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ClearIPO

Maxwell Engineering Solutions Limited

SME IPO

Open nowSMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 30 Oct 2026

Key details

Price band
₹150
Face value
Rs 10
Lot size
800 shares
Minimum investment
Rs 1,20,000
Issue size
Rs 58 Cr
Fresh issue
Rs 58 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
30 Oct 2026
Closing date
03 Nov 2026
Allotment date
04 Nov 2026
Listing date
06 Nov 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Maxwell Engineering Solutions is a precision engineering company engaged in the business of manufacturing, trading, and servicing critical components for underwater pelletizing systems. The company manufactures pelletizing die plates, pelletizing blades and knives, blade holders or cutter hubs, tapped driving bushes, and related spare items. It generates revenue primarily through the sale of these manufactured precision components, selective trading of complementary spare items, and provision of services including used die plate refurbishment and repair, intermediary marketing support, and management consulting. Serving diverse applications across polymer compounding, masterbatches, engineering plastics, cable compounds, specialty polymers, and plastics recycling industries, the company operates an owned manufacturing facility in Vadodara equipped with modern CNC and VMC machinery and testing systems. Additionally, it undertakes customized manufacturing to customer specifications and supplies products on a white-label basis, serving customers across India and over twenty international markets.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    30 Oct 2026

    First day you can apply.

  2. IPO closes

    03 Nov 2026

    Last day to apply, usually by evening.

  3. Allotment

    04 Nov 2026

    Who gets shares is decided.

  4. Refund / unblock

    05 Nov 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    05 Nov 2026

    Allotted shares reach your demat account.

  6. Listing day

    06 Nov 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-10-30T10:15:06.554Z
Last verified
2026-10-30T10:15:06.554Z
Primary source
nse
Secondary source
Exchange filings
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