Maxvolt Energy Industries Limited - IPO

1. Quality Assurance.

2. Dealership network and presence in across various states.

3. Leveraging the experience of our Promoters and Directors.

4. Wide range of our products.

5. Manufacturing at scale, in-house manufacturing facility with equipped machines and processes.

6. Optimal Utilization Resources.

7. Customized Product Development.

1. The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.

2. Its limited operating history makes evaluating the company business and future prospects difficult.

3. The company depends on the success of its relationships with its customers. The company few of customers contribute majority of its revenues from operations. If one or more of such customers choose not to source their requirements from it, the company business, financial condition and results of operations may be adversely affected.

4. The company depends on a certain supplier for its raw materials and other components required for its operations and the company does not have long-term agreements with suppliers for its raw materials or products and an increase in the cost of, or a shortfall in the availability or quality of such raw materials or products could have an adverse effect on its business, financial condition and results of operations.

5. The company currently derives its revenue predominantly from the sale of batteries used in e-scooter. If the same is not wellreceived by the market, its business and future prospects could be adversely impacted.

6. The company generate its major portion of revenue from its operations in certain geographical regions especially from Delhi, Haryana, Madhya Pradesh and Uttar Pradesh. Any adverse developments affecting its operations in these regions could have an adverse impact on the company revenue and results of operations.

7. The company has received customer complaints pertaining to its products in the past. There is no assurance that the company will not receive similar complaints in the future or that its will be able to address such customer complaints in a timely manner or at all.

8. The lithium-ion cells used in its battery packs could catch on fire or vent smoke even if properly manufactured, managed or controlled. Such instances could subject it to adverse publicity, which may impact its brand, business, prospects, financial condition and results of operations.

9. The company future growth is dependent on the demand for and adoption of electric vehicle. If the market does not develop as its expect, or develops at a speed that is slower than anticipated, the company business, prospects, financial condition and operating results will be affected.

10. The Company has not complied with the provisions of section 42 of the Companies Act, 2023, as amended from timeto-time w.r.t allotment involving 1,87,978 Equity Shares of face value of Rs. 10/- each, made on preferential basis, vide board resolutions dated November 27, 2023. Consequently, its may be subject to adverse regulatory actions and penalties for non-compliance and the company business, financial condition and reputation may be adversely affected.