Maxwell Engineering IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 1.95 | 0.00 | 0.00 |
| RII | 4.34 | 0.00 | 0.00 |
| Total | 2.59 | 0.00 | 0.00 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Maxwell Engineering IPO minimum market lot is 1600 shares with ₹2,52,800 application amount. The Maxwell Engineering IPO is a SME IPO, and it is to be listed on NSE SME.
Business Overview
Since its establishment in September 2022, Maxwell Engineering Solutions has been a precision engineering firm involved in the manufacturing, trading, and servicing of critical components for underwater pelletizing systems. The company designs a diverse range of underwater pelletizing systems, including pelletizing die plates, pelletizing blades and knives, blade holders, cutter hubs, tapped driving bushes, and other spare parts. Its products are used in polymer compounding, masterbatches, engineering plastics, cable compounds, specialty polymers, and plastics recycling industries.
Maxwell operates its own manufacturing units at Vadodara, Gujarat, equipped with precision machining and testing equipment such as VMC, CNC, milling, EDM, wire-cut, lathe, and surface-grinding machines. Further, the company supplies its products to both domestic and international markets, including the USA, Germany, the Netherlands, Israel, Saudi Arabia, Japan, Australia, Italy, and other countries.
Maxwell Engineering IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Maxwell Engineering IPO Review and Rating
- May Apply For Long-term View
Maxwell Engineering IPO Form
How to apply for the Maxwell Engineering IPO? You can apply for Maxwell Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Maxwell Engineering IPO in the Invest section. The other option is you can apply for Maxwell Engineering IPO via IPO forms downloaded online. Check out the Maxwell Engineering forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
