
Maxwell Engineering Solutions Limited
Key dates
Issue reservation
₹58 CrLot ladder — how much to bid
1 lot = 800 sharesIssue details
Particulars | 31-Jul-26 | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
Total Assets | 51.79 | 47.55 | 25.31 | 8.51 |
Total Income | 12.25 | 30.76 | 22.59 | 10.87 |
PAT | 3.05 | 11.86 | 9.18 | 3.16 |
Net Worth | 27.92 | 24.87 | 13.01 | 3.33 |
Reserves & Surplus | 17.87 | 14.82 | 10.25 | 3.32 |
Total Borrowings | 15.77 | 16.73 | 8.6 | 3.19 |
Capital Expenditure (Machinery & Utilities): Funding the purchase of machinery and utilities for the manufacturing facility.
Capital Expenditure (Building & Facility): Financing the construction of a new office building and manufacturing facility.
Debt Repayment: Repayment or prepayment of existing borrowings.
Working Capital: Meeting the Company’s working capital requirements.
Maxwell Engineering Solutions Limited, incorporated in September 2022, is a precision engineering company engaged in the manufacturing, trading and servicing of critical components for underwater pelletizing systems, including die plates, blades, knives, blade holders and other spare parts. Its products cater to polymer compounding, masterbatches, engineering plastics, cable compounds, specialty polymers and plastics recycling industries. The Company also offers customised and white-label manufacturing, refurbishment, repair and consulting services.
The Company operates through three business segments: manufacturing, services and trading. In July 2025, it commenced operations at its company-owned manufacturing facility in Waghodia GIDC, Vadodara, Gujarat, equipped with precision machining and testing infrastructure. Certain specialised processes are outsourced to third-party job workers.
The Company serves domestic and international customers across markets including the USA, Germany, Japan, Australia and other countries. It holds ISO 9001:2015 certification and received ZED Bronze Certification in November 2025. As of September 30, 2026, it employed 71 full-time employees, excluding Directors, across production, quality, design, sales, finance, administration and other functions.
Company strengths
Diversified Business Operations.
Strong Quality Standards and Certifications.
Established International Market Presence.
Customised and White-Label Manufacturing Capabilities.
In-House Manufacturing and Technical Capabilities.
Specialised Product Portfolio.
Established Customer Relationships.
Promoters
Registered office & contact
Maxwell Engineering Solutions Limited.
Address - Plot 939 & 940
Waghodia GIDC
Vaghodia
Vadodara, Gujarat, 391760
📞 96385 42674
✉️ cs@maxwells.in
What is the minimum investment in the Maxwell Engineering Solutions Limited IPO?
One lot of 800 shares — ₹2,52,800 at the upper price band of ₹158.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2026-11-06 on NSE SME.