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Maxwell Engineering IPO Subscription Status: Day-wise & Final
Maxwell Engineering IPO was subscribed 2.59 times on October 30, 2026, the first day of bidding. The issue closes on November 3, with allotment scheduled for November 4.
By Vraj Shah
· 2 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
Current subscription
Maxwell Engineering IPO was subscribed 2.59 times as of October 30, 2026, at 3:05 pm IST. The issue is open, so these figures are not final.
The SME book-building issue is on NSE SME, with a price band of ₹150 to ₹158 per share and an issue size of approximately ₹57.64 crore. See our Maxwell Engineering IPO analysis for more IPO details.
Category-wise table
| Category | Subscription |
|---|---|
| QIB | 0.00 times |
| NII | 1.95 times |
| RII | 4.34 times |
| Total | 2.59 times |
Day-wise table
| Day | QIB | NII | RII | Total |
|---|---|---|---|---|
| October 30, 2026 | 0 times | 1.95 times | 4.34 times | 2.59 times |
What changed
The available subscription figures cover the first day of bidding, October 30. They show the issue at 2.59 times overall, with RII at 4.34 times, NII at 1.95 times and QIB at 0.00 times. No later-day figures are included here.
GMP
The unofficial grey market quote was ₹70 on October 30, 2026, at 9:05 am IST. GMP is an unofficial market quote, not an exchange figure; listings can differ from it.
Closing date
The IPO closes on November 3, 2026. The issue opened on October 30, 2026.
Allotment date
The allotment is scheduled for November 4, 2026.
What happens next
Refunds and credit of shares to demat accounts are scheduled for November 5, 2026. The listing is scheduled for November 6, 2026.
For official issue information, refer to the NSE public issues page. You can also visit all IPOs.
FAQs
What is the latest Maxwell Engineering IPO subscription status?
The issue was subscribed 2.59 times as of October 30, 2026, at 3:05 pm IST.
Which category had the highest subscription?
RII had the highest reported subscription, at 4.34 times.
When does the Maxwell Engineering IPO close?
The closing date is November 3, 2026.
When is the allotment scheduled?
The allotment date is November 4, 2026.
What was the latest GMP?
The unofficial grey market quote was ₹70 at 9:05 am IST on October 30, 2026. GMP is not an exchange figure and does not determine the listing price.