♥I Love IPO

Maxwell Engineering Solutions IPO Subscription status

Last day to apply today

Subscribed so far · demand very high

Maxwell Engineering Solutions IPO has been subscribed 491.09 times. That means investors bid for 491.09 times the shares on offer. When demand is this high, retail allotment works like a lottery and most applicants get no shares.

Subscription by investor type

Investor type	Times subscribed
Total	491.09×

Day-wise subscription

Day	QIB	NII	Retail	Total
Day 1 · 30 Oct	—×	—×	—×	4.17×
Day 1 · 31 Oct	—×	—×	—×	4.17×
Day 1 · 1 Nov	—×	—×	—×	4.17×
Day 2 · 2 Nov	—×	—×	—×	72.97×
Day 3 · 3 Nov	—×	—×	—×	491.09×

End-of-day figures from NSE bid data. Day numbers count trading days from the opening date.

Frequently asked questions

How many times is Maxwell Engineering Solutions IPO subscribed?

491.09 times overall.

What do QIB, NII and retail mean?

QIBs are big institutions such as mutual funds and foreign funds. NIIs are rich individuals and companies bidding over ₹2 lakh. Retail is individuals bidding up to ₹2 lakh.

Will I get Maxwell Engineering Solutions IPO shares?

If the retail category is subscribed more than about 1 time, retail shares are given out by lottery, one lot per winning applicant. Higher subscription means lower odds.

Track Maxwell Engineering Solutions in the app

Information only, not investment advice. Back to Maxwell Engineering Solutions IPO overview · All IPO GMPs today · Upcoming IPOs