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Maxwell Engineering Solutions SME IPO Subscribed Over 490 Times Ahead of NSE Listing

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Maxwell Engineering Solutions SME IPO Subscribed Over 490 Times Ahead of NSE Listing

Analysed 5 Nov 2026·4 sources analysed·Vadodara, India·Business
Maxwell Engineering Solutions SME IPO Subscribed Over 490 Times Ahead of NSE ListingPreviousNext

Maxwell Engineering Solutions' Rs 57.64-crore SME IPO received overwhelming investor interest, with subscription rates ranging from 491 to 537 times across sources. The IPO attracted bids worth over Rs 20,368 crore, led by strong demand from non-institutional investors. Shares are set to list on the NSE Emerge platform on November 6. Grey market premiums indicated potential listing gains, reaching up to 72 percent, though these unofficial figures do not guarantee actual market performance.

Sentiment
57%
TBN's observations

First-hand measurement across 4 sources

We measured how 4 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (57/100). Lens Score 43/100.

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

AI analysis of 4 sources · Published under editorial oversight by The Balanced News
Analysed 5 Nov 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (57/100)

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 pm4 sources · 43 h5 Nov, 07:43 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
Rajesh Power Secures Rs 1,628 Crore Gujarat Order, Order Book Rises 35 Percent
Next →
TREX Energy Opens Lithium Battery Manufacturing Facility in Hyderabad
  1. 1
    moneycontrol3 Nov, 01:11 pm
    Maxwell Engineering Solutions IPO attracts 491x subscription; GMP jumps to 50 - Moneycontrol.com
  2. 2
    moneycontrol4 Nov, 10:52 am
    Maxwell Engineering Solutions SME IPO allotment today; GMP nears 50 , check status on NSE registrar- Moneycontrol.com
  3. 3
    moneycontrol5 Nov, 05:00 am
    Maxwell Engineering Solutions IPO GMP rises to 72 ahead of listing tomorrow- Moneycontrol.com
  4. 4
    indiatoday5 Nov, 07:43 am
    Vadodara firm's SME IPO subscribed 536 times, attracts Rs 20,369 crore in bids

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
Vadodara, India
Sources analysed
4
Last analysed
5 Nov 2026
Key entities
National Stock Exchange of IndiaInitial public offeringIndian rupeeLakhCroreGross metropolitan productSmall and medium-sized enterprisesGrey marketCommon stockWorking capitalEngineeringSamosa