Maharaja Speedex IPO Day 3: Subscription Closes Today, 15 September 2026
- September 15, 2026
- Posted by: Harsh Piplani
- Category: IPO
Maharaja Speedex IPO closes today, 15 Sep 2026. Subscribed around 0.55x so far. Price band Rs 177-186. Lists on BSE SME.
Quick Answer
The Maharaja Speedex IPO is on its final day of bidding on 15 September 2026, with the subscription window closing today. The issue is running at around 0.55 times overall as bidding continues, still below full subscription. With bidding open until the end of today’s session, and QIB bids on SME issues sometimes arriving in the final hours, the closing figure for the Maharaja Speedex IPO could move further before the deadline.
Maharaja & Speedex India Limited, a stainless-steel bottles and drinkware manufacturer, has reached the final day of its IPO subscription window today, 15 September 2026. The Maharaja Speedex IPO opened on 10 September and is a book built SME issue worth about Rs 80.13 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on the BSE SME platform.
Demand for the issue has stayed below full subscription through the window, running at around 0.55 times as bidding continues today. With qualified institutional buyers holding up to 50 percent of the net offer, any late institutional bids in the final hours could add meaningfully to the closing figure.
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Maharaja Speedex IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 10 September 2026 |
| Close Date | 15 September 2026 |
| Price Band | Rs 177 to Rs 186 per share |
| Lot Size | 600 shares (minimum bid 1,200 shares) |
| Issue Size | Rs 80.13 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 16 September 2026 |
| Listing Date | 18 September 2026 |
Maharaja Speedex IPO Subscription Status Day 3
Category wise QIB, NII and retail figures for the issue are updated through the BSE portal during today’s closing session. The table below reflects the current position ahead of the deadline.
| Investor Category | Subscription Status, Closing Day (15 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Updating through the session |
| Non-Institutional Investors (NII) | Updating through the session |
| Retail Individual Investors | Updating through the session |
| Overall | Around 0.55 times |
The issue remains below full subscription ahead of today’s deadline, with the final numbers to be confirmed once bidding closes on BSE. Investors should check the live numbers for the latest position.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Maharaja Speedex IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 177 to Rs 186 band, with a minimum bid of 1,200 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the Maharaja & Speedex India IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with subscription still below full book at around 0.55 times, leaving the final hours as the key window for demand to build. Investors should review the company financials and SME liquidity risks in the RHP on bseindia.com before applying to the issue.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Maharaja Speedex IPO subscription status on Day 3?
Ans. On the closing day, 15 September 2026, the issue is running at around 0.55 times overall, still below full subscription, with figures updating through today’s final session.
When does the Maharaja Speedex IPO close?
Ans. The issue closes for subscription today, 15 September 2026, having opened on 10 September 2026.
What is the Maharaja Speedex IPO price band and lot size?
Ans. The issue price band is Rs 177 to Rs 186 per share, with a lot size of 600 shares, taking the minimum investment to about Rs 2,23,200 for two lots.
Why has the Maharaja Speedex IPO seen muted subscription?
Ans. Subscription for the issue has stayed below full book through the window, which can happen with SME issues where institutional bids sometimes arrive only in the final hours before the deadline.
What is the Maharaja Speedex IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Maharaja Speedex IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid with a minimum of 1,200 shares and approving the UPI mandate before today’s cut off.
When will the Maharaja Speedex IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 16 September 2026, with listing on the BSE SME platform tentatively scheduled for 18 September 2026.
What is the reservation split in the Maharaja Speedex IPO?
Ans. The issue reserves not more than 50 percent of the net offer for qualified institutional buyers, with the balance split between non-institutional and retail individual investors.
What does Maharaja & Speedex India Limited do?
Ans. Maharaja & Speedex India Limited manufactures, brands and distributes stainless steel bottles, tumblers, feeding bottles and gym shakers under its Speedex and Dewdrop brands.
