Maxwell Engineering Solutions Ltd Back Registered Office: Plot 939 & 940 Waghodia GIDC,Vaghhodia , Vadodara - 391760 , Gujarat , India. Phone : +91 96385 42674   Fax: Email :  cs@maxwells.in   Website :  www.maxwells.in Initial public issue of upto 36,48,000 equity shares of face value of Rs10/- each ("Equity Shares") of Maxwell Engineering Solutions Limited (the "Company" or "MESL" or "Issuer") for cash at a price of Rs158 per equity share including a share premium of Rs148 per equity share for cash, aggregating up to Rs57.64 Crores ("Public Issue"), of which 2,22,400 equity shares of face value of Rs10/- each, at an issue price of Rs158 per equity share for cash, aggregating Rs3.52 Crores will be reserved for subscription by market maker (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Issue of 34,25,600 equity shares of face value of Rs10/- each, at an issue price of Rs158 per equity share for cash, aggregating to Rs54.12 Crores is herein after referred to as the "Net Issue". The public issue and the net issue will constitute 26.63% and up to 25.01% respectively of the post-issue paid up equity share capital of the company. Price Band: Rs158/- per equity share of face value Rs10/- each. The floor price is is 15.80 times of the face value of the equity shares. Bids can made for a minimum of 1,600 equity shares and in multiples of 800 equity shares thereafter. Issue Money Payable On Opens On Closes On Application Allotment 30-Oct-26 03-Nov-26 Rs158.00-0.00 Rs0.00-0.00 Minimum Application for shares in Nos :1600  Further Multiples of :800   Rs Cr Lead Managers to the Issue Project Cost 0.00 JDA Capital Services Limited Project Financed through Current Offer 57.64   Post Issue Equity Share Capital 13.70   Issue Price Rs158.00

Projects

Financing the capital expenditure requirement towards Purchase of New Machineries & Other utilities for the Manufacturing Facility	Funding working capital requirements of the Company
Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility	General corporate purposes
Repayment / prepayment, in full or part, of certain outstanding borrowings availed by the Company

Promoted By Rajkumar Chaudhary Vinubhai Kanjibhai Chavda Ria Rajkumar Chaudhary

Listing At NSE - SME

Registrar to the Issue KFin Technologies Ltd