Maxwell Engineering IPO Allotment Chances

Bidding is open until 03 Nov 2026. Chances below use the latest subscription figures, recorded 1:37 pm, 30 Oct IST.

Maxwell Engineering IPO

Open SME
Price Band
₹150–158
Minimum application
1,600 shares (2 lots)
Total Subscription
2.50x
Allotment date
04 Nov 2026
Allotment Chances — Maxwell Engineering IPO
Retail 27.1% (4.20x subscribed)
Moderate chance
S-HNI (₹2–10L) 35.8% (2.79x subscribed)
Moderate chance
B-HNI (>₹10L) 100.0% (1.38x subscribed)
High chance
about 3 in 10 retail applicants are likely to get allotment.
Estimated from current subscription data, calibrated against published basis-of-allotment results. Actual allotment depends on the number of applications received and SEBI's allotment rules — draw of lots for Retail, Employee and NII; proportionate for QIB.
Applications vs Allotment Slots — Maxwell Engineering IPO

Maxwell Engineering reserved 12,00,000 shares for retail (individual) investors. Each winner gets 1,600 shares (2 lots), so there are 750 retail slots. Against 3,153 retail applications, that is about 2 in 10 applicants (23.8%).

CategoryApplicationsSubscriptionEst. chanceEst. allottees
Retail 3,153 4.20x 27.1% 856
S-HNI (₹2–10L) 187 2.79x 35.8% 67
B-HNI (>₹10L) 72 1.38x 100.0% 72

Applications as reported at 1:37 pm, 30 Oct 2026 IST. B-HNI odds use a 4.00× correction from this issue's own lot value (₹1,26,400 per lot).

Maxwell Engineering Allotment Chances FAQs

With retail subscribed 4.20x, about 27.1% of retail applicants (about 3 in 10) are likely to be allotted 1,600 shares (2 lots). S-HNI 2.79x, about 35.8%; B-HNI 1.38x, about 100.0%.

Maxwell Engineering reserved 12,00,000 shares for retail investors and each winner gets 1,600 shares (2 lots), so at most 750 retail applicants can be allotted. 3,153 retail applications had been received at the last update.

No. Oversubscribed retail and NII categories are allotted by draw of lots, and each retail winner receives the minimum application of 1,600 shares (2 lots) (₹2,52,800 at the upper price). Separate applications from family members, each with their own PAN, are what add entries to the draw.

The Maxwell Engineering allotment is due on 04 Nov 2026, with listing on 06 Nov 2026. Check the result with your PAN on the Maxwell Engineering allotment status page.

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