IPO

IPO Synopsis

Maharaja & Speedex India Ltd
Registered Office: C-5/1 First Floor,Wazirpur Industrial Area , New Delhi - 110052 , New Delhi , India.
Phone :    Fax:
Email :  apvca@rediffmail.com  
Website :  NA
Initial public offer of upto 43,08,000 equity shares of face value of Rs10/- each ("Equity Shares") of Maharaja & Speedex India Limited ("The Company" or "The Issuer") at an offer price of Rs186 per equity share (including a share premium of Rs176 per equity share) for cash, aggregating up to Rs80.13 Crores ("Public Offer") comprising a fresh issue of upto 34,46,400 equity shares of face value of Rs10 each aggregating to Rs64.10 Crores (the "Fresh Issue") and an offer for sale of upto 8,61,600 equity shares of face value of Rs10 each comprising of 4,30,800 equity shares of face value of Rs10 each by Rakesh Kumar Aggarwal and upto 4,30,800 equity shares of face value of Rs10 each by Akash Aggarwal ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to Rs16.03 Crores, out of which 2,16,000 equity shares of face value of Rs10/- each, at an offer price of Rs186 per equity share for cash, aggregating Rs4.02 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 40,92,000 equity shares of face value of Rs10 each, at an offer price of Rs186 per equity share for cash, aggregating up to Rs76.11 Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 26.36% and 25.03% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs186 per equity share of face value of Rs10 each. The floor price is 18.60 times the face value of the equity shares. Bids can made for a minimum of 1200 equity shares and in multiples of 600 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-26 15-Sep-26 Rs 186.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :600
  (Rs Cr) Lead Managers to the Issue
Project Cost 55.13
Choice Capital Advisors Private Limited
Project Financed through Current Offer 80.13
Post Issue Equity Share Capital 16.35
Issue Price Rs 186.00
Projects
Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company and its subsidiary from banks General Corporate Purposes
Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary
Promoted By Listing At Registrar to the Issue
  Rakesh Kumar Aggarwal
  Kusum Aggarwal
  Akash Aggarwal
 BSE - SME
 Maashitla Securities Pvt Ltd
Friday, September 18, 2026 12:00:00 AM
Adani Ports1801.00comprofit(3.72)%
      
Asian Paints2405.00comprofit(-2.00)%
      
Axis Bank1240.90comprofit(0.23)%
      
Bajaj Finance1027.00comprofit(1.08)%
      
Bajaj Finserv1849.85comprofit(-0.67)%
      
Bharat Electro..393.65comprofit(-0.49)%
      
Bharti Airtel1866.00comprofit(2.11)%
      
Eternal326.55comprofit(0.82)%
      
HCL Technologi..1238.00comprofit(-1.43)%
      
HDFC Bank729.10comprofit(2.26)%
      
Hind. Unilever1934.95comprofit(-1.07)%
      
ICICI Bank1337.10comprofit(-0.59)%
      
Infosys1050.15comprofit(-0.56)%
      
Interglobe Avi..4899.10comprofit(0.93)%
      
ITC262.20comprofit(-1.43)%
      
Kotak Mah. Ban..412.80comprofit(-1.01)%
      
Larsen & Toubr..3860.00comprofit(0.78)%
      
M & M3053.05comprofit(-0.87)%
      
Maruti Suzuki12145.00comprofit(-1.98)%
      
NTPC324.00comprofit(-1.62)%
      
Power Grid Cor..270.00comprofit(2.47)%
      
Reliance Indus..1233.95comprofit(-0.55)%
      
SBI989.80comprofit(0.54)%
      
Sun Pharma.Ind..1835.50comprofit(-1.63)%
      
Tata Steel184.75comprofit(-1.73)%
      
TCS2101.00comprofit(-4.33)%
      
Tech Mahindra1530.70comprofit(-1.82)%
      
Titan Company4756.50comprofit(-2.11)%
      
Trent2778.05comprofit(-0.64)%
      
UltraTech Cem.10670.00comprofit(-1.48)%
      

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)

© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.

Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)