Maxwell Engineering Solutions IPO
Maxwell Engineering Solutions is a Mainboard IPO in the Other Industrial Products sector, raising ₹58 Cr through a fresh capital only. The issue opens on 30 Oct and closes on 03 Nov, with a price band of ₹150-158 and a lot size of 800 shares. The face value per share is ₹10 per share. Shares are expected to list on NSE SME around Fri, Nov 6, 2026T. Kfin Technologies Ltd. is the registrar for this issue. The lead manager is JDA Capital Services Ltd.. Promoter shareholding stands at 1,36,98,275 shares post-issue (down from 1,00,50,275 shares pre-issue). For the period ended 31 Jul 2026, the company reported profit after tax of 3.05.
Data refreshed 28 Oct 2026 · Not investment advice
IPO timeline
- IPO OPENS30 Oct
- IPO CLOSES03 Nov
- LISTING DATEFri, Nov 6, 2026T
IPO details
| Company | Maxwell Engineering Solutions |
|---|---|
| Segment | Mainboard |
| Industry | Other Industrial Products |
| Price band | ₹150-158 |
| Face value | ₹10 per share |
| Lot size | 800 shares |
| Total issue size | ₹58 Cr |
| Issue type | Fresh capital only |
| Listing at | NSE SME |
| Registrar | Kfin Technologies Ltd. |
| Lead manager(s) | JDA Capital Services Ltd. |
| Promoter holding (pre-issue) | 1,00,50,275 shares |
| Promoter holding (post-issue) | 1,36,98,275 shares |
Key terms: IPO · Price band · Lot size · GMP (grey market premium) · ASBA · Basis of allotment · Learn how IPOs work
Reservation by investor category
| QIB | 17,07,200 |
|---|---|
| NII (HNI) | 5,18,400 |
| Retail | 12,00,000 |
Financials
| Particulars | 31 Jul 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 51.79 | 47.55 | 25.31 | 8.51 |
| Total Income | 12.25 | 30.76 | 22.59 | 10.87 |
| Profit After Tax | 3.05 | 11.86 | 9.18 | 3.16 |
| EBITDA | 4.29 | 15.19 | 11.69 | 4.25 |
| NET Worth | 27.92 | 24.87 | 13.01 | 3.33 |
| Reserves and Surplus | 17.87 | 14.82 | 10.25 | 3.32 |
| Total Borrowing | 15.77 | 16.73 | 8.60 | 3.19 |
Amounts as reported in the offer documents (restated); units as shown by the source.
Maxwell Engineering Solutions IPO — FAQs
What is the price band of Maxwell Engineering Solutions IPO?
The price band for the Maxwell Engineering Solutions IPO is ₹150-158, with a lot size of 800 shares.
When does the Maxwell Engineering Solutions IPO open and close?
The Maxwell Engineering Solutions IPO opens on 30 Oct and closes on 03 Nov.
What is the minimum investment in Maxwell Engineering Solutions IPO?
One lot is 800 shares, so at the upper end of the price band (₹150-158) the minimum application is about ₹1,26,400.
When will Maxwell Engineering Solutions shares list?
Maxwell Engineering Solutions shares are expected to list on NSE SME around Fri, Nov 6, 2026T.
Who is the registrar for Maxwell Engineering Solutions IPO?
Kfin Technologies Ltd. is the registrar. Use its website to check your allotment status after the basis of allotment.
What is the issue size of Maxwell Engineering Solutions IPO?
The Maxwell Engineering Solutions IPO is an issue of ₹58 Cr (Fresh capital only).
Is Maxwell Engineering Solutions IPO a mainboard or SME issue?
The Maxwell Engineering Solutions IPO is a mainboard issue, listing on NSE SME. Mainboard IPOs list on the main segment of the exchange.
How do I apply for Maxwell Engineering Solutions IPO?
Apply through the IPO section of your broker app using UPI, or through ASBA in your net banking, between the open and close dates. Bid at or above the cut-off price in multiples of one lot. Our step-by-step guide to applying through UPI and ASBA walks through each screen.
Official & further reading
More IPOs
Market Dekho is for educational purposes only and is not SEBI registered. IPO details are compiled from public sources and may contain errors or be out of date — always read the official offer document (RHP/prospectus) before applying. Disclaimer