The basis of allotment for the Maxwell Engineering Solutions SME IPO is being finalised on 04 Nov 2026. Below is exactly how to check whether you were allotted shares, the final subscription figures, and the rough odds for retail applicants.
How to Check Maxwell Engineering Solutions IPO Allotment Status
- Registrar (Kfin Technologies Ltd.): open the allotment status page, pick Maxwell Engineering Solutions, and enter your PAN, application number, or DP/Client ID.
- BSE: bseindia.com allotment check — choose "Equity", select the issue, enter PAN or application number.
- NSE: nseindia.com IPO bid verification with your PAN.
Maxwell Engineering Solutions IPO Subscription Status (Final)
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 0x | ₹0 cr |
| NII (HNI) | 117.09x | ₹606.98 cr |
| Retail | 6.25x | — |
| Total | 80.34x | ₹1929.50 cr |
Final subscription after the issue closed.
Retail was subscribed 6.25x, so retail allotment is by lottery — roughly 1 in 6 retail applications is likely to get a lot. Applying for more than one lot does not improve the odds for a single PAN.
Maxwell Engineering Solutions IPO — What Happens Next
| Step | Date |
|---|---|
| Basis of allotment finalised | 04 Nov 2026 |
| Refunds / UPI mandate release | 05 Nov 2026 |
| Shares credited to demat | 05 Nov 2026 |
| Listing on NSE SME | 06 Nov 2026 |
GMP watch: Maxwell Engineering Solutions is quoting a grey market premium of ₹80 (~50.6%), implying a listing around ₹238. GMP is unofficial and shifts through the day.
More on Maxwell Engineering Solutions IPO
- Maxwell Engineering Solutions IPO GMP today
- Maxwell Engineering Solutions IPO allotment status
- Maxwell Engineering Solutions IPO listing price
- Maxwell Engineering Solutions IPO listing gain calculator
- All SME IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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