Maxwell engineering ipo #smeipo #newipo #gmp #listinggain

StockMarket Funda • 1 day ago

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What This Video Is About

The video discusses Maxwell Engineering's initial public offering (IPO), which is open from 30th October to 3rd November, with a total issue size of ₹57 crores. The company's grey market premium has increased to 44% from 17%.

Major Ideas Discussed

  • Maxwell Engineering manufactures precision engineering components used in various industries, with a revenue of ₹29 crores and a net profit of ₹11.5 crores in 2026, resulting in a margin of 40%.
  • The company's PE value is 12, which is reasonable compared to Sunita Tools' PE of 100.
  • The IPO funds will be utilized for new machinery, a new office building, and debt repayment.
  • The anchor book is around ₹16-18 crores, indicating high chances of listing gains.
  • The company's financial performance and valuation are attractive, but applying for the IPO depends on favorable market conditions.

What to Watch Next

Investors should monitor the market conditions before applying for the IPO, as the risk increases in a weak market. The company's growth and debt repayment plans are also worth monitoring.