Maxwell Engineering Solutions IPO
Maxwell Engineering Solutions opens for subscription on 30 Oct 2026 and closes on 3 Nov 2026, at a price band of ₹150 – ₹158 with a lot of 1600 shares. Listing is expected on 6 Nov 2026.
Updated 27 Oct 2026
Important dates
Opens
30 Oct 2026
Closes
3 Nov 2026
Allotment
4 Nov 2026
Listing
6 Nov 2026
IPO details
| Price band | ₹150 – ₹158 |
|---|---|
| Lot size | 1600 shares |
| Minimum investment | ₹2,52,800 |
| Issue size | ₹57.64 crore |
| Face value | ₹10 per share |
| Board | SME |
| Listing at | NSE SME |
| Retail quota | 35% |
| EPS | ₹11.8 |
| RoNW | 47.7% |
Grey market premium (GMP)
No meaningful grey market premium was reported at the last update.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscription by investor category, day by day.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0× | 0× | 0× | 0× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 10.87 | 7.04 | 3.16 |
| FY25 | 22.59 | 11.54 | 9.18 |
| FY26 | 30.76 | 16.36 | 11.86 |
About Maxwell Engineering Solutions
To be updated soon
Objects of the issue
- Financing the capital expenditure requirement towards Purchase of New Machineries, Lab Equipment & Other utilities for Manufacturing Facility
- Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility
- Repayment / prepayment, in full or part, of certain outstanding borrowings availed by Company
- Funding working capital requirements of Company
- General Corporate Purposes
Allotment status and registrar
Kfin Technologies Ltd. is the registrar. After 4 Nov 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 040-79615565 · maxwell.ipo@kfintech.com
Lead managers and offer documents
- JDA Capital Services Ltd.
Maxwell Engineering Solutions IPO: FAQs
When does the Maxwell Engineering Solutions IPO open and close?
The Maxwell Engineering Solutions IPO opens on 30 Oct 2026 and closes on 3 Nov 2026.
What is the Maxwell Engineering Solutions IPO price band?
The price band is ₹150 – ₹158 per share (face value ₹10).
What is the Maxwell Engineering Solutions IPO lot size?
One lot is 1600 shares, so the minimum investment is ₹2,52,800 at the upper price band.
When is the Maxwell Engineering Solutions IPO allotment date?
Allotment is expected on 4 Nov 2026. Check the status on the registrar's site (Kfin Technologies Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Maxwell Engineering Solutions shares list?
Listing is expected on 6 Nov 2026 on NSE SME.
What is the Maxwell Engineering Solutions IPO GMP today?
No meaningful grey market premium was reported when this page was last updated. GMP is unofficial and unregulated, so it should not drive your decision.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.