Maxwell Engineering IPO — GMP Today, Price Band, Dates & Listing
Maxwell Engineering SME IPO (NSE: MAXENGS) opened on 30 Oct 2026 and closes on 3 Nov 2026 on NSE SME (Emerge). Price band Rs 150–158, lot size 800 shares (minimum application Rs 252,800, two lots, the SME minimum application, at the upper band). Latest tracked GMP: Rs 70 (44.30% of the upper band), as of 31 Oct 2026.
Maxwell Engineering IPO details
| Status | Open |
| Open date | 30 Oct 2026 |
| Close date | 3 Nov 2026 |
| Price band | Rs 150–158 |
| Lot size | 800 shares |
| Minimum investment | Rs 252,800 (two lots, the SME minimum application, at the upper band) |
| Face value | Rs.10 per Equity Share |
| Issue type | Book Building |
| Issue size (NSE summary) | Initial Public Offer comprising of Fresh issue of up to 36,48,000 equity shares (including Market Maker portion of 2,22,400 Equity Shares) |
| GMP (Rs) | Rs 70 (as of 31 Oct 2026) |
| GMP as % of upper band | 44.30% |
| Exchange | NSE SME (Emerge) |
| Lead managers | JDA CAPITAL SERVICES LIMITED (Formerly Known as Beeline Broking Limited) |
| Registrar | KFin Technologies Limited |
| NSE symbol | MAXENGS |
| Prospectus | Red herring prospectus (NSE archive, zip) |
GMP is an unofficial grey-market quote as tracked by WorldBest IPO on 31 Oct 2026; it is not a price prediction. Face value, lot, issue type, issue size, lead managers and registrar are as filed on NSE's IPO detail page (MAXENGS). Page data as of 31 Oct 2026.
Key dates
| Issue opens | 30 Oct 2026 |
| Issue closes | 3 Nov 2026 |
| Basis of allotment | 4 Nov 2026 (expected, T+1) |
| Refunds / demat credit | 5 Nov 2026 (expected, T+2) |
| Listing | 6 Nov 2026 (expected, T+3) on NSE SME (Emerge) |
Post-close dates follow SEBI's T+3 listing timeline counted in working days from the close; registrar and exchange notices are final.
Maxwell Engineering GMP history
| Date | GMP | Trend | Est. gain |
|---|---|---|---|
| 31 Oct | Rs 70.00 | — | 44.30% |
| 30 Oct | Rs 70.00 | ▲ | 44.30% |
| 29 Oct | Rs 40.00 | ▲ | 25.32% |
| 28 Oct | Rs 27.00 | — | 17.09% |
Grey-market quotes as tracked daily from 28 Oct – 31 Oct 2026 (4 snapshots). Est. gain is GMP as a share of the upper price band. GMP is unofficial and unregulated; a rising trend is not a forecast.
What the GMP means for Maxwell Engineering
Grey Market Premium (GMP) is the unofficial premium at which an IPO's shares change hands before listing. A positive GMP signals bullish pre-listing sentiment, but it is unregulated, volatile and routinely diverges from the actual listing price in both directions — treat it as a thermometer, never a forecast. Read our full What is GMP? guide for how the grey market works.
Apply, allotment and listing
- How to apply: step-by-step UPI/ASBA instructions in our IPO application guide.
- Allotment status: registrar link and the T+3 timeline on the Maxwell Engineering allotment page.
- Compare with other issues: the full live board is on IPO GMP Today and the IPO Calendar.
- Need a demat account? see best brokers for IPO applications.
FAQs on Maxwell Engineering IPO
What is Maxwell Engineering IPO GMP today?
The latest tracked grey market premium for Maxwell Engineering is Rs 70 (44.30% of the upper price band), as of 31 Oct 2026. GMP is unofficial grey-market data, changes frequently, and is not a prediction of the listing price.
When does the Maxwell Engineering IPO open and close?
Maxwell Engineering's subscription window opened on 30 Oct 2026 and closes on 3 Nov 2026. Dates can change until the red herring prospectus is final — verify before applying.
What is the Maxwell Engineering IPO price band and lot size?
For Maxwell Engineering, the price band is Rs 150–158 and one lot is 800 shares (minimum application Rs 252,800, two lots, the SME minimum application, at the upper band).
Who is the registrar for the Maxwell Engineering IPO?
The registrar to the Maxwell Engineering IPO is KFin Technologies Limited (as filed on NSE). Allotment status is checked on the registrar's website once the basis of allotment is finalised — the link is on our Maxwell Engineering allotment status page.