Maxvolt Energy Launches IPO, Aiming to Raise ₹60 Crore and Expand Lithium Battery Operations

Maxvolt Energy Industries Ltd is transitioning from private to public with an IPO to raise ₹60 crore. Established in 2019, the company is a leader in lithium battery packs for EVs, energy storage systems, and medical devices. With a revenue growth of over 106% in Q2 FY 2024-25 and ₹125 million angel funding, Maxvolt is poised to expand its operations and meet the increasing demand for sustainable energy solutions.