Maxwell Engineering Solutions Limited
SME IPO
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
Subscription status
Update pending
The issue is open. Subscription figures have not been published by the source yet.
Important documents
IPO timeline
IPO opens
30 Oct 2026
First day you can apply.
IPO closes
03 Nov 2026
Last day to apply, usually by evening.
Allotment
04 Nov 2026
Who gets shares is decided.
Refund / unblock
05 Nov 2026
Blocked money is released if you did not get shares.
Shares in demat
05 Nov 2026
Allotted shares reach your demat account.
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
