Maxwell Engineering IPO Allotment Status

Bidding open RegistrarKfin Technologies Ltd. Allotment04 Nov 2026

Maxwell Engineering allotment expected in 5 days Wed, 04 Nov 2026

Kfin Technologies Ltd. publishes the result once the basis of allotment is final. The PAN check opens on this page as soon as it's out — come back then.

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Maxwell Engineering IPO — Allotment & Listing Timeline

  1. IPO Open 30 Oct 2026 Today
  2. IPO Close 03 Nov 2026 Next
  3. Basis of Allotment 04 Nov 2026
  4. Refund Initiation 05 Nov 2026
  5. Credit to Demat 05 Nov 2026
  6. Listing Date 06 Nov 2026
Issue Price₹150–158
Lot Size800 shares
Issue Size₹57.64 Cr
IPO TypeSME
Listing AtNSE
RegistrarKfin Technologies Ltd.

Maxwell Engineering IPO — Subscription & Allotment Odds

Based on the latest subscription figures for Maxwell Engineering IPO (overall 3.24x subscribed). The more a category is oversubscribed, the lower each applicant's chance of allotment.

Retail 21.3% (5.34x)
Moderate chance
S-HNI 25.1% (3.99x)
Moderate chance
B-HNI 100.0% (1.98x)
High chance

In the Retail category, about 2 in 10 applicants would get an allotment in Maxwell Engineering IPO. Winners are picked by draw of lots and each gets 1,600 shares (2 lots), so applying for more than the minimum does not improve retail odds.

How Many Maxwell Engineering Retail Applicants Get Shares

Retail shares reserved12,00,000
Minimum application1,600 shares · ₹2,52,800
Retail winners (max)750
Retail applications (est.)~3,513

Maxwell Engineering set aside 12,00,000 shares for retail (individual) investors. Each successful applicant receives 1,600 shares (2 lots), so the retail quota can serve at most 750 applicants. With retail subscribed 5.34x, that points to roughly 3,513 retail applications competing for those allotments.

Estimate from the prospectus reservation and the final subscription; the registrar's Basis of Allotment has the exact count.

Maxwell Engineering Retail Odds vs Earlier SME IPOs

At about 21.3%, the estimated retail odds for Maxwell Engineering were lower than 7 of the 10 SME IPOs before it.

Median across those 10 issues: 39.3%. Best odds: Wiscon Industries (100.0%, retail 0.66x); lowest: Acme India Industries (1.3%, retail 85.50x).

Checking Maxwell Engineering Allotment

Enter the PAN you applied with in the box above; the check goes to Kfin Technologies Ltd., the registrar for Maxwell Engineering IPO, which finalised the allotment on 04 Nov 2026.

How the draw of lots works is the same for every issue — see IPO Allotment Process Explained. See all recent IPO allotment results. Last updated: 30 Oct 2026, 02:47 pm IST.

Maxwell Engineering Allotment FAQs

The registrar for Maxwell Engineering IPO is Kfin Technologies Ltd., which finalised the allotment on 04 Nov 2026.

The Maxwell Engineering IPO allotment date was 04 Nov 2026; the issue closed on 03 Nov 2026.

The amount blocked through your ASBA / UPI mandate is released within 1-2 working days of the 04 Nov 2026 allotment; the refund date for Maxwell Engineering was 05 Nov 2026. With retail subscribed 5.34x, roughly 79% of retail applicants were expected to miss out.

Allotted Maxwell Engineering shares are credited on 05 Nov 2026, ahead of listing on 06 Nov 2026.

Maxwell Engineering was subscribed 3.24x overall. Oversubscribed categories are allotted by draw of lots, each winner getting the minimum application, which in retail is 1,600 shares (2 lots). Estimated odds: Retail 5.34x, about 21.3%; S-HNI 3.99x, about 25.1%; B-HNI 1.98x, about 100.0%. QIB is allotted proportionately, not by lottery.
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