Maxwell Engineering Solutions IPO Share Allotment Today: Check Maxwell Engineering Solutions Allotment Status, Subscription Data and Online Share Allocation

Mumbai, November 4: Following the close of the subscription period, Maxwell Engineering Solutions IPO allotment is expected to be finalised today, November 4 2026. The ₹57.64 crore bookbuilding issue was subscribed 536.80 times by November 3 2026, with the QIB category excluding anchor investors subscribed 259.45 times, NII 857.65 times and individual investors 556.09 times. Investors can check the Maxwell Engineering Solutions IPO allotment status through the KFin Technologies registrar website or the NSE IPO application status page. The company is scheduled to list on the NSE SME platform, with November 6 2026 set as the tentative listing date. The IPO opened for subscription on October 30 2026 and closed on November 3 2026. The price band was fixed at ₹150 to ₹158 per share, with the issue price set at ₹158. The non-institutional investor category recorded the highest subscription, followed by individual investors and qualified institutional buyers.

Steps To Check Maxwell Engineering Solutions IPO Allotment Status On NSEAnd Registrar

Investors who applied for the Maxwell Engineering Solutions IPO can check their share allotment status online once the registrar publishes the final allocation details.

Check Maxwell Engineering Solutions IPO Allotment Status on Registrar Website

1. Visit the KFin Technologies IPO allotment website: https://ipostatus.kfintech.com/ipostatus
2. Select Maxwell Engineering Solutions IPO from the available issue list.
3. Choose the PAN, application number or demat account option.
4. Enter the required details in the relevant fields.
5. Submit the information to view the allotment status once it is available.

Check Maxwell Engineering Solutions IPO Allotment Status on NSE

1. Visit the NSE IPO application status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
2. Select the relevant IPO from the available options.
3. Enter the required application details.
4. Submit the information to verify the available application or bid details.

Maxwell Engineering Solutions IPO Details

Maxwell Engineering Solutions IPO was a ₹57.64 crore bookbuilding issue comprising an entirely fresh issue of 36,48,000 equity shares. There was no offer for sale component. The price band was fixed at ₹150 to ₹158 per share, while the face value of each share was ₹10. The minimum application size for individual investors was 1,600 shares, requiring an investment of ₹2,52,800 at the upper price band. The minimum investment for the small non-institutional investor category was ₹3,79,200.

IPO Detail	Information
IPO Size	₹57.64 crore
Fresh Issue	36,48,000 shares, aggregating to ₹57.64 crore
Offer For Sale	Not applicable
Price Band	₹150 to ₹158
Issue Price	₹158 per share
Face Value	₹10 per share
Lot Size	800 shares
Minimum Individual Investment	₹2,52,800 (1,600 shares)
Maximum Individual Investment	₹2,52,800 (1,600 shares)
sNII Minimum Investment	₹3,79,200
bNII Minimum Investment	₹10,11,200
IPO Opening Date	October 30 2026
IPO Closing Date	November 3 2026
Allotment Date	November 4 2026 (tentative)
Refund/Unblocking Date	November 5 2026 (tentative)
Credit of Shares	November 5 2026 (tentative)
Listing Date	November 6 2026 (tentative)
Listing At	NSE SME
Registrar	KFin Technologies Ltd.
Lead Manager	JDA Capital Services Ltd.
Market Maker	JDA Capital Services Ltd.

The total issue included 2,22,400 shares reserved for the market maker, leaving 34,25,600 shares as the net offer to the public. Of the net offer, 17,07,200 shares were allocated to qualified institutional buyers, including the anchor investor portion, while 5,18,400 shares were reserved for non-institutional investors and 12,00,000 shares for individual investors. Following the allotment process, successful applicants are expected to receive shares in their demat accounts on November 5 2026. Refunds or the unblocking of application funds for unsuccessful applicants are also scheduled for the same date.

Maxwell Engineering Solutions IPO Subscription Status Summary

Maxwell Engineering Solutions IPO received total subscription of 536.80 times by the close of bidding on November 3 2026. The non-institutional investor category recorded the highest subscription at 857.65 times, followed by individual investors at 556.09 times and QIB excluding anchor investors at 259.45 times.

Category	Subscription
QIB Ex-Anchor	259.45x
NII	857.65x
bNII (Above ₹10 Lakh)	1,024.23x
sNII (Below ₹10 Lakh)	524.49x
Individual Investors	556.09x
Total	536.80x

The bNII category, representing applications above ₹10 lakh, recorded subscription of 1,024.23 times, while the sNII category was subscribed 524.49 times. The QIB category excluding anchor investors received bids for 17,72,55,200 shares against 6,83,200 shares offered. Individual investors submitted bids for 66,73,10,400 shares against 12,00,000 shares available in their category. The issue attracted bids for 1,28,91,70,400 shares against 24,01,600 shares offered in the categories included in the subscription calculation. Demand increased substantially during the final bidding day, particularly from non-institutional and individual investors.

Day Wise Subscription Details

Maxwell Engineering Solutions IPO opened for bidding on October 30 2026 and closed on November 3 2026. The issue recorded subscription of more than four times on the opening day before witnessing a substantial increase during the second and final bidding sessions.

Date	QIB Ex-Anchor	NII	bNII	sNII	Individual Investors	Total
October 30 2026	0.00x	4.35x	3.59x	5.87x	7.47x	4.67x
November 2 2026	0.00x	117.09x	129.80x	91.67x	110.21x	80.34x
November 3 2026	259.45x	857.65x	1,024.23x	524.49x	556.09x	536.80x

On the first bidding day, October 30 2026, the IPO received 4.67 times subscription, supported by individual investor demand of 7.47 times and NII subscription of 4.35 times. The QIB category excluding anchor investors recorded no subscription during the opening day. Overall subscription increased to 80.34 times by November 2 2026, with NII demand reaching 117.09 times and individual investor subscription rising to 110.21 times. The QIB category excluding anchor investors continued to record no subscription at that stage. The final bidding day, November 3 2026, recorded the largest increase in demand, taking overall subscription to 536.80 times. NII subscription rose to 857.65 times, while individual investors subscribed 556.09 times and QIB excluding anchor investors reached 259.45 times.

About Maxwell Engineering Solutions

Maxwell Engineering Solutions Limited is a Vadodara, Gujarat-based engineering company engaged in manufacturing precision components for underwater pelletising and extrusion systems. The company’s product portfolio includes pelletising die plates, blades, blade holders, driving bushes and other industrial processing components. It also provides refurbishment and repair services for used die plates, serving industries including recycling, compounding, polymers and wire and cable manufacturing. The company entered the primary market with a ₹57.64 crore fresh issue. The IPO was open for subscription from October 30 2026 to November 3 2026, with the issue price fixed at ₹158 per share. JDA Capital Services Ltd. acted as the book-running lead manager, while KFin Technologies Ltd. was appointed registrar to the issue. The company is scheduled to list its equity shares on the NSE SME platform, with November 6 2026 indicated as the tentative listing date.

Conclusion

Maxwell Engineering Solutions IPO allotment is expected to be finalised today, November 4 2026, after the issue received overall subscription of 536.80 times. The non-institutional investor category recorded the highest demand at 857.65 times, while individual investors and QIB excluding anchor investors subscribed 556.09 times and 259.45 times, respectively. Investors can check their share allocation through KFin Technologies once the allotment details are published. Refunds and share credits are tentatively scheduled for November 5 2026, ahead of the proposed NSE SME listing on November 6 2026.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=MAXENGS&series=SME&type=Past