{"id":260212,"date":"2026-09-22T09:05:32","date_gmt":"2026-09-22T03:35:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=260212"},"modified":"2026-09-22T09:05:32","modified_gmt":"2026-09-22T03:35:32","slug":"fx-multitech-initial-public-offering-day-2-subscription-22-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/","title":{"rendered":"FX Multitech IPO Day 2: Subscription Status on 22 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>FX Multitech IPO Day 2, 22 Sep 2026. Through Day 1 (5:05 PM): NII 1.19x, Retail 0.07x, QIB 0.00x. Price band Rs 110-116. Closes 23 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The FX Multitech IPO is on Day 2 of bidding on 22 September 2026, after a mixed opening day. Through Day 1, the FX Multitech IPO saw non-institutional investors cross full subscription at 1.19 times, while retail stayed thin at 0.07 times and QIB had not yet placed bids. Bidding for the FX Multitech IPO remains open until 23 September 2026, and investors should track the live category wise numbers on BSE through the day.<\/p>\n<\/p><\/div>\n<p>The issue has entered Day 2 of its three day bidding window, which opened on 21 September and closes on 23 September 2026. FX Multitech Limited, an Ahmedabad based distributor and exporter of HVAC and Industrial Refrigeration engineering products, is raising about Rs 45.24 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on the BSE SME platform.<\/p>\n<p>Day 1 bidding for the issue showed an uneven pattern, with non-institutional investors already past full subscription at 1.19 times while retail demand stayed muted at just 0.07 times. With one more session remaining before the 23 September close, retail participation and QIB bids have considerable room to build.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=fx-multitech-ipo-day2\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#FX_Multitech_IPO_Details\" title=\"FX Multitech IPO Details\">FX Multitech IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#FX_Multitech_IPO_Subscription_Status_Day_2\" title=\"FX Multitech IPO Subscription Status Day 2\">FX Multitech IPO Subscription Status Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#How_to_Apply_for_the_FX_Multitech_IPO\" title=\"How to Apply for the FX Multitech IPO\">How to Apply for the FX Multitech IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#What_is_the_FX_Multitech_IPO_subscription_status_on_Day_2\" title=\"What is the FX Multitech IPO subscription status on Day 2?\">What is the FX Multitech IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#When_does_the_FX_Multitech_IPO_close\" title=\"When does the FX Multitech IPO close?\">When does the FX Multitech IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#What_is_the_FX_Multitech_IPO_price_band_and_lot_size\" title=\"What is the FX Multitech IPO price band and lot size?\">What is the FX Multitech IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#Which_category_led_the_FX_Multitech_IPO_on_Day_1\" title=\"Which category led the FX Multitech IPO on Day 1?\">Which category led the FX Multitech IPO on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#What_is_the_FX_Multitech_IPO_GMP\" title=\"What is the FX Multitech IPO GMP?\">What is the FX Multitech IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#How_do_I_apply_for_the_FX_Multitech_IPO\" title=\"How do I apply for the FX Multitech IPO?\">How do I apply for the FX Multitech IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#When_will_the_FX_Multitech_IPO_be_allotted_and_listed\" title=\"When will the FX Multitech IPO be allotted and listed?\">When will the FX Multitech IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#Why_has_retail_demand_for_the_FX_Multitech_IPO_been_muted_so_far\" title=\"Why has retail demand for the FX Multitech IPO been muted so far?\">Why has retail demand for the FX Multitech IPO been muted so far?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#What_is_the_issue_structure_of_the_FX_Multitech_IPO\" title=\"What is the issue structure of the FX Multitech IPO?\">What is the issue structure of the FX Multitech IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\/#What_does_FX_Multitech_Limited_do\" title=\"What does FX Multitech Limited do?\">What does FX Multitech Limited do?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FX_Multitech_IPO_Details\"><\/span><strong>FX Multitech IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>21 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 110 to Rs 116 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>1,200 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 45.24 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue, SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>BSE SME<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>24 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>28 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"FX_Multitech_IPO_Subscription_Status_Day_2\"><\/span><strong>FX Multitech IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Category wise bidding for the issue is updated through the trading session on BSE. The table below shows the position through Day 1 along with the overall figure recorded so far on Day 2.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription Through Day 1 (21 Sep, 5:05 PM)<\/th>\n<th>Overall Subscription So Far (Day 2, 22 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.00 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>1.19 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>0.07 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>Below full subscription<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>Non-institutional investors have driven the demand for the issue so far, while retail bidding has stayed thin. Investors should treat the Day 2 figures as provisional since bidding remains open until the 23 September close.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_FX_Multitech_IPO\"><\/span><strong>How to Apply for the FX Multitech IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 110 to Rs 116 band, with a minimum bid of 2,400 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 23 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue before the 23 September close.<\/em><\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has had a mixed start, with NII already past full subscription while retail lagged through Day 1, and one more session remains before the 23 September close for demand to broaden. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_FX_Multitech_IPO_subscription_status_on_Day_2\"><\/span><strong>What is the FX Multitech IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Through Day 1, the issue saw NII cross full subscription at 1.19 times, while retail stood at just 0.07 times and QIB had not placed bids, and figures for Day 2, 22 September 2026, are updating through today&#8217;s session on BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_FX_Multitech_IPO_close\"><\/span><strong>When does the FX Multitech IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 23 September 2026, having opened on 21 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_FX_Multitech_IPO_price_band_and_lot_size\"><\/span><strong>What is the FX Multitech IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 110 to Rs 116 per share, with a lot size of 1,200 shares, taking the minimum retail investment to about Rs 2,78,400 for two lots.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_FX_Multitech_IPO_on_Day_1\"><\/span><strong>Which category led the FX Multitech IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Non-institutional investors led the issue on Day 1, crossing full subscription at 1.19 times, while retail demand stayed thin at 0.07 times and QIB had not yet placed bids.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_FX_Multitech_IPO_GMP\"><\/span><strong>What is the FX Multitech IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_FX_Multitech_IPO\"><\/span><strong>How do I apply for the FX Multitech IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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 2,400 shares within the Rs 110 to Rs 116 band and approving the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_FX_Multitech_IPO_be_allotted_and_listed\"><\/span><strong>When will the FX Multitech IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 24 September 2026, with listing on the BSE SME platform tentatively scheduled for 28 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_has_retail_demand_for_the_FX_Multitech_IPO_been_muted_so_far\"><\/span><strong>Why has retail demand for the FX Multitech IPO been muted so far?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Retail bidding for the issue has stayed thin through Day 1, which can happen with SME issues even when other categories move faster, and retail participation typically catches up in the final sessions before the 23 September close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_structure_of_the_FX_Multitech_IPO\"><\/span><strong>What is the issue structure of the FX Multitech IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is worth about Rs 45.24 crore, comprising a fresh issue of up to 35.52 lakh shares and an offer for sale of up to 3.48 lakh shares.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_FX_Multitech_Limited_do\"><\/span><strong>What does FX Multitech Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> FX Multitech Limited distributes and exports engineering products for the HVAC and Industrial Refrigeration industries, including compressors, controls, heat exchangers and cold room equipment.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Through Day 1, the issue saw NII cross full subscription at 1.19 times, while retail stood at just 0.07 times and QIB had not placed bids, and figures for Day 2, 22 September 2026, are updating through today's session on BSE.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 23 September 2026, having opened on 21 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 110 to Rs 116 per share, with a lot size of 1,200 shares, taking the minimum retail investment to about Rs 2,78,400 for two lots.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Non-institutional investors led the issue on Day 1, crossing full subscription at 1.19 times, while retail demand stayed thin at 0.07 times and QIB had not yet placed bids.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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 2,400 shares within the Rs 110 to Rs 116 band and approving the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 24 September 2026, with listing on the BSE SME platform tentatively scheduled for 28 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Why has retail demand for the issue been muted so far?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Retail bidding for the issue has stayed thin through Day 1, which can happen with SME issues even when other categories move faster, and retail participation typically catches up in the final sessions before the 23 September close.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue structure of the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue is worth about Rs 45.24 crore, comprising a fresh issue of up to 35.52 lakh shares and an offer for sale of up to 3.48 lakh shares.\"}},{\"@type\":\"Question\",\"name\":\"What does FX Multitech Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"FX Multitech Limited distributes and exports engineering products for the HVAC and Industrial Refrigeration industries, including compressors, controls, heat exchangers and cold room equipment.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 2 Subscription Status 22 Sep 2026\",\"description\":\"The issue Day 2 subscription status on 22 September 2026. Category wise bids, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/fx-multitech-initial-public-offering-day-2-subscription-22-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>FX Multitech IPO Day 2 subscription update for 22 September 2026, with category wise bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":260211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[6187],"class_list":["post-260212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-fx-multitech-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["260211"],"rank_math_title":["FX Multitech IPO Day 2 Subscription Status 22 Sep 2026"],"rank_math_description":["FX Multitech IPO Day 2 subscription status on 22 September 2026. 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