Maxwell Engineering Solutions Share Price Listing: Lists at ₹300.2, 90% Above IPO Price
Key Highlights
Maxwell Engineering Solutions SME IPO listed on NSE on Nov 6 at ₹300.2, 90% above the issue price of ₹158. See day range and price band comparison.
Last updated: Fri, Nov 6, 2026, 10:29 AM IST · SME ·
- Maxwell Engineering Solutions shares listed at ₹300.2, 90% above the issue price of ₹158
- Day range so far: ₹286.35 to ₹315.2
- Last traded price: ₹315.2 (+99.49% versus the issue price)
- : 20,04,800 shares
- Price band: ₹150 to ₹158 per share
The Maxwell Engineering Solutions IPO listed on the NSE on November 6, 2026, at ₹300.2, which was 90% above the issue price of ₹158. The stock traded between ₹286.35 and ₹315.2 as of 10:29 AM IST on the same day. The last traded price stood at ₹315.2, representing a change of +99.49% versus the issue price.
Maxwell Engineering Solutions Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹158 |
| Listing price | ₹300.2 |
| Listing gain versus issue price | +90% |
| Day high | ₹315.2 |
| Day low | ₹286.35 |
| Last traded price | ₹315.2 |
| Volume (shares) | 20,04,800 |
| NSE |
Maxwell Engineering Solutions Listing Price versus
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹150 | −5.06% |
| Price band, upper end | ₹158 | +0% |
| Issue price | ₹158 | — |
| Listing price | ₹300.2 | +90% |
| Day high | ₹315.2 | +99.49% |
| Day low | ₹286.35 | +81.23% |
| Last traded price | ₹315.2 | +99.49% |
The listing price of ₹300.2 opened above the price band of ₹150 to ₹158. The day’s range of ₹286.35 to ₹315.2 remained above the issue price of ₹158 throughout the morning session. The stock recorded a volume of 20,04,800 shares by 10:29 AM IST.
About Maxwell Engineering Solutions
Maxwell Engineering Solutions Ltd. manufactures, trades, and services critical components for underwater pelletizing systems. Its product range includes pelletizing die plates, blades, blade holders, and tapped driving bushes. The company operates a manufacturing facility in Waghodia, Vadodara, Gujarat. It serves industries such as compounding, masterbatches, recycling, petrochemicals, and bioplastics. The company provides customized solutions and offers products on a white-label basis, allowing other businesses to market items under their own brands. It also engages job workers for specific manufacturing processes.
| Field | Value |
|---|---|
| IPO date | Fri, Oct 30, 2026 to Tue, Nov 3, 2026 |
| Listing date | Fri, Nov 6, 2026 |
| Face value | ₹10 per share |
| Price band | ₹150 to ₹158 per share |
| Lot size | 1,600 shares |
| Total issue size | 36,48,000 shares (₹41 crore) |
| Listing at | NSE |
| Lead managers | JDA Capital Services Ltd. |
| KFIN Technologies Ltd. |
Maxwell Engineering Solutions Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| from operations (₹ crore) | 294.48 | 221.00 | 105.43 |
| Total income (₹ crore) | 307.57 | 225.91 | 108.66 |
| Profit after tax (₹ crore) | 118.62 | 91.76 | 31.61 |
| Net worth (₹ crore) | 248.69 | 130.07 | 33.31 |
| Total borrowings (₹ crore) | 8.54 | 9.82 | 8.36 |
| (₹) | 11.80 | 9.17 | 3.16 |
Revenue from operations grew from ₹105.43 crore in FY 2023-24 to ₹294.48 crore in FY 2025-26. Profit after tax increased from ₹31.61 crore in FY 2023-24 to ₹118.62 crore in FY 2025-26. The debt-to-equity ratio stood at 0.03x at the end of FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹315.2, +99.49% versus ₹158.
- How much trades: 20,04,800 shares have changed hands so far.
- Company announcements and results are published on NSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Fri, Nov 6, 2026, 10:29 AM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.