Maharaja & Speedex India IPO

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Maharaja & Speedex India IPO Details

  • Bidding Date

    10-Sep-2026 to
    15-Sep-2026

  • Issue Size

    ₹80.13 Cr

  • Price Band

    ₹177 to ₹186

  • Allotment date

    16-Sep-2026

  • Listing date

    To be updated

  • Lot size

    600

  • No. of shares

    43,08,000

  • Fresh issue/OFS

    ₹64.1 Cr/₹16.03 Cr

About Maharaja & Speedex India Company

Maharaja & Speedex India, incorporated in February 2006 as Maharaja Cookers and rebranded after diversifying into stainless-steel drinkware in 2017, is a vertically integrated manufacturer and distributor of reusable bottles and allied drinkware that has evolved from trading cookware into a consolidated manufacturing and omnichannel drinkware business. Its core business is designing, manufacturing, branding and distributing stainless-steel bottles, vacuum-insulated bottles, tumblers, feeding bottles, gym shakers and travel mugs across mass, premium and lifestyle price points for retail and institutional customers. The company operates a manufacturing facility in Sonipat, Haryana (via its wholly owned subsidiary Dewdrop Bottles) and supports sales through a pan-India network of over 100 distributors and an e-commerce arm (Speedex Online), while also undertaking OEM and private-label manufacturing for corporate gifting and brand partners. A distinguishing strength is its end-to-end control over the bottle-making process—from SS 304 coil forming, welding and vacuum creation to finishing, colour application and laser engraving—combined with a diversified portfolio that serves both B2C and B2B channels. Its principal customers are general-trade retailers, institutional buyers and corporate/OEM clients, and its engagement approach emphasizes durable, hygienic and reusable product design, consistent quality and broad distribution to address growing consumer and regulatory focus on sustainability and single-use-plastic reduction.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    0.6x

  • Retail

    0.2x

  • Others

    --

  • Total

    0.3x

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Maharaja & Speedex India 177 - 186 10-Sep-2026 to 15-Sep-2026
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FAQs for Maharaja & Speedex India IPO.

The issue size of Maharaja & Speedex India is ₹80.13 Cr.

Maharaja & Speedex India falls into Household & Personal Products industry.

The open and close dates for the Maharaja & Speedex India are 10-Sep-2026 & 15-Sep-2026.

The price band for the Maharaja & Speedex India ipo is ₹177 to ₹186

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Maharaja & Speedex India total subscription ratio is 0.3X.

Key financial of the Maharaja & Speedex India are:


Maharaja & Speedex India FY-25 FY-24 FY-23
Revenue (₹ Cr) 93.51 61.32 64.73
EBIT (₹ Cr) 9.43 2.43 1.47
Proft after Tax (₹ Cr) 5.57 1.08 0.72
Debt (₹ Cr) 18.04 16.11 7.94
Net Worth (₹ Cr) 13.52 4.97 1.86
RoE (%) 41.16 21.71 38.88