Maxwell Engineering Solutions Limited is a precision engineering company incorporated in 2022 and converted from a private limited to a public limited company on June 30, 2025. Founded by Rajkumar Chaudhary and Vinubhai Kanjibhai Chavda, the company operates under the “Maxwell” brand and has experience across compounding, masterbatches, recycling, petrochemicals and bioplastics.
The company manufactures, trades and services critical components used in underwater pelletizing systems. Its primary products include pelletizing die plates, pelletizing blades and knives, blade holders, cutter hubs, tapped driving bushes and other spare components. These products serve applications involving masterbatches, cable compounds, fluoropolymers, engineering compounds, TPR, TPU, TPV, PET and PA resin production, as well as post-consumer and post-industrial recycling of materials such as PP, PE and PVC.
In addition to manufacturing, Maxwell provides refurbishing and repair services, intermediary support and management consulting, while selectively trading components including blades, driving bushes and blade holders. The company has established a new manufacturing facility in Vadodara, Gujarat, to expand production capacity and gradually shift operations from its existing leased unit to the owned facility.
The company is planning an Initial Public Offering comprising a fresh issue of 36,50,000 equity shares with a face value of ₹10 each.
