Maxwell Engineering Solutions Limited
The book closed 491.39× covered; the grey market quotes ₹80, up ₹10 on the last reading.
- Price band. The range of prices, per share, within which bids are taken in a book-built IPO. The final issue price is set inside it after bidding closes. Learn more ₹ per share
- ₹150–158
- Lot. The fixed number of shares bids are made in. A bid is for one lot or a whole number of lots. Learn more shares
- 800
- Minimum investment. The smallest bid allowed: the minimum number of lots times the lot size, at the top of the price band. SME IPOs need two lots since July 2025. Learn more ₹
- ₹2,52,800
- 2 lots, 1,600 shares at band top
- GMP. Grey market premium. The premium over the issue price at which unlisted IPO shares change hands in the unofficial grey market. It is unofficial and unregulated. Learn more ₹ per share
- ₹80
- +50.6% of band top, 2 Nov, 17:30 IST
- Subscription. Shares bid for divided by shares on offer, per investor category. 3.00× means bids for three times the shares available. Learn more × overall
- 491.39×
- 3 Nov, 18:15 IST
Timeline
- Thu 29 OctAnchor bidding
- Fri 30 OctBidding opens
- Tue 3 NovBidding closes, 5 PM IST
- Wed 4 NovAllotment Today
- Thu 5 NovRefunds
- Thu 5 NovShares in demat
- Fri 6 NovListing
Grey market premium (GMP)
₹80 per share
+50.6% of the band top
Latest reading 2 Nov, 17:30 IST, source: InvestorGain. Up ₹10 on the reading before. Grey market figures (GMP) are unofficial and unverified.
| Recorded | GMP ₹ |
|---|---|
| 2 Nov, 17:30 IST | ₹80 |
| 29 Oct, 22:00 IST | ₹70 |
| 29 Oct, 08:00 IST | ₹52 |
| 29 Oct, 02:05 IST | ₹43 |
Subscription
| Category | Subscribed × |
|---|---|
| Total | 491.39× |
As of 3 Nov, 18:15 IST, from the exchange.
Anchor book
Anchor allocation is published by the exchange after anchor bidding on Thu 29 Oct.
Issue details
- Lists on
- NSE (SME platform)
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- JDA CAPITAL SERVICES LIMITED (Formerly Known as Beeline Broking Limited)
- Symbol
- MAXENGS
- Promoter holding
- 97.26% before
Grey market figures are unofficial and unverified. Nothing here is investment advice. Verify with official sources. Full disclaimer.