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Maxwell Engineering Solutions IPO Subscribes 491 Times, Listing Scheduled November 6

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Maxwell Engineering Solutions IPO Subscribes 491 Times, Listing Scheduled November 6

Analysed 4 Nov 2026·2 sources analysed·Bangalore, India·Business
Maxwell Engineering Solutions IPO Subscribes 491 Times, Listing Scheduled November 6PreviousNext

Maxwell Engineering Solutions' IPO received an overwhelming response, subscribing 491 times its issue size during the three-day bidding period ending November 3. The Rs 57.64-crore IPO attracted bids worth over Rs 20,000 crore, with strong participation from non-institutional, retail, and institutional investors. Shares are expected to list on the NSE Emerge platform on November 6, trading at a grey market premium of around 50 percent. The basis of allotment was finalized on November 4, with investors able to check their status online.

Sentiment
62%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (62/100). Lens Score 43/100.

Outlets measured: moneycontrol, moneycontrol. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 4 Nov 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (62/100)

Sentiment was consistent across outlets (50–75/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

moneycontrol broke this story on 3 Nov, 01:11 pm. Other outlets followed.

3 Nov, 01:11 pm2 sources · 22 h4 Nov, 10:52 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
European Shares Fluctuate Amid US-Iran Tensions and US Election Outcomes
Next →
NLC India Reports Over Twofold Rise in Q2 Profit and Approves Expansion Plans
1
moneycontrol3 Nov, 01:11 pm
Maxwell Engineering Solutions IPO attracts 491x subscription; GMP jumps to 50 - Moneycontrol.com
  • 2
    moneycontrol4 Nov, 10:52 am
    Maxwell Engineering Solutions SME IPO allotment today; GMP nears 50 , check status on NSE registrar- Moneycontrol.com
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    JDA Capital ServicesFinwave Global Opportunities FundSanshi FundKFin TechnologiesSunrise India Growth TrustFortune Hands Growth FundMaxwell Engineering SolutionsNova Global Opportunities Fund

    Story context

    Category
    Business
    Location
    Bangalore, India
    Sources analysed
    2
    Last analysed
    4 Nov 2026
    Key entities
    Initial public offeringCroreIndian rupeeLakhGrey marketCommon stockNational Stock Exchange of IndiaWorking capitalEngineeringExchange (organized market)InvestorMerchant bank