FX Multitech IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.01 | 20.95 |
| NII | 1.19 | 1.29 | 25.98 |
| RII | 0.07 | 0.20 | 12.31 |
| Total | 0.29 | 0.38 | 17.72 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The FX Multitech IPO minimum market lot is 2400 shares with ₹2,78,400 application amount. The FX Multitech IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
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.
FX Multitech IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
FX Multitech IPO Review and Rating
- May Apply For Long-term View
FX Multitech IPO Form
How to apply for the FX Multitech IPO? You can apply for FX Multitech IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the FX Multitech IPO in the Invest section. The other option is you can apply for FX Multitech IPO via IPO forms downloaded online. Check out the FX Multitech forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.