Maxvolt Energy Announces IPO Plans After 106% Revenue Growth and Public Limited Transition
Maxvolt Energy Industries Ltd is set to raise ₹60 crore through an IPO, marking a significant milestone after transitioning into a public limited company. With over 106% revenue growth in Q2 FY 2024-25 and recent ₹125 million angel funding, the company strengthens its position in the lithium battery sector. Maxvolt's advanced solutions for EVs, energy storage systems, and medical devices reflect its commitment to innovation and sustainable growth. This IPO will fuel expansion and investment in cutting-edge technology, recycling, and repurposing initiatives.