Maxwell Engineering Solutions IPO is a proposed SME book-built public issue of Maxwell Engineering Solutions Limited. The issue is entirely a fresh issue of 36,48,000 equity shares, with an aggregate value of approximately ₹57.64 crore at the upper price band. The price band is ₹150 to ₹158 per share, and the shares are proposed to be listed on the NSE Emerge platform.
The IPO is scheduled to open on October 30, 2026, and close on November 3, 2026. The tentative allotment date is November 4, 2026, while the shares are expected to list on November 6, 2026. JDA Capital Services Limited is the book-running lead manager, KFin Technologies Limited is the registrar, and Beeline Broking Limited is the market maker.
Maxwell Engineering Solutions Limited is a precision engineering company specialising in components and services for underwater pelletizing systems. Its products include pelletizing die plates, blades and knives, blade holders, cutter hubs, tapped driving bushes and other spare parts. The company serves polymer compounding, masterbatch, engineering plastics, cable compounds, specialty polymers and plastics recycling industries.
The company operates across manufacturing, services and trading. Its manufacturing operations include precision machining and testing, while certain specialised processes such as heat treatment, hardening and coating are outsourced. Investors should assess its financial performance, the use of IPO proceeds, valuation, working-capital requirements and the competitive conditions in specialised engineering before making an investment decision.
Table of Contents
Maxwell Engineering Solutions IPO Details
| IPO Details | Information |
|---|---|
| IPO Name | Maxwell Engineering Solutions IPO |
| Company Name | Maxwell Engineering Solutions Limited |
| IPO Type | Book-Built Issue |
| IPO Category | SME IPO |
| Face Value | ₹10 per equity share |
| Price Band | ₹150 to ₹158 per share |
| Total Issue Size | 36,48,000 shares; approximately ₹57.64 crore at the upper band |
| Fresh Issue | 36,48,000 shares |
| Offer for Sale | Nil |
| IPO Open Date | October 30, 2026 |
| IPO Close Date | November 3, 2026 |
| Anchor Investor Bidding | 29 October 2026 |
| Basis of Allotment | November 4, 2026 |
| Refund Initiation | November 5, 2026 |
| Shares Credited to Demat Account | November 5, 2026 |
| Listing Date | November 6, 2026 |
| Listing Exchange | NSE Emerge |
| Lot Size | 800 shares |
| Registrar | KFin Technologies Limited |
| Book Running Lead Manager | JDA Capital Services Limited |
| Market Maker | Beeline Broking Limited |
The company proposes to use the net proceeds from the fresh issue for machinery and laboratory equipment, construction of a new office and manufacturing facility, repayment or prepayment of borrowings, working capital and general corporate purposes. The market-maker reservation is 2,22,400 shares. After excluding this reservation, the net offer to the public is 34,25,600 shares.
Maxwell Engineering Solutions IPO Dates
| IPO Event | Date |
|---|---|
| IPO Opening Date | October 30, 2026 |
| IPO Closing Date | November 3, 2026 |
| Basis of Allotment | November 4, 2026 |
| Refund Initiation | November 5, 2026 |
| Shares Credited to Demat Account | November 5, 2026 |
| Listing Date | November 6, 2026 |
After the basis of allotment is finalised, successful applicants are expected to receive the allotted shares in their Demat accounts before trading begins. Investors who do not receive an allotment should have their blocked application amount released according to the applicable process.
Maxwell Engineering Solutions IPO Reservation
The total issue consists of 36,48,000 shares, including a firm reservation of 2,22,400 shares for the market maker. The net offer to the public is 34,25,600 shares. The supplied reservation figures allocate 49.84% of the net offer to QIBs, 15.13% to NIIs and 35.03% to retail individual investors.
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 17,07,200 | 49.84% | 46.80% |
| Anchor Investor | 10,24,000 | — | 28.07% |
| QIB (Excluding Anchor) | 6,83,200 | — | 18.73% |
| Non-Institutional Investors (NII) | 5,18,400 | 15.13% | 14.21% |
| bNII | 3,45,600 | — | 9.47% |
| sNII | 1,72,800 | — | 4.74% |
| Retail Individual Investors (RII) | 12,00,000 | 35.03% | 32.89% |
| Market Maker | 2,22,400 | — | 6.10% |
| Total | 36,48,000 | — | 100.00% |
The final category allocation and subscription multiples should be updated using the final issue documents and official subscription figures.
Maxwell Engineering Solutions IPO Lot Size
The lot size is 800 shares. At the upper price band of ₹158, one lot is worth ₹1,26,400. The minimum application for individual investors is 1,600 shares, or two lots, amounting to ₹2,52,800. HNI application amounts are calculated using the same upper price band.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (Minimum) | 2 | 1,600 | ₹2,52,800 |
| Individual Investors (Maximum) | 2 | 1,600 | ₹2,52,800 |
| S-HNI (Minimum) | 3 | 2,400 | ₹3,79,200 |
| S-HNI (Maximum) | 7 | 5,600 | ₹8,84,800 |
| B-HNI (Minimum) | 8 | 6,400 | ₹10,11,200 |
These values are based on the upper price band of ₹158 per share. Investors should confirm the category-specific application rules before submitting bids.
Maxwell Engineering Solutions IPO GMP History
The Maxwell Engineering Solutions IPO GMP is ₹105 as of 6 November 2026. At the upper issue price of ₹158 per share, the estimated listing price is ₹263, indicating an estimated gain of 66.46%.
Maxwell Engineering Solutions IPO GMP History (Day-Wise)
| Date | GMP (₹) | Estimated Listing Price (₹) | Estimated Gain (%) |
|---|---|---|---|
| 6 November 2026 | 105 | 263 | 66.46% |
| 5 November 2026 | 105 | 263 | 66.46% |
| 4 November 2026 | 113 | 271 | 71.52% |
| 3 November 2026 | 80 | 238 | 50.63% |
| 2 November 2026 | 80 | 238 | 50.63% |
| 1 November 2026 | 70 | 228 | 44.30% |
| 31 October 2026 | 70 | 228 | 44.30% |
| 30 October 2026 | 70 | 228 | 44.30% |
| 29 October 2026 | 70 | 228 | 44.30% |
| 28 October 2026 | 43 | 201 | 27.22% |
| 27 October 2026 | 27 | 185 | 17.09% |
The Maxwell Engineering Solutions IPO GMP increased from ₹27 on 27 October to ₹70 by 29 October 2026. It remained unchanged at ₹105 through 6 November, indicating sustained grey market interest during the recorded period. Based on the latest GMP, the estimated listing price stands at ₹263 per share.
About Maxwell Engineering Solutions Limited
Maxwell Engineering Solutions Limited was incorporated in September 2022 and operates in precision engineering. The company manufactures, trades and services components used in underwater pelletizing systems. These components are important to pelletizing equipment used in polymer processing and related industrial applications.
Its product portfolio includes pelletizing die plates, pelletizing blades and knives, blade holders, cutter hubs, tapped driving bushes and other spare parts. The company also offers customised manufacturing based on customer requirements and white-label manufacturing, allowing customers to market products under their own brands.
The company’s operations are divided into three segments: manufacturing, services and trading. Its manufacturing facility is located at Waghodia GIDC, Vadodara, Gujarat. The company commenced operations at its company-owned facility in July 2025 and has progressively moved manufacturing activities from its earlier leased facility in Makarpura, Vadodara.
The facility includes precision machining and testing equipment such as VMC, CNC, milling, EDM, wire-cut, lathe and surface-grinding machines. Certain processes, including heat treatment, hardening and coating, are outsourced to specialist job workers. The company also provides refurbishment and repair services for used die plates and offers support related to the marketing and supply of CJTEK components.
Maxwell Engineering Solutions serves customers in India and international markets, including the USA, Germany, the Netherlands, Israel, Saudi Arabia, Japan, Australia and Italy. It holds ISO 9001:2015 certification and received ZED Bronze Certification under the MSME Sustainable Certification Scheme in November 2025. As of September 30, 2026, the company had 71 full-time employees, excluding directors, across production, operations, quality, testing, design, sales, marketing, finance and administration.
Business Operations
Maxwell Engineering Solutions operates through three principal business segments.
- Manufacturing: Produces precision components such as pelletizing die plates, blades and knives, blade holders, cutter hubs and tapped driving bushes for underwater pelletizing systems.
- Services: Offers refurbishment and repair services for used die plates and other relevant components. These services can help customers maintain equipment and extend the usable life of components.
- Trading: Facilitates the supply and marketing of selected components, including CJTEK products, to customers.
- Customised and white-label manufacturing: Produces components to customer specifications and supports customers that sell products under their own brands.
- Precision machining and testing: Uses equipment such as CNC and VMC machines, milling equipment, EDM, wire-cut machines, lathes and surface grinders for specialised manufacturing requirements.
- Outsourced specialised processes: Uses external job workers for certain processes such as heat treatment, hardening and coating.
Its product range supports customers in polymer compounding, masterbatches, engineering plastics, cable compounds, specialty polymers and plastics recycling.
Industry Overview
The precision engineering and industrial components sector supports a wide range of manufacturing industries. Components used in polymer processing systems must meet technical requirements for dimensions, material properties, durability and performance. Customers may require replacement components, repair services and customised products to maintain production efficiency.
Demand for specialised pelletizing-system components is linked to the activity of polymer compounders, plastics processors, masterbatch producers, cable-compound manufacturers and recycling businesses. These industries require reliable equipment and spare parts to maintain production and product quality. International demand can also create opportunities for specialist manufacturers, although export-oriented operations can be affected by foreign-market conditions, shipping costs, exchange-rate movements and customer procurement cycles.
Precision engineering businesses generally compete on quality, technical expertise, delivery timelines, pricing and the ability to meet customised requirements. Investment in manufacturing equipment and testing infrastructure can support product consistency, but it also increases capital requirements and the importance of capacity utilisation. Investors should evaluate Maxwell Engineering Solutions’ market position and financial results in the context of these industry characteristics.
Business Strategy
Maxwell Engineering Solutions’ business strategy centres on specialised component manufacturing, customer-specific solutions and services related to underwater pelletizing systems. Its product portfolio allows it to serve customers with different equipment requirements across polymer processing and associated industries.
The company’s company-owned manufacturing facility at Waghodia GIDC is an important part of its operating setup. Investment in machinery, laboratory equipment and utilities is intended to support production capability and quality requirements. The proposed capital expenditure for a new office and manufacturing facility is also intended to strengthen its infrastructure.
The company serves domestic and overseas customers and offers customised and white-label manufacturing. These services may support customer relationships by providing tailored products and supply options. The company also offers refurbishment and repair services, which add a service element alongside manufacturing and trading.
The proposed IPO proceeds are intended to support capital expenditure, debt repayment and working capital. The effectiveness of these plans will depend on execution, utilisation of new equipment, customer demand and the company’s ability to manage costs and cash flow.
Maxwell Engineering Solutions IPO Financial Information
A company’s financial statements help investors evaluate revenue growth, profitability, assets, borrowing levels and the capacity to fund operations. The figures below are the restated figures supplied for the company, in ₹ crore.
Maxwell Engineering Solutions Financial Summary
| Particulars | 31 July 2026 | FY2026 | FY2025 | FY2024 |
|---|---|---|---|---|
| Total Assets | ₹51.79 Cr | ₹47.55 Cr | ₹25.31 Cr | ₹8.51 Cr |
| Total Income | ₹12.25 Cr | ₹30.76 Cr | ₹22.59 Cr | ₹10.87 Cr |
| EBITDA | ₹4.29 Cr | ₹15.19 Cr | ₹11.69 Cr | ₹4.25 Cr |
| Profit After Tax (PAT) | ₹3.05 Cr | ₹11.86 Cr | ₹9.18 Cr | ₹3.16 Cr |
| Net Worth | ₹27.92 Cr | ₹24.87 Cr | ₹13.01 Cr | ₹3.33 Cr |
| Reserves and Surplus | ₹17.87 Cr | ₹14.82 Cr | ₹10.25 Cr | ₹3.32 Cr |
| Total Borrowings | ₹15.77 Cr | ₹16.73 Cr | ₹8.60 Cr | ₹3.19 Cr |
Amounts are in ₹ crore. July 31, 2026 represents a period-ended figure and should not be compared directly with full-year results without accounting for the difference in reporting periods.
The company’s total income increased from ₹22.59 crore in FY2025 to ₹30.76 crore in FY2026. Profit after tax rose from ₹9.18 crore to ₹11.86 crore during the same period. Assets and net worth also increased, reflecting expansion in the scale of the business and its balance sheet.
Borrowings increased from ₹8.60 crore in FY2025 to ₹16.73 crore in FY2026, before being reported at ₹15.77 crore as of July 31, 2026. Investors should assess this borrowing position alongside the proposed use of IPO proceeds for debt repayment, capital expenditure and working capital. They should also consider the company’s cash conversion cycle, customer concentration and the sustainability of reported margins.
Maxwell Engineering Solutions IPO Key Performance Indicators (KPIs)
Key performance indicators help investors assess profitability, operational efficiency, leverage and the valuation assigned to a business. The figures below are based on the supplied company data.
| KPI | 31 July 2026 | 31 March 2026 |
|---|---|---|
| ROE | 11.56% | 62.63% |
| ROCE | 9.87% | 38.46% |
| Debt/Equity | 0.56x | 0.67x |
| RoNW | 10.93% | 47.70% |
| PAT Margin | 25.70% | 40.28% |
| EBITDA Margin | 36.11% | 51.58% |
| NAV per Share | ₹27.78 | ₹24.74 |
| Price-to-Book Ratio | 5.69x | 6.39x |
The reported profitability and return ratios differ between the July 2026 period and the financial year ended March 2026. Investors should read these measures alongside the length of each reporting period and the company’s reported financial statements. The figures should not be treated as directly comparable annual returns without reviewing the calculation basis.
Maxwell Engineering Solutions IPO Valuation
| Valuation Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | ₹11.80 | ₹6.68 |
| P/E | 13.39x | 23.65x |
| Market Capitalisation at Offer Price | ₹158.79 Cr | ₹216.43 Cr |
The valuation figures above are based on the supplied data. At the upper price band of ₹158, the post-issue market capitalisation is reported at ₹216.43 crore. Investors should compare the issue valuation with relevant precision-engineering businesses and consider the company’s financial performance, industry risks and future capital requirements.
Shareholding Structure
| Category | Pre-IPO | Post-IPO |
|---|---|---|
| Promoter and Promoter Group | 97.26% | 71.36% |
| Public | 2.74% | 28.64% |
| Total | 100% | 100% |
The post-issue shareholding reflects the dilution arising from the fresh issue. Investors should refer to the final offer document for the definitive post-issue shareholding and share-capital figures.
Objects of the Maxwell Engineering Solutions IPO
The company proposes to utilise the net proceeds from the issue for the following purposes:
| No. | Issue Object | Estimated Amount |
|---|---|---|
| 1 | Purchase of new machinery, laboratory equipment and other utilities for the manufacturing facility | ₹18.00 Cr |
| 2 | Construction of a new office building and manufacturing facility | ₹6.50 Cr |
| 3 | Repayment or prepayment, in full or part, of certain outstanding borrowings | ₹4.30 Cr |
| 4 | Funding working-capital requirements | ₹14.00 Cr |
| 5 | General corporate purposes | |
| Total of quantified objects | ₹42.80 Cr |
The quantified objects above total ₹42.80 crore, excluding the unfilled general corporate purposes allocation. This is lower than the headline fresh-issue size of approximately ₹57.64 crore. The final prospectus should be consulted for the definitive object-wise amounts, issue expenses and the balance allocation before the page is published.
The planned machinery and facility expenditure is intended to expand and support manufacturing capability. Repayment or prepayment of borrowings may reduce financing obligations, while working-capital funding can help cover inventory, production and customer-credit requirements.
Maxwell Engineering Solutions IPO Listing Performance
Listing performance measures the price at which shares begin trading relative to the issue price. The listing price and gain cannot be confirmed before trading begins.
| Particular | Value |
|---|---|
| Listing Exchange | NSE Emerge |
| Listing Date | November 6, 2026 |
| Issue Price | ₹158 per share at the upper band |
| Listing Price | ₹300.20 |
| Listing Gain | ₹142.20 |
| Listing Gain (%) | 90.00% |
The listing-price and listing-gain fields should be updated after the shares begin trading. The actual listing performance may differ from unofficial grey-market indications.
Maxwell Engineering Solutions IPO Subscription Status
Maxwell Engineering Solutions IPO received an overwhelming response from investors, with the issue subscribed 536.80 times overall by the end of the bidding period on November 3, 2026. The NII category recorded the highest subscription, followed by retail investors and QIBs.
Maxwell Engineering Solutions IPO Subscription (Final):
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 259.45x |
| Non-Institutional Investors (NII) | 857.65x |
| Retail Individual Investors (RII) | 556.09x |
| Total Subscription | 536.80x |
The final subscription figures reflect exceptionally strong demand across all investor categories. The NII segment led with 857.65 times subscription, while retail investors subscribed 556.09 times and QIBs subscribed 259.45 times.
Maxwell Engineering Solutions IPO Review
Maxwell Engineering Solutions Limited operates in a specialised segment of precision engineering, supplying components and services for underwater pelletizing systems. Its portfolio of die plates, blades, blade holders, cutter hubs and other components supports customers involved in polymer processing and plastics-related industries. The combination of manufacturing, trading and repair services gives the company several ways to serve customer requirements.
The company has reported growth in total income and profit after tax between FY2025 and FY2026. Total income increased from ₹22.59 crore to ₹30.76 crore, while PAT rose from ₹9.18 crore to ₹11.86 crore. Assets and net worth also expanded. However, borrowing levels increased over the same period, making it important for investors to evaluate the balance sheet and the company’s ability to fund capital expenditure and working capital without putting undue pressure on cash flow.
The proposed use of IPO proceeds includes ₹18.00 crore for machinery, laboratory equipment and utilities, ₹6.50 crore for a new office and manufacturing facility, ₹4.30 crore for repayment or prepayment of borrowings, and ₹14.00 crore for working capital. These quantified allocations total ₹42.80 crore, so the final offer document should be checked to reconcile them with the headline issue size and the allocation for general corporate purposes.
At the upper price band of ₹158, the supplied valuation data indicates a post-issue P/E of 23.65x and a post-issue market capitalisation of ₹216.43 crore. Investors should compare this valuation with appropriate peers and assess the company’s specialised product portfolio, overseas exposure, manufacturing capabilities, customer relationships, borrowing position and execution risks. This review is informational and is not a buy or sell recommendation.
Maxwell Engineering Solutions IPO Strengths
- Specialised product portfolio: Manufactures die plates, blades, blade holders, cutter hubs and other components used in underwater pelletizing systems.
- Diversified business segments: Operates across manufacturing, services and trading.
- Customised manufacturing: Offers customer-specific components and white-label manufacturing.
- International market presence: Serves customers in India and overseas markets.
- Manufacturing infrastructure: Operates a company-owned facility with precision machining and testing equipment.
- Quality certification: Holds ISO 9001:2015 certification and ZED Bronze Certification.
- Reported financial growth: Total income and PAT increased between FY2025 and FY2026.
Maxwell Engineering Solutions IPO Risk Factors
- Specialised market exposure: Demand depends partly on customers in polymer processing, plastics recycling and related industries.
- Execution risks: New machinery and facility investments require effective implementation and utilisation.
- Borrowings: The company has reported borrowings of ₹16.73 crore for FY2026 and ₹15.77 crore as of July 31, 2026.
- Working-capital requirements: Inventory, procurement and customer-credit terms can affect cash flow.
- Outsourced processes: Certain specialised manufacturing processes are carried out by external job workers.
- Competition: Product quality, pricing, customisation and delivery reliability can influence the company’s competitive position.
- SME-market volatility: Shares listed on SME platforms can experience limited liquidity and significant price movements.
Maxwell Engineering Solutions IPO Promoters
The company’s identified promoters are Rajkumar Chaudhary, Vinubhai Kanjibhai Chavda and Ria Rajkumar Chaudhary. The promoter group has experience in the company’s business and its development in precision engineering.
Maxwell Engineering Solutions IPO Promoters Details
| Promoter | Designation / Status |
|---|---|
| Rajkumar Chaudhary | Chairman and Managing Director |
| Vinubhai Kanjibhai Chavda | Whole-Time Director |
| Ria Rajkumar Chaudhary | Non-Executive Director |
Maxwell Engineering Solutions IPO Management Team
The company is supported by a management team covering leadership, operations, finance, manufacturing and compliance.
| Name | Designation |
|---|---|
| Rajkumar Chaudhary | Chairman and Managing Director |
| Vinubhai Chavda | Whole-Time Director |
| Ria Chaudhary | Non-Executive Director |
| Hiten Prajapati | Independent Director |
| Puja Kasera | Independent Director |
| Prabhat Singh | Chief Executive Officer |
| Pooja Lokhande | Chief Financial Officer |
| Nishit Patel | Head – Operations |
| Krati Gupta | Company Secretary and Compliance Officer |
| Chetna Bodke | Chief Marketing Officer |
Maxwell Engineering Solutions IPO Registrar Details
The registrar processes IPO applications, helps finalise the basis of allotment, facilitates share credits and refunds, and handles investor queries relating to the issue.
| Particular | Details |
|---|---|
| Registrar Name | KFin Technologies Limited |
| Website | https://www.kfintech.com/ |
| Registrar Website | https://ris.kfintech.com/ |
| IPO Allotment Status | https://ris.kfintech.com/ |
| Email ID | [email protected] |
| Contact Number | 040-79615565 |
Maxwell Engineering Solutions IPO Lead Manager Details
The book-running lead manager coordinates the IPO process and assists with the issue’s execution and regulatory requirements.
| Particular | Details |
|---|---|
| Lead Manager | JDA Capital Services Limited |
| Market Maker | Beeline Broking Limited |
Maxwell Engineering Solutions Limited Contact Details
| Particular | Details |
|---|---|
| Company Name | Maxwell Engineering Solutions Limited |
| Registered Office | Plot 939 & 940, Waghodia GIDC, Waghodia, Vadodara, Gujarat – 391760, India |
| Website | https://maxwells.in/ |
| Email ID | [email protected] |
| Contact Number | +91 96385 42674 |
How to Check Maxwell Engineering Solutions IPO Allotment Status
Investors can check their allotment status after the basis of allotment is finalised. The registrar’s website is the main place to check application results, while exchange-related IPO facilities may also provide allotment information where available.
Through KFin Technologies Limited
- Visit the KFin Technologies website: https://ris.kfintech.com/.
- Open the IPO allotment-status section when it is available.
- Select Maxwell Engineering Solutions IPO from the list.
- Choose an accepted search option, such as PAN, application number or Demat details.
- Enter the required information.
- Submit the details to view the allotment result.
Through NSE
- Visit the official NSE website.
- Open the IPO or issue-information section when allotment information becomes available.
- Select Maxwell Engineering Solutions IPO, if listed.
- Enter the requested application or investor details.
- Submit the information to view the result, if the facility is provided.
Investors should use the official registrar or exchange pages and avoid entering PAN, bank or Demat details on unverified websites.
Maxwell Engineering Solutions IPO Conclusion
Maxwell Engineering Solutions Limited operates in a specialised precision-engineering segment serving underwater pelletizing systems. Its product portfolio, customised manufacturing services, repair activities and international customer base provide several avenues for business activity. The company has also reported growth in income and profitability between FY2025 and FY2026.
The IPO proceeds are intended to support manufacturing equipment, a new facility, repayment or prepayment of borrowings and working-capital requirements. These investments may support operating capacity, but their benefits will depend on execution, utilisation and demand. Investors should also review borrowing levels, working-capital needs, outsourced manufacturing processes and the company’s exposure to specialised industrial customers.
At the upper price band of ₹158, the supplied figures indicate a post-issue P/E of 23.65x. Investors should evaluate the valuation against comparable businesses, review the final offer document and consider both the company’s financial performance and the risks associated with SME-listed shares before making an investment decision.
Maxwell Engineering Solutions IPO FAQs
What is Maxwell Engineering Solutions IPO?
Maxwell Engineering Solutions IPO is a proposed SME book-built public issue of Maxwell Engineering Solutions Limited, comprising a fresh issue of 36,48,000 equity shares.
What is the price band of Maxwell Engineering Solutions IPO?
The price band is ₹150 to ₹158 per equity share, with a face value of ₹10 per share.
What is the issue size of Maxwell Engineering Solutions IPO?
The issue consists of 36,48,000 shares, with an aggregate value of approximately ₹57.64 crore at the upper price band of ₹158.
When will Maxwell Engineering Solutions IPO open?
The IPO is scheduled to open for subscription on October 30, 2026.
When will Maxwell Engineering Solutions IPO close?
The IPO is scheduled to close on November 3, 2026.
On which exchange will Maxwell Engineering Solutions shares be listed?
The shares are proposed to be listed on NSE Emerge.
Who is the registrar for Maxwell Engineering Solutions IPO?
KFin Technologies Limited is the registrar to the issue.
What is the face value of Maxwell Engineering Solutions IPO shares?
The face value is ₹10 per equity share.
What does Maxwell Engineering Solutions Limited do?
The company manufactures, trades and services precision components for underwater pelletizing systems, including die plates, blades, blade holders, cutter hubs and related spare parts.
What are the objects of Maxwell Engineering Solutions IPO?
The proposed uses include machinery and laboratory equipment, construction of a new office and manufacturing facility, repayment or prepayment of borrowings, working capital and general corporate purposes. The final prospectus should be checked for the definitive object-wise allocation.
