FX Multitech IPO Details
FX Multitech IPO Market Lot
The FX Multitech IPO minimum market lot is [.] shares with ā¹[.] application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 11,02,800 Shares | 28.28% |
| QIB (Ex. Anchor) | 7,44,000 Shares | 19.08% |
| NII Shares Offered | 5,58,000 Shares | 14.31% |
| Retail Shares Offered | 12,98,400 Shares | 33.29% |
FX Multitech IPO Anchor Investors
| Anchor Bidding Date | August 18, 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
FX Multitech IPO Dates
The FX Multitech IPO date is September 21 and the close date is September 23. The FX Multitech IPO allotment will be finalized on September 24 and the IPO listing on September 28.
| IPO Open Date: | September 21, 2026 |
| IPO Close Date: | September 23, 2026 |
| Basis of Allotment: | September 24, 2026 |
| Refunds: | September 25, 2026 |
| Credit to Demat Account: | September 25, 2026 |
| IPO Listing Date: | September 28, 2026 |
Promoters and Holding Pattern
The promoters of the company are Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal and Kanagalakshmi Selvaraj.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 1,08,07,600 | 100% | – | -% |
| Others* | – | -% | – | -% |
| Total | 1,08,07,600 | 100% | – | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| Repayment/pre-payment, in full or part, of certain borrowings availed by the Company | ā¹10.00 |
| Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries | ā¹6.26 |
| Funding of working capital requirements | ā¹14.83 |
| General corporate purposes | ā¹- |
About FX Multitech
Since its foundation in March 2008, FX Multitech has mainly sold and distributed various types of products used in HVAC (Heating, Ventilation, and Air Conditioning) and industrial refrigeration industries. The firm provides a wide range of engineering and refrigeration products, including compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives and automation products, specialized components and tools, heat exchangers, cold room evaporators, refrigerants and ancillary products.
FX Multitech sources its products from various global suppliers and has a diversified distribution network with its headquarters in Ahmedabad, Gujarat, and warehouses in Hyderabad, Thane, Kolkata and Bangalore. Moreover, the firm is also exporting its products, trying to expand its presence in international markets.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹68.74 | ā¹63.12 | ā¹4.18 | ā¹32.66 |
| 2025 | ā¹102.34 | ā¹89.42 | ā¹9.64 | ā¹61.12 |
| 2026 | ā¹111.90 | ā¹96.41 | ā¹11.54 | ā¹73.05 |
Company Valuation – FY2026
Check FX Multitech IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 37.63% |
| ROCE: | 28.93% |
| EBITDA Margin: | 15.35% |
| PAT Margin: | 9.60% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ā¹10.92 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 31.80% |
| Net Asset Value (NAV): | ā¹35.22 |
Peer Group Comparison
- There are no listed companies in India.
IPO Lead Managers aka Merchant Bankers
- Oneview Corporate Advisors Pvt. Ltd.
Company Address
FX Multitech Ltd.
C-907
908 Titanium Square,
Thaltej Cross Road, Thaltej,
Ahmedabad, Gujarat, 380054
Phone: 079-48925548
Email: compliance@fxmultitech.com
Website: https://www.fxmultitech.com/
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: 022-49186000
Email: fxmultitech.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
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Note: The FX Multitech IPO price band and date are officially announced. The (FX Multitech IPO grey market premium) will be added to the IPO GMP page as it will start).