Maxwell Engineering Solutions
- Price per share
- ₹150 – ₹158
- Shares per lot
- 800
- Minimum to apply
- ₹2,52,800
- 2 lots · 1,600 shares
- Issue size
- ₹57.64 Cr
- Listing at
- NSE Emerge
IPO timeline
Bidding opens
Thu, 29 Oct, 2026
Bidding closes
Mon, 2 Nov, 2026
Basis of allotment
Tue, 3 Nov, 2026
Refunds initiated
Wed, 4 Nov, 2026
Shares credited to demat
Wed, 4 Nov, 2026
Listing on exchange
Thu, 5 Nov, 2026
Investment by lots
| Application | Lots | Shares | Amount* |
|---|---|---|---|
| Minimum | 2 | 1,600 | ₹2,52,800 |
| 2× minimum | 4 | 3,200 | ₹5,05,600 |
| 5× minimum | 10 | 8,000 | ₹12,64,000 |
*At the upper end of the price band.
Subscription status
- Overall≈ 80x
- QIB—
- NII (HNI)≈ 117x
- Retail≈ 110x
As reported on 1 Nov. Reported at the end of day 2; the issue closed on 3 Nov.
The issue
Structure: Entirely fresh issue
Intermediaries
- Book-running lead manager
- To be confirmed
- Registrar (check allotment here)
- To be confirmed
- Market maker
- To be confirmed
How to apply
- 1Log in to your bank’s net-banking (ASBA) or your broker’s app with UPI.
- 2Choose the IPO, enter the lots and bid at the cut-off price.
- 3Approve the UPI mandate — the amount is blocked, not debited.
- 4After allotment, check your status on the registrar's website using your PAN.
Not sure if this IPO fits your plan?
Talk to Sudhir before you bid — we’ll look at it in the context of your goals and risk profile.
or call +91 91525 90155Sources (verified across at least two where stated)
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Last updated 2 November 2026. Details are compiled from public exchange, registrar and broker sources and may change — confirm in the RHP on NSE/BSE before investing. This is information, not a recommendation. The information on this website is for general educational purposes only and does not constitute investment, tax or legal advice. Please consult a qualified professional before making financial decisions.