Maharaja & Speedex India Limited
ListedSMEConsumer 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
₹24
+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 10 days ago
Overall Subscription
32.49x
Total Demand
QIB Multiplier
48.82x
Institutions & Funds
NII / HNI
40.67x
High Net-Worth
Retail (RII)
19.65x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 818,400 | 39,958,200 | 48.82x |
| NIB | 613,800 | 24,964,800 | 40.67x |
| HNIs(10L +) | 408,600 | 18,441,000 | 45.13x |
| HNIs (2-10L) | 205,200 | 6,523,800 | 31.79x |
| RETAIL | 1,432,800 | 28,149,600 | 19.65x |
| Total | 3,478,800 | 118,037,400 | 32.49x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 49 | 0.00x |
| NIB | — | 6,597 | 0.00x |
| RETAIL | 1,194 | 23,458 | 19.65x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 227 | 3,150 | 13.88x |
| HNIs (2-10L) | 114 | 3,447 | 30.24x |
| Shareholder | — | — | 0.00x |
| Total Applications | 1,535 | 36,701 | 23.91x |
Day-Wise Subscription Progress
About Maharaja & Speedex India Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Maharaja & Speedex India Limited IPO?
The Maharaja & Speedex India Limited IPO aggregate issue size is ₹43,08,000 Crores with an equity price band set at ₹177 to ₹186 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,11,600.
How can I check Maharaja & Speedex India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Maharaja & Speedex India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-09-16.