IPO Details

Maks Energy Solutions India Ltd
Registered Office: Showroom-1 599/600 Rasta peth, Shubham Society Parsi Agyani, Pune - 411011, Maharashtra
Phone: 91-20-26336600
Email: maksenergy@gmail.com
Website: www.maksgenerators.com
Public issue of 19,98,000 equity shares of face value of Rs. 10.00 each of Maks Energy Solutions India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 20.00 per equity share including a share premium of Rs. 10.00 per equity share (the "Issue Price") aggregating to Rs. 4.00 crores ("The Issue") out of which 1,02,000 equity shares of face value of Rs. 10.00 each, at an issue price of Rs. 20.00 per equity share for cash, aggregating Rs. 0.20 crores will be reserved for subscription by the market maker to the issue ("Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 18,96,000 equity shares of face value of Rs. 10.00 each, at an issue price of Rs. 20.00 per equity share for cash, aggregating 3.79 crores is here inafter referred to as the "Net Issue". The public issue and net issue will constitute 28.81% and 27.34% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 2 times of the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
16-Sep-2022	20-Sep-2022	₹ 20.00	₹ 0.00

Projects
Repayment / pre-payment in full or part, of certain borrowings availed by the company
General corporate purpose

Promoted By
Sourabh Mahendra Shaw

Listing At
NSE - SME

Registrar to the Issue