Maharaja and Speedex India Ltd IPO was priced at ₹177–₹186 per share with an issue size of ₹80 crore. The IPO opened on Sep 10, 2026 and closed on Sep 15, 2026, with a lot size of 600 shares and a minimum investment of ₹2,23,200.
No GMP data recorded yet for this IPO.
Subscription data isn't available yet — it appears once bidding opens.
| Price Band | ₹177.00 - ₹186.00 per share |
| Lot Size | 600 shares |
| Min Investment | ₹2,23,200 |
| Total Issue Size | ₹80.00 crore |
| Shares Offered | 43,08,000 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Choice Capital Advisors Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Listing At | BSE SME |
Issue price ₹186 · lot size 600 shares · no GMP recorded, so estimated profit is nil
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,11,600 | ₹1,11,600 | ₹0 |
| S-HNI (Min) | 2 | 1,200 | ₹2,23,200 | ₹2,23,200 | ₹0 |
| S-HNI (UPI limit) | 4 | 2,400 | ₹4,46,400 | ₹4,46,400 | ₹0 |
| S-HNI (Max) | 8 | 4,800 | ₹8,92,800 | ₹8,92,800 | ₹0 |
| B-HNI (Min) | 9 | 5,400 | ₹10,04,400 | ₹10,04,400 | ₹0 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹122.74 Cr |
| Profit After Tax | ₹15.34 Cr |
| Net Worth | ₹26.74 Cr |
Promoters: Rakesh Kumar Aggarwal
| Promoter Holding (Pre-Issue) | 87.69% |
| Promoter Holding (Post-Issue) | 63.93% |
Maharaja & Speedex India Limited is a drinkware manufacturing and distribution company engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and allied drinkware products.
Acquired Gulika Apparel Private Limited in 2026, rebranded as Speedex Online Private Limited.
| Founded | 2006 |
| Headquarters | New Delhi |
| Industry | Drinkware Manufacturing |
| Website | https://speedexind.com/ |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Phone | 011-45121795 |
| [email protected] |
10 answers about Maharaja and Speedex India Ltd IPO — dates, pricing, allotment and listing.
Maharaja and Speedex India Ltd IPO is a bookbuilding ipo of ₹80 crore. The issue was priced at ₹177–₹186 per share, with a lot size of 600 shares. Bidding ran from Thu, 10 Sep 2026 to Tue, 15 Sep 2026, with shares listed on BSE SME.
The price band was ₹177–₹186 per share.
One lot was 600 shares. Bids had to be placed in multiples of 600.
A retail investor needed at least ₹2,23,200 – one lot of 600 shares at ₹186, the upper end of the price band.
Maharaja and Speedex India Ltd IPO opened on Thu, 10 Sep 2026 and closed on Tue, 15 Sep 2026.
Allotment was finalised on Wed, 16 Sep 2026.
Maharaja and Speedex India Ltd shares were listed on Fri, 18 Sep 2026 on BSE SME.
Choice Capital Advisors Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Maharaja and Speedex India Ltd IPO subscription page, and on the BSE and NSE websites.
From Wed, 16 Sep 2026, check the Maharaja and Speedex India Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.