IPO SaathiSME IPO · NSE · Open now
Maxwell Engineering Solutions IPO GMP, Subscription & Dates
In short
Maxwell Engineering Solutions IPO is open for bidding. It closes on 3 Nov 2026 at 4 PM. The price band is ₹150 – ₹158, the lot size is 800 shares and the smallest application is ₹2,52,800. So far it is subscribed 72.97x overall. The GMP is ₹80 (50.6% of the ₹158 upper price band), last changed on 2 Nov 2026, 5:45 PM IST, which points to an indicative listing price of ₹238. GMP is an unofficial grey-market figure, not a forecast.
Maxwell Engineering Solutions IPO subscription status
The issue was subscribed 72.97x overall, as of 2 Nov 2026, 5:05 PM IST. Reserved and Applied are in lakh shares, from the exchange's bidding data. A dash means the category has no quota of its own; N/A means the exchange has not published it.
| Category | Reserved (L) | Applied (L) | Sub. |
|---|---|---|---|
| QIB | 6.83 | 0 | 0.00x |
| NII | 7.41 | 608.1 | 82.09x |
| bNII (> ₹10L) | 3.46 | 450.74 | 130.42x |
| sNII (₹2–10L) | 1.73 | 157.36 | 91.06x |
| Retail | 12 | 1,306.53 | 108.88x |
Maxwell Engineering Solutions IPO dates: open, close, allotment and listing
Dates and times are in Indian time. Allotment and refund are worked out from the close date by SEBI's T+3 timeline, skipping trading holidays.
| Milestone | Date |
|---|---|
| IPO opens | 30 Oct 2026, 10:00 AM |
| IPO closes | 3 Nov 2026, 4:00 PM |
| Allotment | 4 Nov 2026 (expected) |
| Refund and share credit | 5 Nov 2026 (expected) |
| Listing | 6 Nov 2026 (expected) |
Maxwell Engineering Solutions IPO price band, lot size and the amount you need
| Price band | ₹150 – ₹158 |
|---|---|
| Lot size | 800 shares |
| Smallest application | ₹2,52,800 |
| Issue size | ₹57.64 Cr |
| Board | SME |
| Listing on | NSE |
| Registrar | KFin Technologies Limited |
| Symbol | MAXENGS |
The amount each application size needs, at the upper price band:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,52,800 |
| Retail (Max) | 2 | 1,600 | ₹2,52,800 |
| S-HNI (Min) | 3 | 2,400 | ₹3,79,200 |
| S-HNI (Max) | 7 | 5,600 | ₹8,84,800 |
| B-HNI (Min) | 8 | 6,400 | ₹10,11,200 |
Maxwell Engineering Solutions IPO GMP today
We check the grey market about every hour and keep a new reading only when the value changes.
| GMP | ₹80 |
|---|---|
| GMP as a share of the upper price band | 50.6% |
| Indicative listing price | ₹238 |
| Last changed | 2 Nov 2026, 5:45 PM IST |
GMP is an unofficial figure from public grey-market trackers. No exchange or regulator issues it, and it can differ a lot from the listing price.
GMP day by day
| Date | GMP | Share of upper band | Indicative price |
|---|---|---|---|
| 2 Nov 2026 | ₹80 | 50.6% | ₹238 |
| 1 Nov 2026 | ₹70 | 44.3% | ₹228 |
| 31 Oct 2026 | ₹70 | 44.3% | ₹228 |
| 30 Oct 2026 | ₹70 | 44.3% | ₹228 |
| 29 Oct 2026 | ₹70 | 44.3% | ₹228 |
| 28 Oct 2026 | ₹43 | 27.2% | ₹201 |
| 27 Oct 2026 | ₹27 | 17.1% | ₹185 |
About Maxwell Engineering Solutions
Maxwell Engineering Solutions Limited is a precision engineering company engaged in the business of manufacturing, trading and servicing of critical components for underwater pelletizing systems. The company also offers services, including refurbishing & repair services, intermediary support & management consulting.
What the money is for
- Purchase of New Machineries, Lab Equipment & Other utilities
- Construction of New Office Building and Manufacturing facility
- Repayment / prepayment, in full or part, of certain borrowings
- Funding working capital requirements of our Company
Summarised from the company's offer document.
Offer document
Read the Maxwell Engineering Solutions offer document (RHP or DRHP, as filed with SEBI and the exchange).
Check your Maxwell Engineering Solutions IPO allotment status
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Common questions
What is the Maxwell Engineering Solutions IPO price band and lot size?
The price band is ₹150 – ₹158 and the lot size is 800 shares. The smallest application is ₹2,52,800 at the upper price band.
When does the Maxwell Engineering Solutions IPO open and close?
It opened on 30 Oct 2026 at 10 AM and closes on 3 Nov 2026 at 4 PM.
What is the Maxwell Engineering Solutions IPO subscription status?
It was subscribed 72.97x overall as of 2 Nov 2026, 5:05 PM IST. The table above shows each category.
When is the Maxwell Engineering Solutions IPO allotment and listing date?
By SEBI's timeline the allotment is on 4 Nov 2026, refunds and share credit on 5 Nov 2026, and listing on 6 Nov 2026, if the dates hold. The exchange confirms the listing date.
What is the Maxwell Engineering Solutions IPO GMP today?
Maxwell Engineering Solutions IPO GMP is ₹80, last changed on 2 Nov 2026, 5:45 PM IST. GMP is an unofficial grey-market figure.
Where do the numbers come from?
Dates, price band, lot size and subscription come from the exchanges and SEBI filings. GMP comes from public grey-market trackers. See the Data sources page.
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