Maharaja & Speedex India Limited SME IPO Analysis

KITCHENWARE & STAINLESS STEEL | NSE SME

OPEN: 24-SEP-2026 CLOSE: 28-SEP-2026 LISTING: 01-OCT-2026

Maharaja & Speedex India Limited SME IPO worth ₹22.80 Cr is in upcoming pipeline. Listing on NSE SME.

Maharaja & Speedex India manufactures tri-ply stainless steel cookware, insulated casseroles, and small domestic kitchen appliances.

₹95 - 101

PRICE BAND

+₹32

LIVE GMP

—

SUBSCRIPTION

₹22.80 Cr

ISSUE SIZE

₹133

EST. LISTING

Grey Market Valuation (GMP)

All GMP Feeds →

RECORDED PREMIUM (04-Nov-2026)

+₹32

▲ 31.68% estimated listing premium over upper price band

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated sentiment indicator based on dealer communications. Investment decisions should be based on company offer documents (RHP/DRHP).

Issue Timeline & Key Dates

Bidding Schedule

OPENS

24-Sep-2026

CLOSES

28-Sep-2026

ALLOTMENT

29-Sep-2026

REFUNDS

30-Sep-2026

DEMAT CREDIT

30-Sep-2026

LISTING

01-Oct-2026

* All dates are tentative and subject to final exchange & registrar notifications.

Key Issue Parameters

Listing Exchange	NSE SME
Issue Structure	Book Built Issue
Total Issue Size	₹22.80 Cr (2,144,555 Shares)
Fresh Issue	₹22.80 Cr
Offer for Sale (OFS)	0.05 Cr Shares
Face Value	₹10 Per Equity Share
Official Registrar	Link Intime India Private Ltd
Lead Managers	GYR Capital Advisors
Regulatory Filings	View DRHP / RHP

Reservation Quota Breakdown

INVESTOR CATEGORY	SHARES	% OF NET ISSUE	% OF TOTAL
QIB (Institutional)	1,072,278	49.93%	47.43%
• Anchor Portion	643,367	—	28.43%
• QIB (Ex-Anchor)	428,911	—	19.00%
NII (Non-Institutional / HNI)	1,072,278	15.03%	14.28%
• bNII (> ₹10L)	714,852	—	9.52%
• sNII (< ₹10L)	357,426	—	4.76%
Retail Individual (RII)	-1	35.04%	33.28%
Market Maker Quota	112,871	—	5.01%
TOTAL ISSUE	2,257,426	100.00%	100.00%

Lot Size & Capital Allocation

Category	Lots	Shares	Investment Required (₹)
Retail (Min)	1 Lot	1,200 Shares	₹1,21,200
Retail (Max)	1 Lots	1,200 Shares	₹1,21,200
sHNI (Min ₹2L - ₹10L)	2 Lots	2,400 Shares	₹2,42,400
bHNI (Min > ₹10L)	9 Lots	10,800 Shares	₹10,90,800