FX Multitech IPO Listing Gains
| IPO Listing Date | September 25, 2026 |
| BSE Code | 544941 |
| ISIN Code | INE1D0M01019 |
| Offer Price | ₹110 to ₹116 |
| Face Value | ₹10 |
| Listing Price | ₹123.05 |
Details About FX Multitech IPO
FX Multitech received SEBI approval for an IPO of ₹45.24 crores via an IPO that comprises a fresh issue of ₹41.20 crores and offer for sale up to 3,48,000 equity shares with face value of ₹10 each. The price band was ₹110 to ₹116 per share.
In the FX Multitech IPO, 2400 shares were offered in 2 lot sizes for the retail minimum and maximum categories.
- The S-HNI category offered 3600 shares in 3 lot sizes.
- The S-HNI category offered 8400 shares in 7 lot sizes.
- The B-HNI Minimum category offered 9600 shares in 8 lot sizes.
To invest in the FX Multitech IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,78,400.
- S-HNI (Min): Minimum investment of ₹4,17,600.
- S-HNI (Max): Minimum investment of ₹9,74,400.
- B-HNI Minimum: Minimum investment of ₹11,13,600.
FX Multitech IPO’s Subscription Duration
The opening date of the FX Multitech IPO was September 21, 2026, and the closing date was September 23, 2026. The allotment date of the FX Multitech IPO was September 24, 2026, and the investors will receive a refund on September 25, 2026. FX Multitech is set to be listed on September 28, 2026.
Funds Deployment of This Company
- Repayment/pre-payment, in full or part, of certain borrowings availed by the Company
- Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries
- Funding of working capital requirements
- General corporate purposes
About FX Multitech Company
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.
