About Maxvolt Energy
Maxvolt Energy is a company based in Noida (India) founded in 2018 by Vishal Gupta, Satendra Shukla, and Bhuvneshwar Pal Singh. Maxvolt Energy has raised $1.5 million across 1 funding round from investors including Chittorgarh Infotech, Hitesh M Patel and Pooja Sharma. The company has 8 employees. Maxvolt Energy offers products and services including E-Cycle Lithium Battery, E-Scooter/Bike Lithium Battery, E-Rickshaw Lithium Battery, Lithium Battery Energy Storage, and Customized Battery Solution. Maxvolt Energy operates in a competitive market with competitors including Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.
- Headquarter Noida, India
- Employees 8
- Founders Vishal Gupta, Satendra Shukla, Bhuvneshwar Pal Singh
- Stage Public
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website maxvoltenergy.com
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Maxvolt Energy Industries Limited
- Annual Revenue₹48.61 Cr
FY 2024 · +249% YoY
- Net Profit₹4.66 Cr
FY 2024 · 10% margin
- EBITDA₹6.78 Cr
FY 2024 · 14% margin
- Total Equity Funding$1.5M (USD)
in 1 rounds
- Latest Funding Round$1.5M (USD), Angel Round
Nov 2023
- InvestorsChittorgarh Infotech
& 20 more
- Employee Count8
Associated legal entities of Maxvolt Energy
Maxvolt Energy is associated with 3 registered companies on The Company Check; the primary company is Maxvolt Energy Industries Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxvolt Energy Industries Limited Listed CIN L40106DL2019PLC349854 | Active | 09 May 2019 | New Delhi, Delhi | ₹48.6 Cr | 8 | 8 | View details |
| Maxvolt Energy Industries Limited CIN U40106DL2019PLC349854 | – | 09 May 2019 | New Delhi, Delhi, India | – | – | – | View details |
| Maxvolt Energy Private Limited CIN U74999DL2017PTC318770 | Strike Off | 06 Jun 2017 | Delhi, Delhi | – | – | 2 | View details |
Products & Services of Maxvolt Energy
Maxvolt Energy offers a comprehensive portfolio of products and services, including E-Cycle Lithium Battery, E-Scooter/Bike Lithium Battery, E-Rickshaw Lithium Battery, Lithium Battery Energy Storage, and Customized Battery Solution.
Provides long-lasting power for electric cycles with quick charging.
Offers reliable energy for electric scooters and bikes with high performance.
Delivers efficient power for electric rickshaws with extended battery life.
Supports solar applications with stable energy storage solutions.
Creates bespoke lithium batteries for various consumer electronics needs.
Apps and channels of Maxvolt Energy
its YouTube channel Maxvolt Energy has 58 subscribers.
Funding Insights of Maxvolt Energy
Maxvolt Energy has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1.5 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.5M
- Total Rounds 1
- Last Round Angel Round — $1.5M
- First Round $1.5M
(Nov 2023)
- Investors Count 21
All 1 funding rounds of Maxvolt Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $1.5M | Angel Round | $10.49M | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2023 | $10.49M | •••••••• |
Last known valuation $10.49M (Nov 2023). 21 investors in total: 5 institutional and 16 angel.
Investors in Maxvolt Energy
Maxvolt Energy has secured backing from 21 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Chittorgarh Infotech, Hitesh M Patel and Pooja Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on seed-stage startups | – | marunaexports.tcc.mode | Kolkata, India | |
- | – | allroundermarketing.tcc.mode | - | |
Serves as an online platform for comparing and reviewing brokers to assist individuals in decision-making. | 2007 | chittorgarh.com | Chittorgarh, India | |
- | – | hathorcorporateadvisors.tcc.mode | - | |
- | – | noidaholdings.tcc.mode | - | |
HM Hitesh M Patel | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_e1e361e10f6347c7a | - |
PS Pooja Sharma | Angel investor focusing on Indian startups, background in tech and entrepreneurship | – | unknown_4abfa851fdf04b0d9 | - |
VK Vivek Kumar | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | – | unknown_89690cf6b0894632b | - |
VK Vikas Kumar | Angel investor and entrepreneur, co-founder of BlueJack, active in Indian startup ecosystem | – | unknown_40fb4bda16484d31a | - |
AS Amit Sheth | - | – | unknown_d0a3575be8b6404a8 | - |
Investor details for Maxvolt Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Maxvolt Energy Industries Limited (Maxvolt Energy)
Maxvolt Energy Industries Limited is the primary company behind Maxvolt Energy. The boards of the 2 registered companies of Maxvolt Energy currently have 7 directors; the longest-serving is Mukesh Gupta, appointed in 2018. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mukesh Gupta DIN 06379600 | Director | 03 Sep 2018 | 8 yrs 1 mo | Maxvolt Energy Private Limited |
| Satendra Shukla DIN 06721147 | Additional Director | 01 Oct 2019 | 7 yrs | Maxvolt Energy Private Limited |
| Vishal Gupta DIN 07842571 | Whole-time director | 09 Feb 2021 | 5 yrs 7 mo | Maxvolt Energy Industries Limited |
| Bhuvneshwar Pal Singh DIN 07645099 | Managing Director | 29 Nov 2022 | 3 yrs 10 mo | Maxvolt Energy Industries Limited |
| Preet Kumar DIN 10371737 | Director | 10 Apr 2024 | 2 yrs 5 mo | Maxvolt Energy Industries Limited |
| Kavita Dixit DIN 10584521 | Director | 10 Apr 2024 | 2 yrs 5 mo | Maxvolt Energy Industries Limited |
| Ajay Kumar DIN 10758422 | Director | 11 Sep 2024 | 2 yrs | Maxvolt Energy Industries Limited |
People of Maxvolt Energy
3 people are tracked at Maxvolt Energy (3 in leadership); the tracked headcount is 8.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Maxvolt Energy
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IPO & Listings of Maxvolt Energy
Maxvolt Energy is a publicly listed company on the NSE with ticker symbol MAXVOLT in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Feb 2025
- Listed onNSE: MAXVOLT
- Listed entityMaxvolt Energy Industries Limited
- Exchange sectorProducer manufacturing
- ISININE10A501018
- Share price₹421.15 (-1.12% on the day) · 2026-10-09
- Market capitalisation₹464 Cr
- Price to earnings18.8
- EPS (diluted, trailing year)₹22.35
- Volume (last session)26,000
Financials of Maxvolt Energy
Figures of Maxvolt Energy Industries Limited, the primary company behind Maxvolt Energy, for FY 2024. Revenue was ₹48.61 Cr (+249% year on year). Net profit was ₹4.66 Cr (10% margin). EBITDA was ₹6.78 Cr (14% margin). Revenue has grown at a compounded annual rate of +175% over three years.
- ₹48.61 CrRevenue · FY 2024 · +249% YoY
- ₹4.66 CrNet profit · 10% margin
- ₹6.78 CrEBITDA · 14% margin
- ₹10.90 CrPaid-up capital
- 8Employees (provident fund records)
- +175%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹297 Cr | ₹28.1 Cr | ₹35.8 Cr |
| 2024 | ₹107 Cr | ₹10.1 Cr | ₹14.0 Cr |
| 2023 | ₹48.3 Cr | ₹5.2 Cr | ₹6.8 Cr |
| 2022 | ₹13.7 Cr | ₹0.3 Cr | ₹0.6 Cr |
| 2021 | ₹6.2 Cr | ₹0.0 Cr | ₹0.2 Cr |
Balance sheet, profit and loss, cash flow and ratios of Maxvolt Energy Industries Limited are on its company page.
Detailed financial statements for Maxvolt Energy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Maxvolt Energy
4 dated milestones of Maxvolt Energy across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Maxvolt Energy is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- IPO Lists on the stock exchange (IPO).
Competitors of Maxvolt Energy
Maxvolt Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Microvast, Contemporary Amperex Technology, Forsee Power, A123 Systems and Exponent Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| microvast.com | 2006 | Stafford, United States | $430M | 2,006 | Lithium-ion batteries for multi-category electric vehicles are developed. | |
| catl.com | 2011 | Ningde, China | – | – | Comprehensive solutions for electric vehicles and energy storage are provided. | |
| forseepower.com | 2011 | Paris, France | $143.39M | 284 | Lithium battery systems for electric vehicles and gadgets are manufactured. | |
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| exponent.energy | 2020 | Bengaluru, India | $47.2M | 222 | Rapid-charging technology for electric vehicles is developed and scaled. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. | |
| store-dot.com | 2012 | Herzliya, Israel | $226M | – | Fast-charging lithium batteries for electric vehicles are developed and manufactured. |
Detailed competitors of Maxvolt Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Maxvolt Energy
The website of Maxvolt Energy (maxvoltenergy.com) receives about 5.6K visits a month.
- Monthly visits5.6K
▲ 48.6% vs previous month
Latest news on Maxvolt Energy
Complete news archive for Maxvolt Energy
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Similar companies to Maxvolt Energy
10 companies that operate in the same segment as Maxvolt Energy (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Maxvolt Energy
Maxvolt Energy was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Maxvolt Energy is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Maxvolt Energy is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1.5M, raised on Nov 2023.
Maxvolt Energy has 8 employees.
The primary company behind Maxvolt Energy, Maxvolt Energy Industries Limited, reported revenue of ₹48.61 Cr for FY 2024, up 249% year on year.
Maxvolt Energy was founded in 2018 in Noida, India, and operates in the lithium-ion battery sector. Battery packs are produced for electric vehicles, including e-cycles, e-scooters, e-rickshaws, and solar applications. Customized solutions are provided alongside energy storage systems for portable lighting and consumer electronics. Operations focus on manufacturing and distribution within the Indian market.
Maxvolt Energy's top competitors include Microvast, Solid Power and Exponent Energy.
Maxvolt Energy offers E-Cycle Lithium Battery, E-Scooter/Bike Lithium Battery, E-Rickshaw Lithium Battery, Lithium Battery Energy Storage, and Customized Battery Solution.
Yes, Maxvolt Energy is publicly traded on NSE under the ticker symbol MAXVOLT.
Maxvolt Energy has 21 investors. Key investors include Chittorgarh Infotech, Hitesh M Patel, Pooja Sharma, Vivek Kumar, and Vikas Kumar.
The valuation of Maxvolt Energy is $10.49M as of Nov 2023.
Maxvolt Energy is associated with 2 legal entities: Maxvolt Energy Industries Limited, Maxvolt Energy Private Limited.