Status
Open
Price band
₹150–₹158
Lot size
800 shares
Minimum investment
₹1,26,400 for 1 lot
Issue size
₹57.64 crore
Dates
30 Oct 2026 – 3 Nov 2026
GMP
₹70
Unofficial
This page keeps the public figures for the Maxwell Engineering Solutions Ltd. IPO in one place. When a price band is shown, it is the range of prices you can bid. The lot size is the smallest number of shares in one application. The minimum investment is one lot at the top of that band. The issue size is the amount being offered. A fresh issue is new shares, and the company receives that money. An offer for sale is shares sold by existing holders. The dates run from the day the issue opens to the day it lists. Allotment is the day shares are assigned. Refunds go back to people who were not allotted shares. Demat credit is the day allotted shares show in a demat account. Subscription, when it is shown, is how many times each category bid. A grey market premium, when it is shown, is unofficial and is not a guarantee of the listing price. The links go to the prospectus and the exchange notices when they are published. Nothing on this page is a recommendation to apply.
In FY26, Maxwell Engineering Solutions Ltd. reported total income was ₹30.76 crore and profit after tax was ₹11.86 crore. Total income was up 36.2% from ₹22.59 crore in FY25. Profit after tax was up 29.2% from ₹9.18 crore in FY25.
The Maxwell Engineering Solutions Ltd. issue is a fresh issue of ₹54.12 crore. A fresh issue is new shares, so the company receives that money.
The Maxwell Engineering Solutions Ltd. timeline is: opens on 30 Oct 2026, closes on 3 Nov 2026, allotment is on 4 Nov 2026, refunds are on 5 Nov 2026, demat credit is on 5 Nov 2026, listing is on 6 Nov 2026.
The minimum retail application for Maxwell Engineering Solutions Ltd. is ₹1,26,400 for 1 lot.
The grey market premium shown for Maxwell Engineering Solutions Ltd. is ₹70. Grey market premium is unofficial and not a guarantee of listing price.
The total subscription for Maxwell Engineering Solutions Ltd. is 4.67 times.
Dates
Opens
30 Oct 2026
Closes
3 Nov 2026
Allotment
4 Nov 2026
Refunds
5 Nov 2026
Demat credit
5 Nov 2026
Listing
6 Nov 2026
Maxwell Engineering Solutions makes, trades and services critical parts for underwater pelletizing systems. These systems are used in plastics and polymer processing.
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
Promoters
Rajkumar Chaudhary, Vinubhai Kanjibhai Chavda and Ria Rajkumar Chaudhary
Subscription
Subscribed 4.67x overall as of Day 1, 30 Oct 5 pm IST.
NII
4.35x
Retail
7.47x
Total
4.67x
Issue
- Face value
- ₹10
- Fresh issue
- ₹54.12 crore
- Exchanges
- NSE Emerge
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 35.03%
- NII
- 15.13%
- QIB
- 49.84%
Financials
₹ crore, for the last three reported years.
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY26 | 30.76 | 11.86 | 24.87 | — | — |
| FY25 | 22.59 | 9.18 | 13.01 | — | — |
| FY24 | 10.87 | 3.16 | 3.33 | — | — |
Frequently asked questions
What is the price band?
The price band is ₹150 to ₹158.
When does this issue open?
It opens on 30 Oct 2026 and closes on 3 Nov 2026.
What is the minimum investment?
The minimum retail application is ₹1,26,400 for 1 lot.
What does the grey market premium mean here?
₹70 as of 30 Oct 2026, 11:37 pm IST. It is unofficial.
How many times was it subscribed?
The total subscription is 4.67 times, checked 30 Oct 2026, 5:00 pm IST.
When is allotment?
Allotment is on 4 Nov 2026.
The questions above use only the figures on this page.
This page is a calendar of dates and prices. It is not a recommendation to apply.