Maxwell Engineering Solutions IPO subscribed 4.17x
Maxwell Engineering Solutions IPO price band is ₹150 to ₹158 per share with a lot size of 800 shares, so one lot costs ₹1,26,400 at the upper band. Bidding opened on 30 October 2026 and closes on 3 November 2026. The issue was subscribed 4.17 times overall.
IPO data from NSE. Last updated 01:37 IST, 31 Oct 2026. Source and method
Price band
₹150 to ₹158
per share
Lot size
800
shares per lot
1 lot at upper band
₹1,26,400
SME
Subscribed
4.17x
all categories
Maxwell Engineering Solutions IPO GMP today
Grey market premium
₹70 per share
Estimated listing price: ₹228.00 (+44.3% over the upper band of ₹158.00)
Updated 23:00 IST, 30 Oct 2026.
GMP is the premium at which IPO shares are informally traded before listing. It moves quickly and does not predict the actual listing price. Estimated listing price = upper price band + GMP.
| Date | Our editor | InvestorGain | Chittorgarh |
|---|---|---|---|
| Fri, 30 Oct 2026 | n/a | 70.0 | n/a |
| Thu, 29 Oct 2026 | n/a | 70.0 | n/a |
| Wed, 28 Oct 2026 | n/a | 35.0 | n/a |
Full live GMP tables: InvestorGain. All current IPO GMPs.
Maxwell Engineering Solutions IPO dates
- 30 Oct 2026Bidding opens
- 3 Nov 2026Bidding closes
Dates as published by NSE. NSE adds the listing date once it is confirmed; allotment usually follows one working day after bidding closes.
Issue details
- Company
- Maxwell Engineering Solutions
- NSE symbol
- MAXENGS
- Board
- SME
- Issue type
- Book Building
- Price band
- ₹150 to ₹158
- Face value
- Rs.10
- Shares offered for bidding (NSE)
- 26,24,000
- Registrar
- KFin Technologies Limited
- Lead manager
- JDA CAPITAL SERVICES LIMITED (Formerly Known as Beeline Broking Limited)
Offer structure as filed: Initial Public Offer comprising of Fresh issue of up to 36,48,000 equity shares (including Market Maker portion of 2,22,400 Equity Shares and Anchor Allocation 10,24,000 Equity Shares)
Lot size and minimum investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investor (2 lots) | 2 | 1,600 | ₹2,52,800 |
| Individual above 2 lots / HNI, minimum | 3 | 2,400 | ₹3,79,200 |
Maxwell Engineering Solutions IPO subscription status
Category-wise bids on NSE, as of 30-Oct-2026 17:00:12 IST. Fetched 17:15 IST, 30 Oct 2026.
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIBQualified Institutional Buyers(QIBs) | n/a | 0 | n/a | |
| NIINon Institutional Investors | n/a | 22,22,400 | n/a | |
| bNIINon Institutional Investors(Bid amount of more than Ten Lakh Rupees) | n/a | 12,42,400 | n/a | |
| sNIINon Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | n/a | 9,80,000 | n/a | |
| IndividualIndividual Investors (IND category bidding for 2 Lots) | n/a | 87,28,000 | n/a | |
| Total | n/a | 1,09,50,400 | n/a |
For SME issues NSE publishes the number of shares bid for and applications by category; the subscription multiple is published for the issue as a whole while bidding is open.
Maxwell Engineering Solutions IPO allotment status
The registrar for this issue is KFin Technologies. Check allotment on its official page by choosing "Maxwell Engineering Solutions" and entering your PAN, application number or DP/client ID. Allotment is finalised after bidding closes on 3 November 2026.
Official pages ask for a captcha; we only link to them. Shares are credited to your demat account and blocked money is released for unallotted bids as per the schedule in the prospectus.
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Frequently asked questions
What is the price band of Maxwell Engineering Solutions IPO?
Maxwell Engineering Solutions IPO price band is ₹150 to ₹158 per share, as published by NSE.
What is the lot size and minimum investment?
One lot is 800 shares, which costs ₹1,26,400 at the upper price band of ₹158.00. Individual investors in this SME issue bid for 2 lots (₹2,52,800).
When does Maxwell Engineering Solutions IPO open and close?
Bidding opened on 30 October 2026 and closes on 3 November 2026.
What is Maxwell Engineering Solutions IPO GMP today?
The grey market premium is ₹70 per share (updated 23:00 IST, 30 Oct 2026), which points to an estimated listing price of ₹228.00. GMP is informal and can change quickly.
How do I check Maxwell Engineering Solutions IPO allotment status?
Use the KFin Technologies allotment page or the NSE and BSE application status pages, linked above.
Information only, not investment advice. IPO dates, price band, lot size and subscription are taken from NSE's public IPO pages; listing prices from NSE's end of day bhavcopy. GMP (grey market premium) is an unregulated, informal indicator that can change quickly and is no guide to the actual listing price. Read the red herring prospectus and consult a SEBI registered adviser before investing.