Last day to apply today
Expected gain per share (50.6%) · from InvestorGain, 3 Nov, 9:37 AM IST
Maxwell Engineering Solutions IPO opened on Fri, 30 Oct 2026 and closes on Tue, 3 Nov 2026. The price band is ₹150 to ₹158 per share and one lot is 800 shares, so you need ₹2,52,800 to apply for 2 lots at the top price. Results (allotment) are expected on Wed, 4 Nov 2026, and the shares are expected to list on NSE Emerge on Fri, 6 Nov 2026. This is a small-company (SME) IPO: the minimum investment is higher and prices can swing a lot.
Track Maxwell Engineering Solutions in the appThe latest grey market premium (GMP) for Maxwell Engineering Solutions IPO is ₹80 per share, or 50.6% over the top price of ₹158. That points to a listing price of about ₹238. Updated 3 Nov, 9:37 AM IST.
| IPO Watch | ₹80 |
| InvestorGain (latest) | ₹80 |
| Today's range | ₹27 – ₹80 |
The IPO was subscribed 491.09 times overall. Demand is very high.
| Investor type | Times subscribed |
|---|---|
| Total | 491.09× |
| Opens | Fri, 30 Oct 2026 |
| Closes (5 PM IST for UPI) | Tue, 3 Nov 2026 |
| Results (allotment) | Wed, 4 Nov 2026 (expected) |
| Lists on NSE Emerge | Fri, 6 Nov 2026 (expected) |
| Price band | ₹150 – ₹158 |
| Lot size | 800 shares |
| Minimum investment | ₹2,52,800 (2 lot) |
| Type | Small company (SME) |
| Exchange | NSE Emerge |
| NSE symbol | MAXENGS |
| Lead managers | JDA CAPITAL SERVICES LIMITED (Formerly Known as Beeline Broking Limited) |
| Registrar | KFin Technologies |
The latest GMP is ₹80 per share (3 Nov, 9:37 AM IST, from InvestorGain). GMP is unofficial and can change quickly.
The price band is ₹150 to ₹158 per share. One lot is 800 shares.
₹2,52,800 for 2 lot at the top of the price band. The amount is blocked in your bank account and released if you don't get shares.
Allotment results are expected on Wed, 4 Nov 2026. You can check your status on the registrar's website (KFin Technologies) with your PAN.
Listing is expected on Fri, 6 Nov 2026 on NSE Emerge.
Only if the offer document lists NRIs under eligible investors. NRIs apply through net banking (ASBA) from an NRE or NRO account, not UPI.
Information only, not investment advice. Exchange data from NSE; documents from SEBI. Page updated 3 Nov, 4:58 PM IST.