Maxwell Engineering Solutions IPO
Listed on Fri, 6 Nov, 2026.
- Price band
- ₹150–158per share
- Lot size
- 800 shares
- Min. investment
- ₹2,52,8002 lots at the upper band (SME minimum)
- Issue size
- ₹57.64 CrFresh ₹57.64 Cr
- Market cap
- ₹216.43 Crat upper band
- Registrar
- KFin Technologies
- Lead managers
- JDA Capital Services
Key dates
- Bidding opensFri, 30 Oct, 2026
- Bidding closesTue, 3 Nov, 2026
- AllotmentWed, 4 Nov, 2026
- ListingFri, 6 Nov, 2026
Listing day
- Listing price
- ₹300.2
- Listing gain
- +90.0%
- Day-1 close
- —
The last GMP before listing implied +66.5%; the stock actually opened at +90.0%.
Grey market premium
- Latest GMP
- +₹105
- Implied listing price
- ₹263
- Implied gain
- +66.5%
GMP is an unofficial premium quoted in the grey market. It moves with sentiment and often misses the actual listing price.
Allotment
Allotment was finalised on Wed, 4 Nov, 2026. Check with your PAN on the registrar's site or an exchange.
Registrar: KFin Technologies
Subscription
QIB
259.45×
NII (HNI)
858.08×
Retail
556.09×
Total
536.89×
As of 3 Nov, 5:57 pm IST. Bars use a square-root scale.
About the company
Vadodara-based precision engineering firm, incorporated in 2022, that makes die plates, cutting blades and other parts for underwater pelletizing systems. The issue is entirely new shares.