Maxwell Engineering SME IPO GMP Today

GMP for Maxwell Engineering SME started at Rs 27 on 27 October 2026 and stood at Rs 52 on 29 October 2026. That is roughly a 1.9x move over 3 days of tracked data. The sharpest single-day jump was from Rs 27 on 27 Oct 2026 to Rs 43 on 28 Oct 2026. The upward move through the subscription window usually reflects building demand across investor categories rather than a one-day spike. GMP typically moves more in the final two to three days before the close date, especially after QIB and HNI bids come in.

Based on today's GMP, Maxwell Engineering SME IPO listing price estimate is Rs 210.00 per share (issue price Rs 158.00 + GMP Rs 52.00).

Actual listing price will be known on 6 November 2026 when the stock lists on NSE/BSE.

A GMP of around 32.9% is a strong positive signal from the grey market. Investors are pricing in a meaningful listing premium over the issue price.

GMP has moved up over the tracked period. Steady increases through the subscription window are usually a stronger signal than a single-day spike.

GMP is unofficial. Listing gain can differ on listing day.

GMP and subscription numbers often move together. When institutional and HNI demand is strong, grey market participants usually price in a higher premium. Current overall subscription for Maxwell Engineering SME is -. Compare this with the GMP trend to see if demand aligns. The GMP move around 28 Oct 2026 may reflect how the market reacted once the subscription window activity picked up after 30 Oct 2026.

See live figures on the Maxwell Engineering SME IPO Subscription Status page.

Maxwell Engineering SME IPO full details (financials, peers, review).

Maxwell Engineering Solutions Limited is a precision engineering company that manufactures, trades and services critical components used in underwater pelletizing systems. Its product range includes pelletizing die plates, pelletizing blades/knives, blade holders/cutter hubs, tapped driving bushes and other spare parts for pelletizing systems. Its die plates are used in applications such as white, black and colour masterbatches, cable compounds (HFFR, XLPE, PVC), engineering plastics (PA, PBT, PC) and recycled resins (PET, PP, PE), serving the compounding, masterbatches, recycling, petrochemicals and bioplastics industries. The Company also offers refurbishment and repair services, custom and white-label manufacturing, trading of select pelletizing components, marketing and intermediary services for CJTEK components, and management consulting. Its manufacturing facility is at Waghodia GIDC, Vadodara, Gujarat, equipped with VMC, CNC, EDM, wire-cut, milling and lathe machines. The Company is export-oriented, serving customers in the USA, Germany, Japan, Australia, Saudi Arabia and over 25 countries.