MAXENGS
Maxwell Engineering Solutions Limited
- IPO Status
- Closed
- Open Date
- 30 Oct 2026
- Close Date
- 3 Nov 2026
IPO Details
- Min. Investment
- ₹2,52,800
- Price Band
- ₹150 - ₹158
- Lot Size
- 800 shares
- Issue Size
- ₹58 Cr
- Face Value
- 10
- IPO Doc
- RHP PDF
About
Maxwell Engineering makes precision parts for underwater pelletizing systems and will use IPO funds to buy new machinery.
- Listing At
- NSE
- Issue Type
- SME
- Registrar
- KFin Technologies
Schedule
- IPO open30 Oct 2026
- IPO close date3 Nov 2026
- Allotment date4 Nov 2026
- Funds unblock or debit5 Nov 2026
- Listing date6 Nov 2026
Financial Performance
- Revenue
- Net Worth
- Profit
Stocks similar to MAXENGS
- Kabra Extrusion Technik Ltd
- Omnitech Engineering Ltd.
- Sunita Tools Ltd.
Business & Strengths
Key things to know about the company
- What they do: Maxwell Engineering makes and services wear components and parts for underwater pelletizing systems.
- How they make money: Sells parts to plastics and polymer companies, and also offers repair services and white-label manufacturing.
Use of Proceeds
How the company plans to use the ₹41 cr raised
| Purpose | INR crores (%) |
|---|---|
| 17.24 (42.06%) | |
| 6.23 (15.19%) | |
| 4.12 (10.05%) | |
| 13.41 (32.71%) |
Subscription
Subscription numbers (in shares) as of 07:00 PM on November 03, 2026
| Category | Reserved | Applied | Subscription (X times) |
|---|---|---|---|
| Retail | 12 L | 66.73 Cr | 556.10x |
| HNI | 5.18 L | 44.48 Cr | 858.08x |
| QIB | 17.07 L | 17.73 Cr | 103.83x |
| Total | 26.24 L | 128.94 Cr | 491.39x |
FAQs
Maxwell Engineering Solutions Limited IPO is a SME IPO aggregating up to ₹58 Cr, with equity shares of face value ₹10 each. The shares are proposed to be listed on NSE.
The Maxwell Engineering Solutions Limited IPO opened on 30 Oct 2026 and closed on 3 Nov 2026. IPO Period: 30 Oct 2026 – 3 Nov 2026.
The price band for the Maxwell Engineering Solutions Limited IPO is ₹150 to ₹158 per share. Investors can bid within the specified price band, subject to the applicable IPO rules.
The minimum lot size is 800 shares. At the upper price band of ₹158, the minimum investment required is ₹2,52,800.
Particular Details Lot Size 800 shares Minimum Application 1,600 shares Price Band ₹150 – ₹158 Minimum Investment ₹2,52,800 Here is the timeline for the Maxwell Engineering Solutions Limited IPO:
IPO Event Date IPO Opens 30 Oct 2026 IPO Closes 3 Nov 2026 UPI Mandate Deadline 3 Nov 2026, 5:00 PM Basis of Allotment 4 Nov 2026 Refund Initiation 5 Nov 2026 Shares Credited 5 Nov 2026 Listing Date 6 Nov 2026 The basis of allotment for the Maxwell Engineering Solutions Limited IPO is expected to be finalised on 4 Nov 2026. Investors can check their allotment status through the registrar or relevant stock exchange website using their application details. Registrar: KFin Technologies.
The equity shares of Maxwell Engineering Solutions Limited are proposed to be listed on NSE. Proposed Listing Date: 6 Nov 2026.
The company plans to use the IPO proceeds for:
Purpose Amount Financing the capital expenditure requirement towards Purchase of New Machineries, Lab Equipment & Other utilities for our Manufacturing Facility ₹17.24 Cr (42.06%) Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility ₹6.23 Cr (15.19%) Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company ₹4.12 Cr (10.05%) Funding working capital requirements of our Company ₹13.41 Cr (32.71%) The key financial performance of Maxwell Engineering Solutions Limited is:
Financial Year Revenue Profit FY24 ₹10.54 Cr ₹3.16 Cr FY25 ₹22.1 Cr ₹9.18 Cr FY26 ₹29.45 Cr ₹11.86 Cr Revenue CAGR: 67.2% | Profit CAGR: 93.7%. Figures are as disclosed in the company's offer documents.
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