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Maxwell Engineering Solutions IPO IPO

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Issue Size
36,50,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets25.378.512.84
Total Income22.5910.870.82
Profit After Tax9.183.160.16
EBITDA11.774.250.32
NET Worth13.013.330.17
Reserves and Surplus10.263.320.16
Total Borrowing8.603.192.22
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Liotech Industries Ltd.SME₹36.03 Cr₹32123.13₹244.15-23.94%₹96.50 (-3.60%)
Narmadesh Brass Industries Ltd.SME₹44.87 Cr₹51519.63₹470.25-8.69%₹309.75 (+0.00%)
Abril Paper Tech Ltd.SME₹13.42 Cr₹6124.96₹49.38-19.05%₹34.40 (+1.18%)
Classic Electrodes (India) Ltd.SME₹41.51 Cr₹879.33₹95.00+9.20%₹60.00 (+4.99%)
ARC Insulation & Insulators Ltd.SME₹41.19 Cr₹12510.58₹137.75+10.20%₹37.80 (+2.16%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Financing the capital expenditure requirement towards Purchase of New Machineries & Other utilities for our Manufacturing Facility;5.50
2Financing the capital expenditure requirement for construction of New Office Building and Manufacturing facility;5.50
3Repayment / prepayment, in full or part, of certain outstanding borrowings availed by our Company8.00
4Funding working capital requirements of our Company12.00
5General Corporate Purposes

About Maxwell Engineering Solutions IPO

Maxwell Engineering Solutions is a precision engineering company that manufactures, trades, and services critical components used in underwater pelletizing systems. The company specializes in various products, such as Pelletizing die plates, Pelletizing blades/knives, Blade holders/cutter hubs, Tapped driving bushes, and other spare parts for pelletizing systems. Its die plates are used in various applications, including White, black & color masterbatches, Cable compounds (HFFR, XLPE, PVC, etc.), Engineering plastics (PA, PBT, PC, etc.), and Recycled resins (PET, PP, PE, etc.). These products are widely used in industries like compounding, masterbatches, recycling, petrochemicals, and bioplastics. The company serves customers across India and internationally in countries like the USA, Germany, Japan, Australia, Saudi Arabia, and many more. In FY 2025, the company derived 82.43% of revenue from exports and remaining 17.57% from domestic sales. Additionally, the company also offers various services, including Refurbishment & repair services, custom manufacturing solutions, white-label manufacturing, trading of select pelletizing components, marketing & intermediary services for CJTEK

Contact Details

Maxwell Engineering Solutions Ltd. AddressPlot 939 & 940,Waghodia GIDC, VaghodiaVadodara, Gujarat, 391760+91 96385 42674cs@maxwells.inVisit Website