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HomeIPOFX Multitech

About FX Multitech

Incorporated in March 2008, FX Multitech Limited is involved in the distribution and exporting business of various products primarily used in the Heating, Ventilation and Air Conditioning (HVAC) and industrial refrigeration sectors. The Company provides a variety of engineering and refrigeration products which include compressors, refrigeration and air conditioning controls, industrial refrigeration controls, variable frequency drives and automation products, specialised components and tools, heat exchangers, cold room evaporators, refrigerants and auxiliary products. The Company sources its products from various world renowned manufacturers and provides technologically advanced, reliable, energy efficient and economical solutions for industrial and commercial applications. The Company has a diversified distribution channel having its head office located at Ahmedabad, Gujarat and warehousing facility at Hyderabad, Thane, Kolkata and Bangalore. This makes the Company well placed to cater to customers across India with prompt delivery and after-sales support. As on July 31, 2026, the manpower strength of the Company stood at 48 individuals.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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FX Multitech

FX Multitech

Open Date

Sep 21, 2026

Close Date

Sep 23, 2026

listed

Min Investment

₹2,78,400

Lot Size

1200 Shares

Issue Size

₹45.24 Cr

Price Range

₹110 - ₹110

Listing Date

Sep 28, 2026

IPO Doc

RHP PDF

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹6(+5.60%)GMP
2.59%Prediction Listing Gain

Grey Market Premium (GMP) Trend

FX Multitech IPO - Issue Objectives

The company will utilise ₹10 crore for repayment of outstanding borrowings The company will utilise ₹14.83 crore to fund working capital requirements. The company will utilise ₹6.25 crore to invest in ECPL for machinery purchases. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowings

24.3%

Working capital

36.1%

Investment in subsidiary

15.2%

General corporate purposes

24.1%

1

Repayment of borrowings

The company will utilise ₹10 crore for repayment of outstanding borrowings

24.30%
2

Working capital

The company will utilise ₹14.83 crore to fund working capital requirements.

36.10%
3

Investment in subsidiary

The company will utilise ₹6.25 crore to invest in ECPL for machinery purchases.

15.20%
4

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

24.10%

IPO Subscription Status

QIB
20.95x
NII
26.34x
Individual
12.31x
Total
17.79x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of FX Multitech

In Cr.

Contact Details

FX Multitech

C-907, 908 Titanium Square, Thaltej Cross Road, Thaltej, Ahmedabad, Gujarat, 380054

07948925548
compliance@fxmultitech.com
https://www.fxmultitech.com/

FX Multitech IPO - FAQs

FX Multitech IPO is a SME IPO. The issue is priced at 110-₹116. The minimum order quantity is 1200 Shares. The IPO opens on 21 Sep, and closes on 23 Sep. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-09-19
  • Bidding Starts2026-09-21
  • Bidding Ends2026-09-23
  • Allotment Finalisation2026-09-24
  • Release of Funds2026-09-25
  • Demat Transfer2026-09-25
  • Listing2026-09-28