Business Overview
Maharaja & Speedex India is a SME IPO with an issue size of ₹80.13 Cr. The issue will be available for subscription from 2026-09-10 to 2026-09-15, with listing expected on 2026-09-18.
Maharaja & Speedex India IPO
SME BoardListed on ExchangeRegistrar: kfintech
₹1,11,600(600 Shares)
MINIMUM INVESTMENT IPO Dates
10 Sept 2026 – 15 Sept 2026
Price Band
₹177-186
Issue Size
₹80.13 Cr
Lot Size
600
Listing
18 Sept 2026
Listing At
BSE
10 Sept 2026Open DateCOMPLETED
15 Sept 2026Close DateCOMPLETED
16 Sept 2026Allotment DateCOMPLETED
18 Sept 2026Listing DateACTIVE
Corporate Profile & Issue Overview
SME Growth EnterpriseAbout Maharaja & Speedex India
Maharaja & Speedex India is a prominent corporate entity operating in the SME Growth Enterprise segment. Incorporated in India, the enterprise specializes in diversified industrial and commercial solutions across domestic and global markets. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹80.13 Cr on the NSE Emerge / BSE SME exchange platform. The bidding window opens on 10 Sept 2026 and closes on 15 Sept 2026, with equity shares offered within a price band of ₹177 to ₹186 per share.
Target Exchange
BSE
SME PlatformAllotment Registrar
kfintech
Official RegistryLead Manager(s)
Disclosed in RHP
Book Running MerchantFace Value
₹10 per share
Equity Par ValueObjects of the Issue & Capital Deployment
Proceeds generated from the net public issue of ₹80.13 Cr will be utilized by Maharaja & Speedex towards the following statutory corporate objectives:
- Funding strategic capital expenditure (CapEx) for facility expansion and upgrades.
- Meeting long-term and incremental working capital requirements.
- Prepayment / repayment of certain outstanding borrowings to reduce finance cost.
- General corporate purposes and issue related statutory expenses.
Verified from official SEBI DRHP / RHP filing recordsFiling Source
Live Grey Market Intelligence
Maharaja & Speedex India Current GMP & Profit Estimate
1 quote tracked
Current GMP
₹28
+15.1% ExpectedEst. Listing Price
₹214
Cap Price + GMPProfit Per Lot
+₹16,800
600 shares × GMPGMP Trend Signal
Moderate
High: ₹28 · Low: ₹28 Exchange Bidding Activity
Total: 32.41x SubscribedMaharaja & Speedex India Live Subscription Status
- QIB48.82x
- NII40.32x
- Retail19.65x
- Total32.41x
Exchange data verified as of 09:02 am
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Application Bidding Calculator
1 Lot = 600 SharesMaharaja & Speedex India IPO Lot Size & Investment
Retail investors can apply for a maximum of 1 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
Company Valuations & Key Ratios
DRHP / RHP MetricsMaharaja & Speedex India Financial Indicators
Price to Earnings (P/E)
15.64x
Based on upper price band
Estimated Market Cap
₹337 Cr
Post-issue valuation
Face Value
₹10 per share
Par equity value
Return on Net Worth (RoNW)
18.40%
Weighted 3-year average
Net Asset Value (NAV)
₹71
Per share prior to issue
Earnings Per Share (EPS)
₹12
Diluted FY25/26 annualised
Issue Structure & Objectives
The total public issue of ₹80.13 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
SEBI Issue Distribution
SME Exchange RulesMaharaja & Speedex India IPO Reservation Quota
5.00% Market Maker Quota47.50% Non-Institutional (NII / HNI)47.50% Retail Individual (RII)
5.00%
Market Maker Quota
Mandatory liquidity support reservation for SME exchange listings.
47.50%
Non-Institutional (NII / HNI)
High net-worth individuals and corporate treasury allocations.
47.50%
Retail Individual (RII)
Individual retail investors applying up to ₹2,00,000.
Direct Allotment Verification
Basis: 16 Sept 2026Maharaja & Speedex India Official Allotment Hub
Assigned Allotment Registrar
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
Sync Important Milestones to Google Calendar
Book Running Lead Managers (BRLMs)
- Exchange disclosed upon filing
AI Quant Report
Strong Apply · 84/100Maharaja & Speedex India Automated Research Summary
Financial Health & Demand
100/100Issue size of 80.13 Cr suggests a small offering. Overall subscription of 32.41x indicates very strong investor demand. Current grey-market premium of ₹28 (15.1%) signals positive market sentiment.
Valuation Analysis
60/100Price band set at ₹177–186 per share, a 5% range. Minimum retail investment of ₹1,11,600.
Market Sentiment
95/100QIB portion subscribed 48.82x — institutional confidence is strong. NII portion subscribed 40.32x reflecting very high high-net-worth interest. Retail portion subscribed 19.65x indicating strong retail participation. Overall subscription of 32.41x. GMP of ₹28 (15.1%) implies an estimated listing price of ₹214.
Risk Assessment
80/100SME IPO — these carry higher volatility and lower liquidity compared to mainboard issues. High subscription levels reduce risk of undersubscription but may mean lower allotment ratios.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.
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