IPO Buzz

Maxwell Engineering Solutions IPO Subscription Status

Updated 03 Nov, 06:49 pm

Subscribed

536.90x

Subscription

Total applications

5,06,587

Total bid amount

₹20,373 Cr

Category breakdown

5 categories

QIB

Qualified Institutional Buyers

259.45x

Offered
6.83 L
Applied
17.73 Cr
Bid amount
₹2,801 Cr

NII (HNI)

Non-Institutional Investors

858.08x

Offered
5.18 L
Applied
44.48 Cr
Bid amount
₹7,028 Cr

S-HNI

Small HNI · ₹2L – ₹10L

524.49x

Offered
1.73 L
Applied
9.06 Cr
Bid amount
₹1,432 Cr

B-HNI

Big HNI · above ₹10L

1024.87x

Offered
3.46 L
Applied
35.42 Cr
Bid amount
₹5,596 Cr

Retail

Retail Individual Investors

556.10x

Offered
12.00 L
Applied
66.73 Cr
Bid amount
₹10,544 Cr

Total

All categories combined

536.90x

Offered
24.02 L
Applied
128.94 Cr
Bid amount
₹20,373 Cr

Application wise breakup

Approx.
CategoryReserveAppliedTimes
S-HNI7235,825497.57x
B-HNI14453,506371.57x
Retail7504,17,078556.10x

Total applications: 5,06,587 approx.

Counts applications, not shares, so these times differ from the category breakdown above.

Anticipated allotment chances
  • S-HNI₹2L – ₹10L1 out of 498 applicants
    0.2%
  • B-HNIabove ₹10L1 out of 372 applicants
    0.3%
  • Retail1 out of 556 applicants
    0.2%

Each winning application gets one minimum lot, drawn by lottery. Based on applications so far; final numbers can change.

Back to Maxwell Engineering Solutions IPO details