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Maxwell Engineering Solutions Ltd

Maxwell Engineering Solutions Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹158
₹158
GMP (Grey Market)
+₹82
+51.9%
Est. Listing Price
₹240
Based on GMP
Min. Investment
₹126,400
1 lot × 800 shares
Subscribed
373.20x
Over-subscribed
IPO Details
Open Date
30 Oct 2026
Close Date
03 Nov 2026
Allotment
09 Nov 2026
Listing Date
06 Nov 2026
Exchange
NSE SME
Price Band
₹158
Listing Price
See chart
Allotment Status
Price Band
₹158
Per share
Face Value
₹10 per share
 
Lot Size
800 Shares
per lot
Issue Size
36,48,000 shares (agg. up to ₹58 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹126,400
1 lot
Pre-IPO Holding
1,00,50,275 shares
Promoters
Post-IPO Holding
1,36,98,275 shares
Promoters
P/E (Pre)
13.39x
 
P/E (Post)
23.65x
 
EPS (Pre)
₹11.80
 
EPS (Post)
₹6.68
 
UPI Deadline
5:00 PM on 03 Nov 2026
Mandate
GMP
+₹82
+51.9% est.
Anchor AllotmentThu, 29 Oct 2026
Basis of AllotmentMon, 09 Nov 2026
Refund InitiationTue, 10 Nov 2026
Demat CreditTue, 10 Nov 2026
Listing DayFri, 06 Nov 2026
UPI Mandate Deadline5:00 PM on 03 Nov 2026
Sale TypeFresh capital only
Net Offer to Public34,25,600 shares (agg. up to ₹54 Cr)
Market Maker Quota2,22,400 shares (agg. up to ₹4 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Maxwell Engineering Solutions Ltd IPO subscribed 373.20 times overall. Retail: 546.87x. QIB: 104.51x. NII: 856.06x. By 03 Nov 2026.
QIB
104.51x
Over
NII/HNI
856.06x
Over
Retail
546.87x
Over
Total
373.20x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
222,400
— ₹3.51
QIB
Over 104.51x
1,707,200
— ₹26.97
NII / HNI
Over 856.06x
518,400
— ₹8.19
Retail
Over 546.87x
1,200,000
— ₹18.96
Total 373.20x
3,425,600
100% ₹54.12
IPO Shares Offered
Maxwell Engineering Solutions Ltd IPO total issue size: ₹54.12 Cr. Retail: ₹18.96 Cr. QIB: ₹26.97 Cr. NII: ₹8.19 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 1,707,200 ₹26.97
49.84%
Market Maker 222,400 ₹3.51
6.49%
NII 518,400 ₹8.19
15.13%
Retail 1,200,000 ₹18.96
35.03%
Total 3,425,600 ₹54.12
100.00%
* Based on upper price band ₹158 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 518,400 1,200,000 1,718,400
Allotment price (₹) 158 158 158 158 158 158 158 158
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹18.96 ₹18.96
Times subscribed 104.51x — — — — 856.06x 546.87x 373.20x
Shares allotted — — — — — 518,400 1,200,000 1,718,400
No. of allottees — — — — — — — —
* Upper price band ₹158 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
800
Shares per Lot
Issue Price
₹158.00
Upper Band
Min Investment
₹126,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,600₹252,800
Retail (Max — 13 Lots)1310,400₹1,643,200
S-HNI (Min — 14 Lots)1411,200₹1,769,600
B-HNI (Min — 68 Lots)6854,400₹8,595,200
* Issue Price ₹158 × Lot Size 800 shares
IPO Schedule
Anchor
29 Oct 2026
✓ Done
IPO Open
30 Oct 2026
✓ Done
IPO Close
03 Nov 2026
✓ Done
Allotment
09 Nov 2026
Upcoming
Refunds
10 Nov 2026
Upcoming
Demat Credit
10 Nov 2026
Upcoming
Listing Day
06 Nov 2026
✓ Done
Maxwell Engineering Solutions Ltd — Live Price LIVE
₹158.00
INR · NSE
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Issue ₹158.00 GMP: +₹82 Live Price
About Maxwell Engineering Solutions Ltd

Maxwell Engineering Solutions Ltd is proposing an IPO on NSE SME under the SME category. Total issue: 36,48,000 shares (agg. up to ₹58 Cr).

Opens 30 Oct 2026, closes 03 Nov 2026. Listing: 06 Nov 2026. Apply via ASBA or UPI.

Objects of the Issue
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Object 1
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Object 2
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Object 3
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Object 4
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Object 5
Maxwell Engineering Solutions Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹22.6
31 Mar 2025
₹30.8
31 Mar 2026
₹12.3
31 Jul 2026
Profit After Tax (PAT)
₹9.2
31 Mar 2025
₹11.9
31 Mar 2026
₹3.1
31 Jul 2026
Particulars31 Jul 202631 Mar 202631 Mar 2025
Revenue from Operations 12.25 30.76 22.59
EBITDA 4.29 15.19 11.69
Profit After Tax (PAT) 3.05 11.86 9.18
Net Worth 27.92 24.87 13.01
Total Assets 51.79 47.55 25.31
Reserves & Surplus 17.87 14.82 10.25
Borrowings 15.77 16.73 8.60
EBITDA Margin (%) 36.11 — —
PAT Margin (%) 25.70 — —
P/BV Ratio
5.69
RoE
11.56
RoCE
9.87
RoNW
10.93
PAT Margin
25.70
EBITDA Margin
36.11
Debt/Equity
0.56
Issue Structure & Shareholding
Total Shares OfferedN/A
Net Offer to Public34,25,600 shares (agg. up to ₹54 Cr)
Reserved for Market Maker2,22,400 shares (agg. up to ₹4 Cr)
Pre-Issue Promoter Holding1,00,50,275 shares
Post-Issue Promoter Holding1,36,98,275 shares
P/BV Ratio5.69
RoE11.56
RoCE9.87
Debt / Equity0.56
Script CodeN/A
Registrar & Lead Managers
Will be available once DRHP is filed.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Maxwell Engineering Solutions Ltd IPO subscribed? ▲

Maxwell Engineering Solutions Ltd IPO is subscribed 373.20 times by Nov 03, 2026. Retail: 546.87x. QIB: 104.51x. NII: 856.06x.

Investor CategorySubscription
Qualified Institutional (QIB)104.51x
Non Institutional (NII/HNI)856.06x
Retail Individual546.87x
Total Subscription373.20x
What is Maxwell Engineering Solutions Ltd IPO retail subscription status? ▼

The Maxwell Engineering Solutions Ltd IPO retail category is subscribed 546.87 times as of 03 Nov 2026. The retail portion is oversubscribed.

How to subscribe Maxwell Engineering Solutions Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Oct 2026 and closes 03 Nov 2026. Min investment: ₹126,400 (1 lot = 800 shares). UPI mandate: 5:00 PM on 03 Nov 2026.

How many times Maxwell Engineering Solutions Ltd IPO subscribed? ▼

The Maxwell Engineering Solutions Ltd IPO subscribed 373.20x overall. QIB: 104.51x, NII: 856.06x, Retail: 546.87x. Applications: from NSE/BSE.

How to check Maxwell Engineering Solutions Ltd IPO allotment? ▼

Check allotment on the registrar website. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Nov 2026. Refunds: on 10 Nov 2026.

When Maxwell Engineering Solutions Ltd IPO will be listed? ▼

The Maxwell Engineering Solutions Ltd IPO listing date is 06 Nov 2026, Friday. Listed on: NSE SME. Issue price: ₹158. Estimated listing: ₹240. GMP: +₹82.

When Maxwell Engineering Solutions Ltd IPO close? ▼

The Maxwell Engineering Solutions Ltd IPO closes on 03 Nov 2026, Tuesday. UPI mandate: 5:00 PM on 03 Nov 2026. Allotment: 09 Nov 2026. Listing: 06 Nov 2026.