Basis Of Allotment

Maxwell Engineering Solutions Ltd.
Issue Open Date 30-Oct-26  
Issue Closing Date 03-Nov-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 150 - 158  
Minimum Bid Quantity. 1600  
Issue Size (Shares) 2624000  
Market Lot 1  
Objective :

1. Financing the capital expenditure requirement towards Purchase of New Machineries & Other utilities for our Manufacturing Facility.2. Financing the capital expenditure requirement for Construction of New Office Building and Manufacturing facility.3. Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company;4. Funding working capital requirements of our Company.5. General Corporate Purposes.

Business Description

Our company is a precision engineering company engaged in the business of manufacturing, trading and servicing ofcritical components for underwater pelletizing systems. Our compan...

Promoter's Holding
Total Share Capital   9775075  
Offered to Public   3648000  
Promoter's Holding (Pre-Issue)   97.26  
Promoter's Holding (Post-Issue)   71.36  
Address
Plot 939 & 940
Waghodia Gidc
Vaghodia
Vadodara ,
Gujarat ,
391760
Phone : 02668 299342 / 9638542674
Email : cs@maxwells.in
Website : www.maxwells.in
Registrar
KFIN Technologies Ltd.
301
The Centrium
3rd Floor
57
Lal Bahadur Shastri Road
Nav Pada
Kurla (West)
Mumbai
Listed at
NSE
Lead Manager
JDA Capital Services Ltd.
Promoters
Rajkumar Chaudhary
Ria Rajkumar Chaudhary
Vinubhai Kanjibhai Chavda