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Maxwell Engineering Solutions Ltd

Registered Office : Plot 939 & 940 Waghodia GIDC,Vaghhodia,Vadodara Gujarat 391760 Phone : +91 96385 42674
Fax :

Email : cs@maxwells.in

Website : www.maxwells.in

Initial public issue of upto 36,50,000 equity shares of face value of Rs. 10/- each of Maxwell Engineering Solutions Limited ("MESL" or the "company" or the "issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of Rs.[*]/- per equity share (the "issue price") aggregating to Rs. [*] crores ("the issue"), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

JDA Capital Services Limited

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

Listing At

NSE - SME

Registrar to the Issue

KFin Technologies Ltd