{"id":332909,"date":"2026-10-30T09:31:59","date_gmt":"2026-10-30T04:01:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=332909"},"modified":"2026-10-30T09:31:59","modified_gmt":"2026-10-30T04:01:59","slug":"maxwell-engineering-solutions-initial-public-offering-day-1-subscription-30-october-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/maxwell-engineering-solutions-initial-public-offering-day-1-subscription-30-october-2026\/","title":{"rendered":"Maxwell Engineering Solutions IPO Day 1: Subscription Opens Today, 30 October 2026"},"content":{"rendered":"

Maxwell Engineering Solutions IPO opens today, 30 Oct 2026, closes 3 Nov. Price band Rs 150-158. Lot size 800 shares. Lists on NSE SME on 6 Nov.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The Maxwell Engineering Solutions IPO opens for subscription today, 30 October 2026, and will remain open until 3 November 2026. Maxwell Engineering Solutions Limited is a Vadodara-based maker of precision components for pelletizing systems, and the issue of about Rs 57.64 crore is entirely a fresh issue of 36,48,000 shares. The price band is set at Rs 150 to Rs 158 per share, with a lot size of 800 shares, and the shares are proposed to list on the NSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n

Maxwell Engineering Solutions Limited, a Vadodara-based maker of precision components such as die plates, blades and cutter hubs for underwater pelletizing systems, has opened its IPO for subscription today, 30 October 2026. The Maxwell Engineering Solutions IPO is a book built SME issue of 36,48,000 equity shares worth about Rs 57.64 crore at the upper band of Rs 158, entirely a fresh issue with no offer for sale, and bidding remains open until 3 November 2026. The shares are proposed to list on the NSE SME platform.<\/p>\n

Of the total issue, 2,22,400 shares are set aside for the market maker and up to 10,24,000 shares are reserved for anchor investors, whose round was scheduled for 29 October. Proceeds are meant for plant, machinery and lab equipment of Rs 18 crore, a new office building and manufacturing facility of Rs 6.50 crore, debt repayment of Rs 4.30 crore and working capital of Rs 14 crore, with the balance for general corporate purposes.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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