Market News
Maxwell Engineering IPO GMP Today: Grey Market Premium & Expected Listing
Maxwell Engineering's unofficial GMP was ₹70, recorded on October 30, 2026 at 9:05 am IST. The quoted estimated listing price was ₹228.
By Pooja Shah
· 3 min read
AI wrote this article from prospectus and exchange data, and software checked its figures against that data before publishing. How our content is made
Latest GMP and when it was recorded
Maxwell Engineering IPO's latest unofficial grey market premium (GMP) was ₹70, recorded on October 30, 2026 at 9:05 am IST. This is a grey market quote, not an exchange figure.
Estimated listing price from the GMP (unofficial, not a forecast)
The GMP source reported an estimated listing price of ₹228 and an estimated listing percentage of 44.3%. This is an unofficial estimate derived from the grey market quote, not a listing forecast. Actual listing prices can differ.
Day-wise GMP table
| Date | Unofficial GMP | Estimated listing percentage |
|---|---|---|
| October 28, 2026 | ₹27 | 17.09% |
| October 29, 2026 | ₹40 | 25.32% |
| October 30, 2026 | ₹70 | 44.3% |
The figures are unofficial grey market quotes and estimates, not exchange data. See Maxwell Engineering IPO details and unofficial GMP for IPO information, and the IPO GMP table for the quoted history.
What GMP is and its limits
GMP is an unofficial quote for an IPO's shares in the grey market, outside the stock exchange. It can change, and it doesn't establish the price at which shares will list or trade.
A grey market quote isn't official market data. Listings can land away from the quote, so treat the estimated listing price as an unofficial calculation rather than a forecast.
Subscription so far
As of October 30, 2026 at 9:05 pm IST, the issue was subscribed 4.65 times overall. The QIB portion was subscribed 0.00 times, NII 4.34 times and RII 7.44 times.
| Investor category | Subscription |
|---|---|
| QIB | 0.00 times |
| NII | 4.34 times |
| RII | 7.44 times |
| Total | 4.65 times |
These are subscription figures, separate from the unofficial GMP. Check the IPO subscription status for the reported subscription data.
Important dates
| IPO event | Date |
|---|---|
| Issue opens | October 30, 2026 |
| Issue closes | November 3, 2026 |
| Allotment | November 4, 2026 |
| Refunds | November 5, 2026 |
| Credit to demat | November 5, 2026 |
| Listing | November 6, 2026 |
For the company's broader IPO details, read our Maxwell Engineering IPO analysis and IPO analysis covering GMP, financials, valuation and risks. Browse all IPOs.
FAQs
What is the latest Maxwell Engineering IPO GMP?
The latest unofficial GMP was ₹70, recorded on October 30, 2026 at 9:05 am IST.
What estimated listing price was reported from the GMP?
The reported unofficial estimated listing price was ₹228, with an estimated listing percentage of 44.3%. It isn't a listing forecast.
Is the GMP an official exchange figure?
No. GMP is an unofficial grey market quote, separate from official exchange data.
When is Maxwell Engineering IPO scheduled to list?
The scheduled listing date is November 6, 2026.