Maxwell Engineering Solutions IPO GMP Today
Last updated: 28 Oct 2026, 10:00 pm IST
GMP trend
GMP moved from ₹25 on 27 Oct 2026 to ₹27 on 28 Oct 2026.
Day-wise GMP history
| Date | GMP | Expected Return | Subject to Sauda | Est. Listing |
|---|---|---|---|---|
| 28 Oct 2026 | ₹27 | +17.1% | ₹16,400 | ₹185 |
| 27 Oct 2026 | ₹25 | +15.8% | ₹16,400 | ₹183 |
GMP is an unofficial figure sourced from grey market dealers and is not a guarantee of the listing price. Provided for information only, not investment advice. How we source GMP · Disclaimer
Reading this GMP history
How the GMP moved
The first grey market reading in our record for the Maxwell Engineering Solutions IPO came in at ₹25 on 27 Oct 2026. The latest reading is ₹27, dated 28 Oct 2026 — the highest point of the series, roughly +17.1% on the issue price. Start to finish, over 2 days, that is a net rise of ₹2 per share. Day-end readings ranged between ₹25 and ₹27 across 2 days of data — a band of ₹2 that shows how much dealer sentiment shifted while the quote was live.
Kostak and subject-to-sauda
The grey market in this issue went beyond the share premium to application-level deals. The subject-to-sauda rate — what a buyer pays for an application that is honoured only if it wins allotment — stands at ₹16,400 per application as of 28 Oct 2026. Unlike a kostak deal, where an application changes hands at a fixed price regardless of the outcome, a sauda payout depends entirely on the allotment draw. At the prevailing premium, the dealer-estimated profit per lot stands at ₹21,600 on a lot of 800 shares. Both metrics come from the same dealer network as the GMP itself and move with it. Every grey market figure on this page is an unofficial number collected from grey-market dealers; it is not published by the company or the exchanges and is not a guarantee of the actual listing price.
Frequently asked questions
- What is the Maxwell Engineering Solutions IPO price band?
- The Maxwell Engineering Solutions IPO price band is ₹150 to ₹158 per share, with a lot size of 800 shares.
- What is the Maxwell Engineering Solutions IPO GMP today?
- The latest grey market premium for the Maxwell Engineering Solutions IPO is ₹27, implying an expected listing near ₹185. GMP is an unofficial figure and not a guarantee of the listing price.
- When is the Maxwell Engineering Solutions IPO allotment and listing date?
- Allotment is expected on 4 Nov 2026. The shares are scheduled to list on 6 Nov 2026 on NSE.