Maxwell Engineering Solutions Limited IPO
Maxwell Engineering Solutions Limited is a SME 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 Rs.150 to Rs.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 29 Oct 2026 · Not investment advice
IPO timeline
- IPO OPENS30 Oct
- IPO CLOSES03 Nov
- LISTING DATEFri, Nov 6, 2026T
IPO details
| Company | Maxwell Engineering Solutions Limited |
|---|---|
| Segment | SME |
| Industry | Other Industrial Products |
| Price band | Rs.150 to Rs.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 Limited IPO — FAQs
What is the price band of Maxwell Engineering Solutions Limited IPO?
The price band for the Maxwell Engineering Solutions Limited IPO is Rs.150 to Rs.158, with a lot size of 800 shares.
When does the Maxwell Engineering Solutions Limited IPO open and close?
The Maxwell Engineering Solutions Limited IPO opens on 30 Oct and closes on 03 Nov.
What is the minimum investment in Maxwell Engineering Solutions Limited IPO?
One lot is 800 shares, so at the upper end of the price band (Rs.150 to Rs.158) the minimum application is about ₹1,26,400.
When will Maxwell Engineering Solutions Limited shares list?
Maxwell Engineering Solutions Limited shares are expected to list on NSE SME around Fri, Nov 6, 2026T.
Who is the registrar for Maxwell Engineering Solutions Limited 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 Limited IPO?
The Maxwell Engineering Solutions Limited IPO is an issue of ₹58 Cr (Fresh capital only).
Is Maxwell Engineering Solutions Limited IPO a mainboard or SME issue?
The Maxwell Engineering Solutions Limited IPO is a SME issue, listing on NSE SME. SME IPOs usually have larger lot sizes and are traded in a separate segment, so check the lot value before you apply.
How do I apply for Maxwell Engineering Solutions Limited 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
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