IPO Snapshot
 
Maharaja & Speedex India Ltd.
Issue Open Date 10-Sep-26  
Issue Closing Date 15-Sep-26  
Application Money 100  
Allotment Money  
Price Band 177 - 186  
Minimium Application No. 1200  
Issue Size (Shares) 4308000  
Market Lot 1  
Objective
1. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company and its subsidiary from banks; 2.Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of our wholly-owned subsidiary; and 3.General Corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
Maharaja & Speedex India Limited (the “Company”) is a drinkware manufacturing and distribution company focused on stainless-steel bottles and allied drinkware products, catering to both retail consumers and institutional customers across India. The Company is engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and value-added drinkware products, with a diversified portfolio designed to address evolving consumer preferences for durable, hygienic and reusable drinkware solutions. The Company’s product portfolio is broadly classified into Standard Products and Novelty Products. Standard Products include stainless steel bottles catering to routine usage, while Novelty Products comprise tumblers, feeding bottles and gym shakers, designed to meet evolving consumer preferences. These products are offered across multiple price points and consumer segments including mass, premium and lifestyle categories, enabling the Company to cater to a broad customer base. Over the past few years, the Company has expanded its product mix to include value-added and specialized drinkware products, reflecting growing consumer awareness around health, sustainability and the shift from plastic-based products to stainless-steel alternatives. In addition to its branded product offerings, the Company undertakes original equipment manufacturing (OEM) and private-label manufacturing, providing customized drinkware solutions for corporate gifting programs, institutional buyers and brand partners. These capabilities enable the Company to serve both business-to-consumer (“B2C”) and business-to-business (“B2B”) markets, while building long-term relationships with distributors, retailers and institutional clients.
Promoter's Holding
Total Share Capital   11917523  
Offered to Public   5000000  
Promoter's Holding (Pre-Issue)   92.39  
Promoter's Holding (Post-Issue)    
Address
Kh. No. 53/27 G T Karnal Road Village
Alipur
Near Alipur Police Station

New Delhi ,
Delhi ,
110036
Phone : 9650589457
Email : cs@speedexind.com
Website : https://speedexind.com
Registrar
Maashitla Securities Pvt Ltd.
451
Krishna Apra Business
Square
Netaji Subhash Place

Pitampura
New Delhi
Listed at
BSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Akash Aggarwal
Ankit Bansal
Atul Tulsian
Kusum Aggarwal
Rakesh Kumar Aggarwal
Rohit Garg