FX Multitech Limited
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FX Multitech Limited's presents an investment opportunity through its forthcoming IPO with a total issue size of 39,00,000 Shares. The fresh issue of 33,55,200 Shares aims to strengthen the company's financial position.
The indicative price range of TBD per share and minimum lot size ofTBD have been designed to accommodate varying investment capacities while ensuring broad market participation.
The subscription period is scheduled from Sep 21, 2026 to Sep 23, 2026. Post- subscription, the allotment process will conclude on Sep 24, 2026, with the official listing ceremony expected on Sep 28, 2026 at the BSE exchange.
FX Multitech Limited, incorporated in March 2008, is engaged in the distribution and export of engineering and refrigeration products, primarily serving the HVAC and industrial refrigeration industries. Its product portfolio includes compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives, automation products, specialized components and tools, heat exchangers, cold room evaporators, refrigerants and other ancillary products. The Company sources products from globally recognized manufacturers and provides reliable, energy-efficient and cost-effective solutions for industrial and commercial applications. Headquartered in Ahmedabad, Gujarat, FX Multitech has warehouses in Hyderabad, Thane, Kolkata and Bangalore, enabling it to serve customers across India with timely delivery, technical assistance and after-sales support, while also catering to international markets through exports. The Company has established relationships with various global suppliers and also operates through its subsidiary, Everestt Chillers Private Limited, in which it acquired a 51% stake in January 2025. The subsidiary manufactures customised industrial chillers, glycol chillers, chilled water air conditioners and effluent chillers, complementing FX Multitech’s refrigeration product range. As of July 31, 2026, the Company had 48 employees across sales and marketing, logistics, administration, finance, purchasing, legal and compliance, technical support and other functions.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Diversified Product Portfolio: FX Multitech offers a range of technology and engineering products, allowing it to serve different industrial and commercial requirements.
- Technical Manufacturing Expertise: Manufacturing capabilities and technical know-how support product quality, customization, and efficient order execution.
- Growing Industrial Demand: Increasing adoption of technology-driven equipment and industrial solutions provides opportunities for business expansion.
- Raw Material Price Volatility: Changes in the prices of metals, electronic components, and other inputs may increase production costs and affect margins.
- Customer & Order Dependence: Dependence on specific customers or project orders may lead to fluctuations in revenue and cash flows.
- Intense Competition: Competition from established manufacturers and technology solution providers may create pricing pressure and affect profitability.
- Subhash Agarwal
- Selvaraj Rangaswamy
- Anita Agarwal
- Kanagalakshmi Selvaraj
FX Multitech Limited
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