IPO LabelMaxwell Engineering Solutions
SMECloses today15 hours and 6 minutes until bidding closes at 4:00 pm.
Bidding closes today at 4:00 pm.
- Minimum
- ₹2,52,800
- Band
- ₹150–₹158
- Issue size
- ₹57.64 Cr
- GMP
- ₹80 (+50.63%)
- Subscribed
- 110.21×
GMP rumours
₹80(+50.63%)
Ranged ₹14–₹80 since 27 Oct
Unofficial grey-market chatter. Not a price, not a prediction, and not from any exchange.
Subscription by category
| Category | Bid(Cr) | Subscribed(×) | Chance |
|---|---|---|---|
| Retail2 lots | 13.07 | 110.21 | 1 in 110 |
| sHNI3 lots to ₹10 lakh | 1.57 | 91.67 | 1 in 92 |
| bHNI₹10 lakh + | 4.51 | 129.80 | 1 in 130 |
| All categories | 19.15 | 80.34 | — |
Value applied, by category
Where the money is, rather than how contested each line is. The two often disagree — a line can be the most subscribed and still be a small corner of the book.
| Category | Amount(₹ Cr) | Share(%) | Applications |
|---|---|---|---|
| Retail2 lots | 2,064.31 | 68.2 | 81,658 |
| sHNI3 lots to ₹10 lakh | 248.63 | 8.2 | 6,108 |
| bHNI₹10 lakh + | 712.16 | 23.5 | 6,759 |
| All categories | 3,025.11 | — | 94,525 |
Applications is the exchange's own count of how many people applied. NSE publishes it for SME issues only.
Captured — refreshing · shares bid
Reported figures
| ₹ crore | FY 24 | FY 25 | FY 26 |
|---|---|---|---|
| Revenue | 10.54 | 22.10 | 29.45 |
| EBITDA | 4.25 | 11.69 | 15.18 |
| Profit after tax | 3.16 | 9.18 | 11.86 |
| Total assets | 8.51 | 25.31 | 47.55 |
What the money is for
- Capital expenditure33.3%
- New manufacturing facility12.0%
- Repayment of borrowings7.4%
- Working capital23.2%
- General corporate purposes24.7%
Priced against its peers
- This issue, P/E
- 13.39
- Sector P/E
- 31.54
- Engineers India Ltd
- 18.04
- L&T Technology Services Ltd
- 31.40
- Rites Ltd
- 26.73
These P/E figures are worked out by the same data service, at a share price it does not state — the company does not report them. A lower P/E than the sector is not a recommendation: it reflects growth, risk and size as much as price. The comparison is shown so the number has a reference, not to suggest a decision.
Figures from the company’s filings, copied by a third-party data service — we have not read them from the prospectus ourselves. Check them against the prospectus in Documents: that filing is the authority.
What one bid costs
Priced at the top of the band, which is what gets blocked on a cut-off bid.
| Category | Minimum | Maximum |
|---|---|---|
| Retailup to ₹2,52,800 | 2 lots₹2,52,800 | 2 lots₹2,52,800 |
| sHNIup to ₹10,00,000 | 3 lots₹3,79,200 | 7 lots₹8,84,800 |
| bHNIno upper limit | 8 lots₹10,11,200 | — |
Computed from the band by the same calculator that validates a bid before it is sent, so this table and the review sheet cannot disagree. A cut-off bid blocks at the upper band price, never the lower one.
The issue
- Issue type
- Book built
- Issue size
- ₹57.64 Cr
- Face value
- ₹10
- Lot size
- 800 shares
- Listing on
- NSE
- Symbol
- MAXENGS
- ISIN
- INE1W3F01014
- Daily window
- 10:00 – 17:00 IST · last day until 16:00
Timeline
- Opens
- 30 Oct
- Closes
- 3 Nov
- Basis of allotment
- 4 Nov
- Refunds
- 5 Nov
- Listing
- 6 Nov
Documents