The basis of allotment for the blockbuster SME initial public offering (IPO) of Maxwell Engineering Solutions Limited is officially being finalised today, Wednesday, November 4, 2026.
The ₹57.64 crore mainboard-scale SME issue witnessed phenomenal investor interest across the board, closing with an unprecedented overall subscription of 536.80 times.
Applicants who applied for the issue can now check their allotment status online through the official portal of the registrar or the exchange.
📊 Subscription Overview Snapshot
During the bidding window between October 30, 2026, and November 3, 2026, investors flooded the order books, led heavily by institutional and high-net-worth participation:
- Qualified Institutional Buyers (QIBs): Subscribed 259.45x
- Non-Institutional Investors (NIIs / HNIs): Subscribed 857.65x
- Retail Individual Investors (RIIs): Subscribed 556.09x
- Total Subscription: 536.80x
🔍 How to Check Maxwell Engineering Solutions IPO Allotment Status
Investors can verify their allotment status using either of the two official channels:
1. Through the Registrar Website (KFin Technologies Limited)
- Visit the official KFin Technologies IPO allotment status page.
- Select Maxwell Engineering Solutions Limited from the drop-down list of IPOs.
- Choose your preferred search option: PAN Number, Application Number, or Demat Account / Client ID.
- Enter the matching details and click Submit to view your live allotment status.
2. Through the NSE Official Website
- Go to the NSE SME allotment verification page.
- Select Equity & SME IPO Bid Details.
- Choose MAXENGS from the symbol drop-down menu.
- Provide your PAN Number and Application Number, then hit Submit.
📅 Upcoming Timeline & Listing Details
- Basis of Allotment: November 4, 2026
- Initiation of Refunds / Unblocking of Funds: November 5, 2026
- Credit of Shares to Demat Accounts: November 5, 2026
- Official Stock Exchange Listing (NSE SME): November 6, 2026
⚠️ Disclaimer: This content is for informational purposes only. Please verify your allotment status directly on official registrar portals and consult a certified financial advisor for investment guidance.