Tempsens Instruments (India) Ltd₹305101.7%Hy Tech Engineers Ltd₹4279.3%Kwick Forensic Solutions Ltd₹6673.3%Farm Peace Ltd₹4271.2%Poojaa Precision Engg Ltd₹19364.1%ESDS Software Solution Ltd₹21550.1%Shanti Inorganics Ltd₹3947.0%Ashutosh Fibre Ltd₹4245.7%Behari Lal Engineering Ltd₹12744.6%Technocrats Plasma Systems Ltd₹5642.4%Lumino Industries Ltd₹3441.5%Shiprocket Ltd₹3839.2%

Maharaja and Speedex India Ltd IPO

Open SME BSE SME Bookbuilding IPO
Min Investment
₹2,23,200
600 shares · 1 lot

Maharaja and Speedex India Ltd IPO is priced at ₹177–₹186 per share with an issue size of ₹80 crore. The IPO opens on Sep 10, 2026 and closes on Sep 15, 2026, with a lot size of 600 shares and a minimum investment of ₹2,23,200.

Open
10 Sep
Close
15 Sep
Allotment
16 Sep
Refund
17 Sep
Listing
18 Sep

Market Sentiment

Grey Market Premium

No GMP data recorded yet for this IPO.

GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →

Subscription data isn't available yet — it appears once bidding opens.

IPO Details

Price Band ₹177.00 - ₹186.00 per share
Lot Size600 shares
Min Investment₹2,23,200
Total Issue Size ₹80.00 crore
Shares Offered43,08,000
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Choice Capital Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

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
No grey market premium has been recorded for this IPO yet, so profit is shown as nil. The investment column still reflects what each category would need to apply. Figures update automatically once GMP data or the listing price is available.

Financial Analysis

EPS
₹4.31
RoNW
53.64%
RoCE
39.94%
Net Worth
₹21.87 Cr
MetricLatest Reported
Total Income₹75.48 Cr
Profit After Tax₹8.35 Cr
Net Worth₹21.87 Cr

Promoters & Holding

Promoters: Rakesh Kumar Aggarwal, Akash Aggarwal

Promoter Holding (Pre-Issue)87.69%
Promoter Holding (Post-Issue)63.93%

Strengths & Risks

Strengths

  • Long-standing relationships with suppliers and customers
  • Integrated Manufacturing and Distribution Capabilities
  • Diversified product portfolio across price segments
  • Seasoned Management Team with Complementary Expertise

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue
  • Competition from established brands in the drinkware market
  • Fluctuations in raw material prices
  • Regulatory changes affecting manufacturing and distribution
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Maharaja & Speedex India Ltd. is a drinkware manufacturer and distributor company, focusing on stainless-steel bottles and allied drinkware products.

Founded2006
HeadquartersKh. No. 53/27 GT Karnal Road,Village Alipur,Near Alipur Police Station,Alipur, New Delhi, 110036
IndustryDrinkware Manufacturing
Websitehttps://speedexind.com/

Objects of the Issue

  • Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company and its subsidiary from banks.
  • Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary
  • General Corporate Purposes

Registrar & Allotment

RegistrarMaashitla Securities Pvt.Ltd.
Phone011-45121795
Email[email protected]

Resources & Documents

Frequently Asked Questions

12 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 is priced at ₹177–₹186 per share, with a lot size of 600 shares. Bidding opens on Thu, 10 Sep 2026 and closes on Tue, 15 Sep 2026, with shares to be listed on BSE SME.

The price band is ₹177–₹186 per share.

One lot is 600 shares. Bids must be placed in multiples of 600.

A retail investor needs 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 opens on Thu, 10 Sep 2026 and closes on Tue, 15 Sep 2026.

Allotment is expected to be finalised on Wed, 16 Sep 2026.

Maharaja and Speedex India Ltd shares are expected to list on Fri, 18 Sep 2026 on BSE SME.

The company intends to use the net proceeds towards repayment and/or pre-payment, in full or part, of certain borrowings availed by the company and its subsidiary from banks, funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary and general corporate purposes.

Choice Capital Advisors Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.

Apply online through your broker using UPI, or through your bank's net banking using ASBA. Select Maharaja and Speedex India Ltd IPO, enter a quantity in multiples of 600 along with your bid price, submit the application, then approve the UPI mandate in your payment app before the cut-off time.

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.