Maharaja & Speedex India Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹25(13.44%)
Premium (ELP)
The Initial Public Offering of Maharaja & Speedex India Limited's is presently open for subscription , presenting a timely investment occasion. With a total issue size of 43,08,000 Shares, comprising 34,46,400 Shares in fresh capital and ₹16.02 Cr in OFS shares, the IPO has generated considerable request interest.
Investors can presently place their flings within the price range of ₹177 to ₹186, with the minimum operation taking 600 shares. The livesubscription period reflects strong investor confidence in the company's growth prospects and request positioning.
The bidding window remains open until Sep 15, 2026, after which the allotment process will be initiated on Sep 16, 2026. Successful aspirants can anticipate trading inception on Sep 18, 2026 at the BSEexchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
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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- Strong Supplier & Customer Relationships: The company has built long-term relationships with customers and suppliers by providing consistent quality, reliable delivery and responsive service, supporting stable business growth.
- Diversified Product Portfolio: The company offers stainless-steel consumer products across different price ranges, from affordable to premium, catering to a wide range of customer needs and preferences.
- Experienced Management Team: The company has an experienced management team with expertise in manufacturing, operations, product development, sales, marketing and finance, supporting its shift from trading to an integrated manufacturing and distribution business.
- Dependence on Distribution Network: The company relies on its network of offline distributors, e-commerce platforms, website and other digital channels to sell its products. Any disruption in these channels could affect sales, cash flow and financial performance.
- Channel Conflict from OEM & Private-Label Products: The company also manufactures similar products for third parties under OEM and private-label arrangements. This could create competition with its own brands and affect brand positioning and growth.
- Ongoing Legal Proceedings: The company and certain key personnel and subsidiaries are involved in ongoing legal cases. Any unfavorable decision or penalty could increase costs and liabilities and negatively affect the business.
- Rakesh Kumar Aggarwal
- Kusum Aggarwal
- Akash Aggarwal
- Ankit Bansal
- Atul Tulsian
- Rohit Garg
Maharaja & Speedex India Limited
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