Maxvolt Energy Unveils IPO Plans Following 106% Revenue Surge and Transition to Public Limited Company

Maxvolt Energy Industries Limited, a leader in lithium battery innovation, has announced plans to raise ₹60 crore through an Initial Public Offering (IPO). This milestone follows the company’s transformation into a public limited entity, approved by the Registrar of Companies. Achieving a remarkable 106% revenue growth—from ₹12.16 crore in Q2 FY24 to ₹24.99 crore in Q2 FY25—Maxvolt continues to lead the lithium battery market. With ₹125 million in recent angel investments, the company aims to enhance R&D, expand battery recycling initiatives, and meet the surging demand for sustainable energy solutions in India and beyond.