Maxwell Engineering Solutions IPO Details

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 components, and management consulting for customer acquisition.

Manufacturing facility: Vadodara, Gujarat. The facility is well equipped with VMC, CNC, EDM, wire cut, milling, lathe, and other high-precision machines.

As of March 31, 2025, its workforce comprised 59 permanent employees.