
Consumer Durables · BSE
Maharaja & Speedex India Limited, originally incorporated in 2006 as Maharaja Cookers Private Limited, is a drinkware manufacturing and distribution company focused on stainless-steel bottles and other drinkware products. The Company offers a diverse range of standard and novelty products, including stainless-steel bottles, tumblers, feeding bottles and gym shakers, catering to mass, premium and lifestyle segments. It also provides OEM and private-label manufacturing solutions for corporate gifting programs, institutional buyers and brand partners, serving both B2C and B2B customers. With in-house manufacturing capabilities supported by its subsidiary, modern machinery and advanced production facilities, the Company focuses on maintaining product quality, efficient production and customization. Its product portfolio is aligned with growing consumer demand for durable, hygienic, reusable and sustainable alternatives to plastic drinkware.
Price Band
₹177 – ₹186
Issue Size
₹430.80 L Cr
Lot Size
600 shares
GMP
+12.9%
Est. Listing
₹210
at current GMP
Subscribed
32.49x
overall
Open
10 Sep 2026
Close
15 Sep 2026
Allotment
16 Sep 2026
Refund
17 Sep 2026
Demat Credit
18 Sep 2026
Listing
18 Sep 2026
Last updated: 18 Sept 2026
Current Premium
Issue Price (Upper)
₹186
Band: ₹177 – ₹186
Estimated Listing Price
₹210
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,11,600
Estimated Profit / Lot
₹14,400
600 × ₹24
Grey Market Premium trend
+₹24
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 28 Sep 2026 | +₹24 | 12.9% | ₹210 |
| 26 Sep 2026 | +₹24 | 12.9% | ₹210 |
| 25 Sep 2026 | +₹22 | 11.6% | ₹208 |
GMP is unofficial market data. Not a guarantee of listing performance.
Maharaja & Speedex India Limited is bringing an initial public offering (IPO) in the Consumer Durables sector with an aggregate issue size of ₹43,08,000 Crores. The shares are offered at a price band of ₹177 to ₹186 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-15, the basis of allotment is scheduled to be finalized on 2026-09-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.
The latest grey market premium for Maharaja & Speedex India Limited IPO is ₹24, which indicates an expected listing price of ₹210.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.