- NEGATIVE
Annual Revenue Maks Energy Solutions Mar-2026 Annual Revenue is Rs 54 Cr which is growth of -18.6% YoY.
- POSITIVE
Annual Net Profit Maks Energy Solutions Mar-2026 Annual Net Profit is Rs 1 Cr which is growth of 20.5% YoY.
Maks Energy Solutions India was incorporated on July 27, 2010. Over the years the company has diversified the scope of operations from dealing in generator sets to trading, assembling, selling, installing, testing and commissioning of DG Sets. The main business of the company is purchasing diesel engines, alternators and other parts from their suppliers and assembling the diesel generating sets and selling these diesel generating sets into domestic and export markets
| Bidding Dates |
|---|
| 16 Sep 2022 - 20 Sep 2022 |
| Subscription |
|---|
| 26.3x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹120,000 | 1 | 1 | 6000 | 2.0 M | ₹20 | 71.19 % | ₹40.0 M | RHP DOC |
Maks Energy Solutions IPO SUBSCRIPTION STATUS
20 Sep '22Total26.3x
Retail Individual Investor16.41x
HNI (NII) Investors36.2x
Qualified Institutional Buyers-
Maks Energy Solutions IPO overall subscription rate was 26.3 times the total available shares
Maks Energy Solutions IPO retail subscription rate was 16.41 times in the retail segment
Maks Energy Solutions IPO non-institutional investor subscription rate was 36.2 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
20 Sep 2022 (Day 3) | 16.41x | 36.2x | - |
19 Sep 2022 (Day 2) | 2.62x | 1.87x | - |
16 Sep 2022 (Day 1) | 0.59x | 0.07x | - |
Maks Energy Solutions FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| FY22 | -10.7 | 255.4 | 47.1 | 47.1 |
| FY21 | -3.3 | 207.1 | 4.4 | 4.4 |
| FY20 | 16.9 | 421.7 | -32.5 | -32.6 |
Maks Energy Solutions IPO SUBSCRIPTION STATUS DETAILS
Maks Energy Solutions had 2.0 M shares on offer
Maks Energy Solutions IPO offer price was ₹20
Maks Energy Solutions IPO minimum Investment was ₹120000
Maks Energy Solutions IPO issue size was ₹ 40.0 M
Maks Energy Solutions had a minimum lot size of 6000 Shares per application
Maks Energy Solutions NUMBER OF SHARES ON OFFER
Total2.0 M
Fresh Issue2.0 M
Offer for Sale0
Post Issue Promoter Holding %71.19 %
Maks Energy Solutions IPO IMPORTANT DATES
| Issue Open Date | 16 Sep 2022 |
| Issue close Date | 20 Sep 2022 |
| Allotment Date | 23 Sep 2022 |
| Refund Date | 26 Sep 2022 |
| Demat Account Credit Date | 26 Sep 2022 |
| Listing Date | 28 Sep 2022 |
| Listing on Exchange(s) | NSE |
| Maks Energy Solutions Allotment Status | Exchange |
Maks Energy Solutions IPO subscription opened on 16 Sep 2022, and closed on 20 Sep 2022
IPO allotment for Maks Energy Solutions was finalized on Friday, 23 Sep 2022
IPO listing for Maks Energy Solutions was on NSE on Wednesday, 28 Sep 2022
Maks Energy Solutions IPO LISTING GAINS
| Issue Price (adjusted) | 20.0 |
| Listing Open Price | 20.0 |
| Listing Close Price | 21.0 |
| Listing Gain% | 0.0% |
| Current Gain% | -35.5% |
Maks Energy Solutions Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Maks Energy Solutions India Ltd. | 12.9 | 8.9 | 13.5 | 0.7 | 0.2 | 3.9 | 1.8 | 54.3 | -18.6 | 0.7 | 20.5 | 1 | 20.5 |
| Solar Industries India Ltd. | 19058 | 172456 | 86.6 | 1.5 | 15.2 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 220.1 | 57.8 |
| PTC Industries Ltd. | 24300 | 38508.7 | 306.6 | 2.9 | 55.2 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 79.3 | 105 |
| Zetwerk Manufacturing Businesses Ltd. | 158.2 | 26806.5 | 0 | -12.2 | 16100.6 | 40.1 | -1632.4 | -345.9 | |||||
| Inox India Ltd. | 1861.8 | 16928 | 66.4 | 7.7 | 10.5 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28 | 8.7 |
| Kennametal India Ltd. | 3744.6 | 8229.8 | 42 | 0.5 | 5.4 | 23 | 15.5 | 1521.5 | 28.4 | 196 | 90.5 | 89.2 | 90.5 |
Revenue Mix
Annual
Balance Sheet
Ratios
Cash Flow
Maks Energy Solutions annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
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| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6.7% | 21% | 54.3 | 66.8 | 66.7 | 44.7 | 28.3 | 20.9 | 43.4 | 33.6 | 44.5 | 41.1 | ||
Operating Exp. Ann. | 6.5% | 22.9% | 51.1 | 63.6 | 63.9 | 42.3 | 23.9 | 18.2 | 38.8 | 29.2 | 40.1 | 38.8 | |
Operating Profit Ann. | 12.6% | 2.1% | 3 | 2.9 | 2.4 | 2.1 | 1.6 | 2.7 | 3.4 | 4.1 | 4.2 | 2.2 | |
OPM Ann. % | 5.4% | -16% | 5.43% | 4.35% | 3.61% | 4.64% | 5.72% | 13.00% | 7.84% | 12.15% | 9.39% | 5.29% | |
6.4% | 21.2% | 53.3 | 65.8 | 65.8 | 44.2 | 26.3 | 20.4 | 41.1 | 31.6 | 41.8 | 40.1 | ||
EBITDA Ann. | 8.6% | 3.5% | 3.2 | 3.2 | 2.8 | 2.5 | 4.3 | 2.7 | 4.5 | 4.4 | 4.4 | 2.3 | |
EBITDA Ann. margin % | 2.4% | -14.7% | 5.90% | 4.75% | 4.21% | 5.49% | 15.31% | 13.10% | 10.48% | 13.05% | 9.86% | 5.68% | |
Interest Ann. | 3.4% | 0% | 2.1 | 2.2 | 1.9 | 1.9 | 2.3 | 2.1 | 2.2 | 2.2 | 1.6 | 1.2 | |
Depr. | - | - | 0 | 0 | 0 | 0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |
PBT Ann. | 21.6% | 12.5% | 0.9 | 0.7 | 0.4 | 0.5 | -2.2 | 0.5 | 2.2 | 2.1 | 2.7 | 1.1 | |
Tax Ann. | 0% | 14.9% | 0.2 | 0.2 | 0.1 | 0.2 | 0.5 | 0.1 | 0.6 | 0.6 | 1 | 0.2 | |
20.5% | 11.8% | 0.7 | 0.6 | 0.3 | 0.4 | -2.6 | 0.4 | 1.7 | 1.4 | 1.7 | 0.9 | ||
Net Profit Ann. | 20.5% | 11.8% | 0.7 | 0.6 | 0.3 | 0.4 | -2.6 | 0.4 | 1.7 | 1.4 | 1.7 | 0.9 | |
NPM Ann. % | 15.1% | -6% | 1.22% | 0.82% | 0.42% | 0.80% | -10.33% | 1.66% | 3.95% | 4.29% | 3.81% | 2.12% | |
EPS Adj. latest Ann. | 26% | 14.9% | 1 | 0.8 | 0.4 | 0.5 | -3.8 | 0.5 | 2.4 | 2.1 | 2.4 | 1.3 |
*All financials are in INR Cr and price data in INR
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Total Rev. Ann.
1Y CHG
-18.7%
2Y CAGR
-9.8%
3Y CAGR
6.7%
5Y CAGR
21%
7Y CAGR
7.1%
Total Revenue Annual is falling faster than historical averages.
Net Profit Ann.
1Y CHG
16.7%
2Y CAGR
52.8%
3Y CAGR
20.5%
5Y CAGR
11.8%
7Y CAGR
-9.4%
Net Profit Annual growth is stable compared to historical averages.
Operating Exp. Ann.
1Y CHG
-19.7%
2Y CAGR
-10.6%
3Y CAGR
6.5%
5Y CAGR
22.9%
7Y CAGR
8.3%
Operating Expenses Annual Cr is falling faster than historical averages.
Maks Energy Solutions INFORMATION ON IPO ISSUE
About Maks Energy Solutions
Maks Energy Solutions India was incorporated on July 27, 2010. Over the years the company has diversified the scope of operations from dealing in generator sets to trading, assembling, selling, installing, testing and commissioning of DG Sets. The main business of the company is purchasing diesel engines, alternators and other parts from their suppliers and assembling the diesel generating sets and selling these diesel generating sets into domestic and export markets
Object of the Issue
- Repayment/pre-payment, in full or part, of certain borrowings availed by the company
- General corporate purpose
Maks Energy Solutions - PROMOTERS
| Name |
|---|
| Sourabh Mahendra Shaw |
Maks Energy Solutions Lead Manager of the Issue
Sun Capital advisory Services Private Limtied
kinnari@suncapital.co.in
Maks Energy Solutions Registrar to the Issue
Bigshare Services Private Limited
ipo@bigshareonline.comWebsite
Maks Energy Solutions Strengths
Established operation capability
The company has established operation capability in the diesel generator set market to cater requirements of a large and diversified customer base
Strength
Proven track record
Through a longstanding presence in the diesel generator business led by experienced promoters and directors, The company has a track record of assembling and supplying a range of diesel generator sets
Strength
Strong technical and execution capabilities
The company has a sufficient equipment base, qualified and experienced employees. And implemented systems, procedures and capabilities enables it to supply quality diesel generator sets to meet the national standards
Strength
Maks Energy Solutions Risks
Outstanding legal proceeding
There are certain outstanding legal proceedings pending against the company, promoter, directors and group companies
Risk
Negative cash flows
The company has reported certain negative cash flows in the past and it is possible that it may experience negative cash flows in the future
Risk
IPO FAQs
The promoter of the company is Sourabh Mahendra Shaw.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 20.0 - 20.0.
The IPO application opens on Sep 16, 2022 and closes on Sep 20, 2022.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 120,000.0, the maximum value for this IPO is Rs 120,000.0.
This IPO will be allotted on Sep 23, 2022.
The refund will be credited to your account on Sep 26, 2022.
The allotted shares will be credited to your demat on Sep 26, 2022.
Maks Energy Solutions India Ltd.’s shares listed on the stock exchanges on Sep 28, 2022.