IPO Synopsis

Maxwell Engineering Solutions Ltd

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 Rs. 10/- each ("Equity Shares") of Maxwell Engineering Solutions Limited (the "Company" or "MESL" or "Issuer") for cash at a price of Rs. 158 per equity share including a share premium of Rs. 148 per equity share for cash, aggregating up to Rs. 57.64 Crores ("Public Issue"), of which 2,22,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 158 per equity share for cash, aggregating Rs. 3.52 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 Rs. 10/- each, at an issue price of Rs. 158 per equity share for cash, aggregating to Rs. 54.12 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: Rs. 158/- per equity share of face value Rs. 10/- 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 Opens On Closes On 30-Oct-26 03-Nov-26 Money Payable On Application Allotment 158.00 0.00 Minimum Application for shares in Nos : 1600 Further Multiples of : 800 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 JDA Capital Services Limited Project Financed through Current Offer (.Cr) 57.64   Post Issue Equity Share Capital (.Cr) 13.70 Issue Price () 158.00

Projects

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

Promoted By

Rajkumar Chaudhary

Vinubhai Kanjibhai Chavda

Ria Rajkumar Chaudhary

Listing At

NSE - SME

Registrar to the Issue

KFin Technologies Ltd