Maxvolt Energy Gears Up for ₹60 Crore IPO After Record-Breaking Growth

Maxvolt Energy Industries Limited is set to launch its ₹60 crore Initial Public Offering (IPO) after a successful transition from a private to a public limited company. Reporting over 106% revenue growth, the company’s earnings jumped from ₹12.16 crore in Q2 FY24 to ₹24.99 crore in Q2 FY25. Backed by recent angel investments of ₹125 million, Maxvolt aims to bolster its R&D capabilities, expand into battery recycling, and meet rising demand for sustainable energy solutions. This strategic IPO will enhance transparency, attract investors, and strengthen Maxvolt's position in India’s lithium battery market.