FX Multitech
28 Sep '26SME
Min. Investment
₹2,64,000
Issue size
₹45.24 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
21 Sep
Opening
23 Sep
Closing
28 Sep
Listing
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,78,400 |
Subscription (as on 20 September 2026, 05:50 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2024|MD: Mr Subhash Agrawal
- FX Multitech Limited is a distributor and exporter of products for the HVAC (heating, ventilation, and air conditioning) and industrial refrigeration industries. Its product portfolio includes compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives and automation products, specialised components and tools, heat exchangers, cold room evaporators, refrigerants and ancillary products.
- The company sources products from manufacturers and supplies them to industrial and commercial customers in India and overseas. Its suppliers include Danfoss Industries Private Limited, Transfer Oil S.P.A., Quang Thang Mechanics and Refrigeration Company Ltd, KuzuFlex Metal San Ve Tic. A.S., Testo India Pvt. Limited, Refco Manufacturing Limited, US HVAC & Weld Tools, and Honeywell Automation India Ltd., among others.
- The company is headquartered in Ahmedabad, Gujarat, and has warehouses in Hyderabad, Thane, Kolkata, and Bangalore. Its subsidiary, Everestt Chillers Private Limited, manufactures customised industrial chillers, glycol chillers, chill water air conditioners, and effluent chillers.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹110 to 116
Face value
₹10 per share
Financials
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of FX Multitech IPO is ₹45.24 Cr
The FX Multitech IPO will be open for applications from 21 Sep '26 to 23 Sep '26
The lot size of FX Multitech IPO is 1200 Shares and its minimum investment amount is ₹2,64,000.
