{"id":21957,"date":"2026-10-29T17:07:16","date_gmt":"2026-10-29T11:37:16","guid":{"rendered":"https:\/\/thankyoubharat.com\/index.php\/2026\/10\/29\/maxwell-engineering-solutions-limited-announces-ipo-opening-on-october-30-2026\/"},"modified":"2026-10-29T17:07:16","modified_gmt":"2026-10-29T11:37:16","slug":"maxwell-engineering-solutions-limited-announces-ipo-opening-on-october-30-2026","status":"publish","type":"post","link":"https:\/\/thankyoubharat.com\/index.php\/2026\/10\/29\/maxwell-engineering-solutions-limited-announces-ipo-opening-on-october-30-2026\/","title":{"rendered":"Maxwell Engineering Solutions Limited Announces IPO Opening on October 30, 2026"},"content":{"rendered":"
\n

New Delhi [India], October 29:<\/strong> Maxwell Engineering Solutions Limited (\u201cMaxwell\u201d or \u201cthe Company\u201d), a precision engineering company engaged in the manufacturing, trading and servicing of critical components for underwater pelletizing systems, announces the opening of its Initial Public Offering (IPO) on Friday, October 30, 2026. The issue is scheduled to close on Tuesday, November 3, 2026, with the Company\u2019s equity shares proposed to be listed on NSE Emerge.\u00a0\u00a0Anchor Investor bidding was completed on Thursday, October 29, 2026.<\/p>\n

The IPO comprises a fresh issue of up to 36,48,000 equity shares with a face value of \u20b910 each. The price band is fixed at \u20b9150 to \u20b9158 per equity share\u00a0with a lot size of 800 equity shares and multiples thereof.<\/p>\n

JDA Capital Services Limited (formerly known as Beeline Broking Limited) is the Book Running Lead Manager to the issue, while KFin Technologies Limited is the Registrar to the Issue.<\/p>\n

Maxwell Engineering Solutions Limited operates across three business segments\u2014manufacturing, services and trading\u2014specialising in precision-engineered components for underwater pelletizing systems. Its product portfolio includes pelletizing die plates, pelletizing blades\/ knives, blade holders, tapped driving bushes and other spare components. The Company also provides refurbishment, repair and customised white-label manufacturing solutions.<\/p>\n

Operating from its manufacturing facility at Waghodia GIDC, Vadodara, Gujarat, Maxwell serves domestic and international markets, with exports contributing 84.34% of revenue from operations for the period ended July 31, 2026.<\/strong><\/p>\n

Maxwell has developed specialised manufacturing capabilities to address the requirements of customers operating in the underwater pelletizing industry. The Company\u2019s operations are supported by precision engineering equipment, including VMC, CNC, milling, EDM, wire-cutting, lathe and surface-grinding machinery.<\/p>\n

For the period ended July 31, 2026, the Company reported revenue from operations of \u20b91,187.51lakh, EBITDA of \u20b9428.75 lakh and profit after tax of \u20b9305.21 lakh.<\/p>\n

Management Commentary<\/strong><\/p>\n

\u201cThe launch of our IPO represents an important milestone in Maxwell Engineering Solutions Limited\u2019s journey. Since our inception, we have focused on building specialised engineering capabilities, delivering customised solutions and establishing relationships with customers across domestic and international markets.<\/p>\n

Our proposed investment in advanced machinery, manufacturing infrastructure and working capital is intended to strengthen our operational capabilities and support the next phase of our development. As we move forward, our focus will remain on engineering precision, product quality, customer relationships and sustainable business growth.\u201d<\/p>\n

Object Of the Issue:<\/strong><\/p>\n

    \n
  1. Financing the capital expenditure requirement towards Purchase of New Machineries, Lab Equipment & Other utilities for our Manufacturing Facility<\/li>\n
  2. Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility<\/li>\n
  3. Repayment \/ prepayment, in full or part, of certain outstanding borrowings availed by our Company<\/li>\n
  4. Funding working capital requirements of our Company<\/li>\n
  5. General Corporate Purposes<\/li>\n<\/ol>\n

    IPO Highlights<\/strong><\/h3>\n
      \n
    • Issue Size: Up to 36,48,000 Equity Shares<\/li>\n
    • Fresh Issue Size: Up to 36,48,000 Equity Shares<\/li>\n
    • Price Band: \u20b9150-158 per Equity Share<\/li>\n
    • Face Value \u2013 \u20b9 10<\/li>\n
    • Issue Type: Book Building Issue<\/li>\n
    • Lot Size: 800 Shares<\/li>\n
    • Listing: NSE Emerge<\/li>\n
    • Issue Opens: October 30, 2026<\/li>\n
    • Issue Closes: November 3, 2026<\/li>\n<\/ul>\n

      About Maxwell Engineering Solutions Limited<\/strong><\/p>\n

      Maxwell Engineering Solutions Limited is a precision engineering company engaged in manufacturing, trading and servicing critical components for underwater pelletizing systems. Established in 2022 under the Maxwell brand, the Company offers a specialised portfolio of pelletizing die plates, blades and knives, blade holders, tapped driving bushes and associated spare components.<\/p>\n

      \u201cThe Company provides customized and white-label manufacturing solutions, enabling institutional customers to market precision components under their own brand names. Additionally, under its services segment, the Company offers refurbishment of used die plates and acts as an intermediary for the marketing and supply of CJTEK components<\/em><\/p>\n

      The Company is ISO 9001:2015 certified for the manufacturing and supply of die plates\/heads, pelletizing blades\/knives, blade holders and tapped driving bushes.<\/p>\n

      If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n

      \n<\/div>\n","protected":false},"excerpt":{"rendered":"

      New Delhi [India], October 29: Maxwell Engineering Solutions Limited (\u201cMaxwell\u201d or \u201cthe Company\u201d), a precision engineering company engaged in the manufacturing, trading and servicing of critical components for underwater pelletizing systems, announces the opening of its Initial Public Offering (IPO) on Friday, October 30, 2026. The issue is scheduled to close on Tuesday, November 3,<\/p>\n","protected":false},"author":1,"featured_media":21958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[13],"class_list":["post-21957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts\/21957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/comments?post=21957"}],"version-history":[{"count":0,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/posts\/21957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/media\/21958"}],"wp:attachment":[{"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/media?parent=21957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/categories?post=21957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thankyoubharat.com\/index.php\/wp-json\/wp\/v2\/tags?post=21957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}