Maxwolt Energy IPO allocation: The initial public offer (IPO) of Lithium-ion battery manufacturer Maxwolt Energy Industries Limited received decent demand from investors. As the dialect period is over, investors now focus on the Maxwolt Energy Industries IPO allotment, which is expected to be finalized soon.
The SME IPO was opened for public membership from 12 to 14 February. The Maxwolt Energy IPO allocation date is likely to be February 17, and the tentative IPO listing date is 19 February.
The company is expected to finalize the basis of Maxwolt Energy IPO share allocation soon. Equity shares of Maxwolt Energy Industries will be listed on NSE SME.
When Maxwolt Energy IPO The allocation situation has been fixed, the company will soon credit the shares in the demat accounts of eligible investors and will start refunds to failed bidders on the same day.
Investors can check the official portal of Maxwolt Energy IPO Registrar along with the status of Maxwolt Energy IPO allocation through NSE website. BigShare Services Pvt Ltd Maxvolt Energy is the IPO Registrar.
To check Maxwolt Energy IPO allotment status online, investors must follow some simple steps given below:
Maxvolt Energy IPO allocation status on bigShare services
step 1] Visit BigShare Services website on this link – https://www.bigshareonline.com/ipo_allotment.html
step 2] Click on any server link
step 3] Select ‘Maxwolt Energy Industries Limited’ from the dropdown menu
step 4] Select the application number, beneficiary ID or PAN in the selection type dropdown menu
Step 5] Enter the details according to the selected option
Step 6] Enter the captcha and click ‘Search’
Your Maxvolt Energy IPO allocation status will be displayed on the screen.
Maxvolt Energy IPO GMP
Shares of Maxwolt Energy Industries are showing a silent trend in the unrestaded market with a Tipid Gray Market Premium (GMP). According to stock market observers, Maxwolt Energy IPO GMP is today 0 per share. This indicates that in the gray market, Maxwolt Energy Shares are trading equal to their issue price without any premium or discount.
Today, keeping in mind the Maxwolt Energy IPO GMP, Maxwolt Energy Industries will have an estimated listing price of shares. 180 Apis, which has no premium or discount for the price of IPO 180 per share.
Maximum energy IPO details
Maxvolt Energy IPO was opened for membership on February 12, and closed on 14 February. The date of Maxvolt Energy IPO allocation is expected today, February 17, and the IPO listing date is expected to be 19 February. Maxvolt Energy IPO is one SME IPO And shares will be listed on a platform NSE Emerge for SME companies.
Maxvolt Energy IPO Price Band was fixed 180 per share. The company picked up 54 crore from the book-made issue which was a combination of the latest issue of 24 lakh equity shares Offer (offs) for sale of 43 crore and 6 lakh shares 10.80 crores.
The public issue was subscribed to 3.23 times in total. It got 1.97 times subscription in retail category and 6.76 times in eligible institutional buyers (QIB) category. Non-institutional investors (NII) parts were booked 1.45 times.
Smart Horizon Capital Advisors Private Limited Maxvolt is the book-hanging lead manager of Energy IPO, while BigShare Services Private Limited is Registrar for the issue.
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