Maxwell Engineering Solutions SME IPO: bidding 30 Oct 2026 – 3 Nov 2026, price band ₹150–158, lot size 800 shares, subscribed 536.80× overall, listed at ₹300.2 (+90.0%). Live GMP, subscription by category and allotment status.
Bidding
30 Oct 2026 – 3 Nov 2026
Price band
₹150–158
Lot size
800 shares
Issue size
₹57.64 Cr
Subscribed
536.80× overall
Listing
6 Nov 2026
Listed at
₹300.2 (+90.0%)
Registrar
Kfin Technologies Ltd.
Maxwell Engineering Solutions IPO dates
Bidding opens
30 Oct 2026
Bidding closes
3 Nov 2026
Allotment
4th Nov 2026
Refunds start
5th Nov 2026
Shares credited to demat
5th Nov 2026
Listing
6 Nov 2026 on NSE SME
Maxwell Engineering Solutions IPO subscription status
Times the shares on offer were bid for, by category. Retail is the figure that decides a retail applicant's chance of an allotment.
Overall
536.80×
Retail
556.09×
Non-institutional (HNI/NII)
857.65×
Qualified institutions (QIB)
259.45×
Maxwell Engineering Solutions GMP today and history
Grey market premium, an unofficial indicator: the latest reading first.
15 Nov 2026: ₹105 (+66.5%)
14 Nov 2026: ₹105 (+66.5%)
13 Nov 2026: ₹105 (+66.5%)
12 Nov 2026: ₹105 (+66.5%)
11 Nov 2026: ₹105 (+66.5%)
10 Nov 2026: ₹105 (+66.5%)
9 Nov 2026: ₹105 (+66.5%)
How Maxwell Engineering Solutions listed
Issue price
₹158
Listing price
₹300.2 (+90.0%)
Listing-day close
₹315.2
Issue details
Issue size
₹57.64 Cr
Fresh issue
₹54.12 Cr
Issue type
Book Build Issue
Maximum retail bid
1600 shares (2 lots)
Registrar
Kfin Technologies Ltd.
Company
Market cap
₹216.43 Cr
P/E
13.39
EPS
₹11.80
P/B
6.39
ROCE
38.46%
ROE
62.63%
Promoter holding
97.26% before, 71.36% after
Other IPOs
Vectras Enprocon (SME) — ₹99–105 · listed 6 Nov 2026 · subscribed 4.20× · listing gain +1.0%
HGS (India) (SME) — ₹114–120 · listed 6 Nov 2026 · subscribed 248.58× · listing gain +33.3%
Johnsoncab Electricals (SME) — ₹190–200 · listed 6 Nov 2026 · subscribed 23.82× · listing gain +19.3%
Antala Industries (SME) — ₹63–66 · listed 11 Nov 2026 · subscribed 12.79× · listing gain -20.0%
Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.