NA.
Ques – What is the Maks Energy IPO Listing Date?
Answer – Shares of Maks Energy shall be listed in the exchanges NA. Date when the listing would be done is stagnant on NA.
Ques – Who is the Registrar of Maks Energy IPO?
Answer – One of the reputed registrars are managing the issue of Maks Energy IPO, i.e. BIGSHARE SERVICES PRIVATE LIMITED. Their website will help you regarding the further information you are on a lookout for.
Ques – Who is the Promoter of Maks Energy IPO?
Answer – Here are the promoters of Maks Energy – Mr. Sourabh Mahendra Shaw. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is GMP of Maks Energy IPO?
Answer – We have obtained the GMP of Maks Energy IPO and it is NA. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Maks Energy IPO good for Investment?
Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Maks Energy Company?
Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Lakhs is 168.20, 2019 is 146.11, 2018 is 173.22. PAT from Sep 2020 is 2.90.
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