Maxwell Engineering Solutions Ltd IPO Day 1 Subscriptions details: check bidding details

Maxwell Engineering Solutions Ltd IPO day 1 subscription details:

The initial public offering of Maxwell Engineering Solutions Ltd ended the first day with investors bidding 1.29 the available shares on offer worth 57.64. The retail investor portion of the IPO was subscribed 2.35 times the available shares on offer. Retail investors have 45.73% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 0.00% got bids for 0.0 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 0.76 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Maxwell Engineering Solutions Ltd IPO details :

Maxwell Engineering Solutions Ltd's IPO consists of a fresh issue of ₹57.64. The IPO’s price band is ₹150 – ₹158 per share. The company’s shares will be listed on NSE - SME on 06 Nov 26.

Here are the key details of Maxwell Engineering Solutions Ltd IPO

Offer for sale: 0.00 shares

Fresh issue: 57.64

Price Band: ₹150 – ₹158 per share

Bid open dates: 30 Oct 26

Allotment date: 04 Nov 26

Listing date: 06 Nov 26

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