- Analytics
- Backtesting
- Options
- Resources
Best-in-market backtesting with 4+ years of data, payoff charts, and auto-play
Nifty, Bank Nifty, Finnifty, Midcap Nifty, Sensex
Test your intraday trading strategies with historical tick data
Nifty, Bank Nifty, Finnifty, Midcap Nifty
Find market trends with high accuracy, includes historical data analysis
NSE, BSE, MCX Commodities
Find market momentum with calls vs puts comparison across strikes
Nifty, Bank Nifty, Finnifty, Sensex
Backtest intraday market, find today's market trend with complete OI flow
Nifty, Bank Nifty, Finnifty, Midcap Nifty, Sensex, MCX Commodities

Maharaja & Speedex IPO
Maharaja & Speedex IPO
Overview
Maharaja & Speedex IPO is a book build issue of ₹80.13 crores. The issue is a combination of fresh issue of 34.46 lakh shares aggregating to ₹64.10 crores and offer for sale of 8.62 lakh shares aggregating to ₹16.03 crores. Maharaja & Speedex IPO opens for subscription on Sep 10, 2026 and closes on Sep 15, 2026. The allotment for the Maharaja & Speedex IPO is expected to be finalized on Sep 16, 2026. Maharaja & Speedex IPO will list on the BSE SME with a tentative listing date fixed as Sep 18, 2026. Maharaja & Speedex IPO is set issue price band at ₹177 to ₹186 per share. The lot size for an application is 600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,23,200 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,34,800. Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd.
Total Shares
43,08,000
Issue Size
₹80 Cr
Price Band
₹177 – ₹186
Lot Size
600 shares
Min. Investment
₹1,11,600
Max. Investment
₹1,11,600
Open Date
10 Sep, 2026
Close Date
15 Sep, 2026
Allotment
16 Sep, 2026
Listing
18 Sep, 2026
Max. Investment
₹1,11,600
Announced
10 Sep, 2026
Opening Date
10 Sep, 2026
Closing Date
15 Sep, 2026
Basis of Allotment
16 Sep, 2026
Initiation of Refunds
17 Sep, 2026
Credit of Shares
17 Sep, 2026
Listing Date
18 Sep, 2026
Live GMP
Est. Listing: ₹192
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Maharaja & Speedex IPO
Incorporated in February 2006, Maharaja & Speedex India Limited is a drinkware manufacturing and distribution company engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and allied drinkware products. The Company offers a diversified portfolio of drinkware products classified into Standard Products and Novelty Products. Standard Products primarily comprise stainless-steel bottles, while Novelty Products include tumblers, feeding bottles and gym sh
Maharaja & Speedex IPO Share Price
Issue Breakdown
Shareholding
Dilution: 26.7% increase in shares
Maharaja & Speedex IPO Financial Health
Maharaja & Speedex India Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 176% between the financial year ending with March 31, 2026 and March 31, 2025.
Maharaja & Speedex IPO Lot Size
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 1200 | ₹2,23,200 |
| Individual investors (IND) (Max) | 2 | 1200 | ₹2,23,200 |
| S-HNI (Min) | 3 | 1800 | ₹3,34,800 |
| S-HNI (Max) | 8 | 4800 | ₹8,92,800 |
| B-HNI (Min) | 9 | 5400 | ₹10,04,400 |
(All values in CR)
Maharaja & Speedex IPO Valuations
| Metric | Value |
|---|---|
| ROCE | 54.60 |
| Debt/Equity | 0.92 |
| RoNW | 80.47 |
| PAT Margin | 12.51 |
| EBITDA Margin | 18.36 |
| NAV | 20.73 |
| Price to Book Value | 8.97 |
(All values in CR)
Maharaja & Speedex IPO Strength & Risk
Maharaja & Speedex IPO Strength
- Long-standing relationships with suppliers and customers
- Integrated manufacturing and distribution capabilities
- Diversified stainless-steel drinkware portfolio across price segments
- Pan-India distribution network supports wider market reach
- Own brands along with OEM and private-label manufacturing capabilities
- Experienced management team with complementary industry expertise
- Strong improvement in profitability and return ratios in recent financial performance
Maharaja & Speedex IPO Risk
- High dependence on a limited number of suppliers for raw materials
- Revenue concentration among key customers
- Dependence on distributors and other sales channels across India
- OEM and private-label business may create channel conflicts with its own brands
- Revenue is concentrated in certain states
- Reliance on leased manufacturing and office premises
Maharaja & Speedex IPO GMP
Maharaja & Speedex India SME IPO last GMP is ₹6, last updated Sep 7th 2026 05:32 PM. With the upper price band of ₹186.00, Maharaja & Speedex India SME IPO's estimated listing price is ₹192 (cap price + today's GMP). The expected percentage gain/loss per share is 3.23%. >> Maharaja & Speedex India SME IPO Retail Subject to Sauda: ₹2700 The GMP for Maharaja & Speedex India SME IPO has started trading and has been available for the last 1 sessions. As the trading history is still limited, it is too early to determine a clear trend.
Last updated 07 Sep, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 07 Sep, 2026 | 186 | ₹6 | - | ₹192 (3.23%) | 3600 | 07 Sep, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Maharaja & Speedex IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Maharaja & Speedex IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.
Subscribe to our newsletter
Sign up & receive the latest tips via email.
IMPORTANT LINKS
TOOLS
Copyright © NiftyTrader · All rights reserved · ver 1.4.1