Minimum Investment
₹126,400
Price Range
₹150 to ₹158
Lot Size
800 shares
Issue Size
₹58 Cr
About the Company
Incorporated in September 2022, Maxwell Engineering Solutions Limited is a precision engineering company engaged in the manufacturing, trading and servicing of critical components for underwater pelletizing systems. The Company manufactures a range of components for underwater pelletizing systems, including pelletizing die plates, pelletizing blades and knives, blade holders, cutter hubs, tapped driving bushes and other spare parts. Its products cater to polymer compounding, masterbatches, engineering plastics, cable compounds, specialty polymers and plastics recycling industries. The Company also undertakes customised manufacturing based on customer specifications and offers white-label manufacturing, enabling customers to market products under their own brands. Its business operates through three segments: manufacturing, services and trading.
Bookbuilding IPO
IPO Objectives
- 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
Important Dates
| Bid/Offer Opens On | 30-10-2026 |
| Bid/Offer Closes On | 03-11-2026 |
| Finalisation of Basis of Allotment | 04-11-2026 |
| Initiation of Refunds | 05-11-2026 |
| Credit of Shares to Demat | 05-11-2026 |
| IPO Listing Date | 06-11-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 683,200 | 0 | 0.00x |
| NII | 518,400 | 0 | 0.00x |
| NII ( >10 lakh) | 345,600 | 0 | 0.00x |
| NII ( <10 lakh) | 172,800 | 0 | 0.00x |
| Retail | 1,200,000 | 0 | 0.00x |
| Total | 2,401,600 | 0 | 0.00x |
Frequently asked questions
What is the Maxwell Engineering Solutions IPO (NSE SME) IPO lot size?
The lot size is 800 shares with a minimum investment of ₹126,400.
When does the Maxwell Engineering Solutions IPO (NSE SME) IPO open and close?
Bidding is scheduled from 30-10-2026 to 03-11-2026 (subject to exchange updates).
How can I apply for the Maxwell Engineering Solutions IPO (NSE SME) IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Maxwell Engineering Solutions IPO (NSE SME) IPO listing date?
Shares are expected to list on 06-11-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Kfin Technologies Ltd.
Lead Managers
- JDA Capital Services Ltd.
Company Promoters
- Rajkumar Chaudhary
- Vinubhai Kanjibhai Chavda and Ria Rajkumar Chaudhary.
