FX Multitech IPO
ListedBSE SMEListing at: BSE SME • C-907908 Titanium Square,Thaltej Cross Road, Thaltej,Ahmedabad, Gujarat, 380054
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
FX Multitech IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 30 Sept 2026 | ₹116 | +₹6.5 | 5.60% | +₹7,800 | 17.72x | Flat |
| 29 Sept 2026 | ₹116 | +₹6.5 | 5.60% | +₹7,800 | 17.72x | Flat |
| 28 Sept 2026 | ₹116 | +₹6.5 | 5.60% | +₹7,800 | 17.72x | ↑ Up |
| 27 Sept 2026 | ₹116 | +₹6 | 5.17% | +₹7,200 | 17.72x | Flat |
| 26 Sept 2026 | ₹116 | +₹6 | 5.17% | +₹7,200 | 17.72x | Flat |
| 25 Sept 2026 | ₹116 | +₹6 | 5.17% | +₹7,200 | 17.72x | ↑ Up |
| 24 Sept 2026 | ₹116 | +₹4 | 3.45% | +₹4,800 | 17.72x | Flat |
Explore the complete GMP movement
Open the chart and all available daily records.
FX Multitech IPO Details
| IPO Date | 21 Sept 2026 to 23 Sept 2026 |
| Listing At | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹116 |
| Lot Size | 1200 Shares |
| Total Issue Size | ₹45.24 Cr(₹1,255.57 Cr) |
| Fresh Issue | 35.52L shares (₹41.2 Cr) |
| Offer for Sale (OFS) | ₹4.04 Cr (approx 2.74 Cr shares) |
| Issue Type | SME Issue |
FX Multitech IPO Timetable
| IPO Open Date | 21 Sept 2026 |
| IPO Close Date | 23 Sept 2026 |
| Basis of Allotment | 24 Sept 2026 |
| Initiation of Refunds | 24 Sept 2026 |
| Credit of Shares to Demat | 24 Sept 2026 |
| Listing Date | 28 Sept 2026 |
| Cut-off time for UPI Mandate | 5 PM on 23 Sept 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
FX Multitech IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB Shares Offered | 49.87% | 18,46,800 |
| − Anchor Investor Shares Offered | – | 11,02,800 |
| − QIB (Ex. Anchor) Shares Offered | – | 7,44,000 |
| NII (HNI) Shares Offered | 15.07% | 5,58,000 |
| − bNII > ₹10L Shares Offered | – | 3,71,200 |
| − sNII < ₹10L Shares Offered | – | 1,86,000 |
| Retail Shares Offered | 35.06% | 12,98,400 |
| Market Maker Shares Offered | – | 1,96,800 |
FX Multitech Anchor Details
| Anchor Bid Date | 17 Sept 2026 |
| Anchor Shares Offered | 11,02,800 Shares |
| Total Anchor Portion | ₹12.79 Cr |
| Lock-in 50% End Date | 23 Oct 2026 (30 Days) |
| Lock-in Rem. 50% Date | 22 Dec 2026 (90 Days) |
FX Multitech IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Individual investors (IND) (Min) | 2 Lots | Shares | ₹2,78,400 | – |
| Individual investors (IND) (Max) | 2 Lots | Shares | ₹2,78,400 | – |
| S-HNI (Min) | 3 Lots | Shares | ₹4,17,600 | – |
| S-HNI (Max) | 7 Lots | Shares | ₹9,74,400 | – |
| B-HNI (Min) | 8 Lots | Shares | ₹11,13,600 | – |
FX Multitech Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
FX Multitech IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|---|---|---|
| QIB (Ex Anchor) | 7,44,000 | 1,55,90,400 | 20.95x |
| NII* | 5,58,000 | 1,44,98,400 | 25.98x |
| bNII (> ₹10L) | 3,71,200 | 1,11,12,000 | 29.94x |
| sNII (< ₹10L) | 1,86,000 | 33,86,400 | 18.21x |
| Individual Investor | 12,98,400 | 1,59,84,000 | 12.31x |
| Total | 26,00,400 | 4,60,72,800 | 17.72x |
FX Multitech Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 2026 | ₹73.05 Cr | ₹111.90 Cr | ₹11.54 Cr | ₹19.37 Cr | ₹37.89 Cr | ₹18.42 Cr |
| 30 Mar 2025 | ₹61.12 Cr | ₹102.34 Cr | ₹9.64 Cr | ₹14.17 Cr | ₹26.35 Cr | ₹17.32 Cr |
| 30 Mar 2024 | ₹32.66 Cr | ₹68.74 Cr | ₹4.18 Cr | ₹6.95 Cr | ₹16.71 Cr | ₹11.24 Cr |
FX Multitech Key Valuation & Financial KPIs
FX Multitech IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
FX Multitech Limited was incorporated on March 27, 2008 as FX Multitech Private Limited and was subsequently converted into a public limited company and renamed FX Multitech Limited on December 19, 2024.
Established in 2008 in Ahmedabad, Gujarat, the Company is engaged in the distribution and export of engineering products, primarily serving the refrigeration and HVAC industries. It offers a comprehensive range of products including compressors, refrigeration and industrial refrigeration controls, variable frequency drives and automation, specialized components and tools, heat exchangers, cold room evaporators, refrigerants and ancillary products.
The Company focuses on partnering with globally recognized manufacturers such as Danfoss Industries, Transfer Oil, Quang Thang Mechanics and Refrigeration, Kuzu Flex Metal, Testo India, Refco Manufacturing, US HVAC & Weld Tools and Honeywell Automation India, among others, to provide technologically advanced products for diverse industrial and commercial applications.
Strong Global Supplier Relationships: Established relationships with suppliers across Europe and Asia, enabling access to diverse products, components and technological innovations while strengthening competitiveness and market credibility.
Wide & Established Distribution Network: A strong distribution network across multiple Indian states, supported by strategically located warehouses and streamlined logistics, enables timely service and supports business scalability.
Diversified Product Portfolio: Offers products across HVAC, refrigeration, automation, electrical components and industrial accessories, reducing dependence on a single sector and catering to contractors, distributors and end users across diverse industries.
Dependence on Key Suppliers: A significant portion of purchases depends on a limited number of suppliers, including a single supplier. Since purchases are not covered by long-term supply agreements, any disruption could affect business and financial performance.
No Long-Term Customer Agreements: The Company has no long-term contracts or binding purchase commitments with customers. Customers may reduce, delay, cancel or shift orders to competitors, affecting revenue, capacity utilization, cash flows and operational efficiency.
About FX Multitech Limited
FX Multitech IPO is a book build issue of ₹45.24 crores. The issue is a combination of fresh issue of 35.52 lakh shares aggregating to ₹41.20 crores and offer for sale of 3.48 lakh shares aggregating to ₹4.04 crores.FX Multitech IPO opens for subscription on Sep 21, 2026 and closes on Sep 23, 2026. The allotment for the FX Multitech IPO is expected to be finalized on Sep 24, 2026. FX Multitech IPO will list on the BSE SME with a tentative listing date fixed as Sep 28, 2026.FX Multitech IPO is set issue price band at ₹110 to ₹116 per share. The lot size for an application is 1,200 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,78,400 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹4,17,600.Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Basan Equity Broking Ltd.Refer to FX Multitech IPO RHP for detailed Information.
Shariah Compliance Screening (AAOIFI Standard 21)
FX Multitech IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | View RHP |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | Disclosed | Anchor PDF |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | MUFG Intime India Pvt.Ltd. | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
FX Multitech IPO Registrar & Lead Managers
- Oneview Corporate Advisors Pvt.Ltd.
C-907908 Titanium Square,Thaltej Cross Road, Thaltej,Ahmedabad, Gujarat, 380054