MyIPOStatus
Maxwell Engineering Solutions IPO: GMP, subscription and allotment status
—Subscription opens 30 Oct
- GMP
- —
- No GMP data
- Est. listing
- —
- No estimate
- Price band
- ₹150–158
- Lot
- 800 shares
- Min. ₹1,26,400
Allotment
Expected 4 Nov.
Dates
30 Oct → 3 Nov · allot 4 · list 6Refunds and shares in your demat account on 5 Nov.
Issue details
- Segment
- SME
- Face value
- ₹10
- Issue type
- Book Building Issue
- Fresh issue
- ₹57.64 Crores
- Listing at
- NSE SME
- Registrar
- KFin Technologies
- NSE symbol
- MAXENGS
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 2 lots, 1,600 shares
- 1,600
- ₹2,52,800
- Retail Maximum
- 2 lots, 1,600 shares
- 1,600
- ₹2,52,800
- S-HNI Minimum
- 3 lots, 2,400 shares
- 2,400
- ₹3,79,200
- S-HNI Maximum
- 7 lots, 5,600 shares
- 5,600
- ₹8,84,800
- B-HNI Minimum
- 8 lots, 6,400 shares
- 6,400
- ₹10,11,200
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Financing the capital expenditure requirement towards Purchase of New Machineries, Lab Equipment & Other utilities for Manufacturing Facility
- ₹18.00 Cr
- Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility
- ₹6.50 Cr
- Repayment / prepayment, in full or part, of certain outstanding borrowings availed by Company
- ₹4.30 Cr
- Funding working capital requirements of Company
- ₹14.00 Cr
- General Corporate Purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹12.25 Cr−60.2% on 2026
₹3.05 Cr−74.3% on 2026
₹51.79 Cr+8.9% on 2026
- Jul 2026
- Revenue ₹12.25
- Profit ₹3.05
- Assets ₹51.79
- 2026
- Revenue ₹30.76
- Profit ₹11.86
- Assets ₹47.55
- 2025
- Revenue ₹22.59
- Profit ₹9.18
- Assets ₹25.31
- 2024
- Revenue ₹10.87
- Profit ₹3.16
- Assets ₹8.51
In ₹ crore, for the years the offer document reports.
- ROE
- 62.63%
- ROCE
- 38.46%
- EBITDA Margin
- 51.58%
- PAT Margin
- 40.28%
- Earning Per Share (EPS)
- ₹11.80 (Basic)
- Return on Net Worth (RoNW)
- 47.70%
- Net Asset Value (NAV)
- ₹24.74
Listed peers
- Kabra Extrusion Technik Ltd.
- P/E N.A.
- EPS -0.70
- Return on net worth -0.54%
- Omnitech Engineering Ltd
- P/E 99.00
- EPS 6.42
- Return on net worth 11.28%
- Sunita Tools Ltd.
- P/E 100.65
- EPS 10.53
- Return on net worth 10.80%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Rajkumar Chaudhary, Vinubhai Kanjibhai Chavda and Ria Rajkumar Chaudhary
- Promoter holding
- 97.26% before the IPO, 71.36% after
- Lead managers
- JDA Capital Services Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
More SME IPOs
- Shellz India IPOListed 23 Oct
Frequently asked questions
- When does Maxwell Engineering Solutions IPO open and close?
- Bidding runs from 30 October 2026 to 3 November 2026.
- What is the Maxwell Engineering Solutions IPO allotment date?
- Allotment is expected on 4 November 2026.
- When will Maxwell Engineering Solutions IPO list?
- Listing is expected on 6 November 2026.
- What is the lot size and minimum investment for Maxwell Engineering Solutions IPO?
- One lot is 800 shares, so the minimum investment at the upper price of ₹158 is ₹1,26,400.
- How do I check Maxwell Engineering Solutions IPO allotment status?
- KFin Technologies is the registrar. Once allotment is out, check it by PAN on the KFin Technologies website or right here.