IPO Synopsis
| Maharaja & Speedex India Ltd |
|---|
| Registered Office: C-5/1 First Floor,Wazirpur Industrial Area,New Delhi-110052, New Delhi |
| Tel. No: NA |
| Fax No: NA |
| Email: apvca@rediffmail.com |
| Website: NA |
| Initial public offer of upto 50,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Maharaja & Speedex India limited ("The Company" or "The Issuer") at an offer price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) for cash,aggregating up to Rs. [*] Crores ("Public Offer") comprising a fresh issue of upto 40,00,000 equity shares of face value of Rs. 10 each aggregating to Rs. [*] Crores (the "Fresh Issue") and an offer for sale of upto 10,00,000 equity shares of face value of Rs. 10 each comprising of [*] equity shares of face value of Rs. 10 each by [*] and upto [*]equity shares of face value of Rs. 10 each by [*] ("the Selling Shareholders" or "Promoter Selling Shareholders") ("Offer For Sale") aggregating to Rs. [*] Crores, out of which [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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 [*] equity shares of face value of Rs. 10 each, at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post- offer paid-up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 10-Sep-2026 | 15-Sep-2026 | ₹177.00 - 186.00 | |
| Minimum Application for shares in Nos : 1200.0 | Further Multiples of :600.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Choice Capital Advisors Private Limited |
| Project Financed through Current Offer | 76.25 | |
| Post Issue Equity Share Capital | 16.35 | |
| Issue Price | 177.00 |
| Projects |
|---|
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company and its subsidiary from banks |
| Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary |
| General Corporate Purposes |
| Promoted By |
|---|
| Rakesh Kumar Aggarwal |
| Kusum Aggarwal |
| Akash Aggarwal |
| Listing At |
|---|
| BSE - SME |
| Registrar To The Issue |
|---|
| Maashitla Securities Pvt Ltd |
