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Issue Open Date
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10-Sep-26
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Issue Closing Date
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15-Sep-26
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Application Money
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100
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Allotment Money
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Price Band
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177
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186
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Minimium Application No.
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1200
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Issue Size (Shares)
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4308000
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Market Lot
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1
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Objective
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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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.
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Promoter's Holding
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Total Share Capital
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11917523
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Offered to Public
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5000000
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Promoter's Holding (Pre-Issue)
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92.39
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Promoter's Holding (Post-Issue)
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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
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Registrar |
Maashitla Securities Pvt Ltd.
451 Krishna Apra Business Square Netaji Subhash Place Pitampura New Delhi
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Listed at |
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BSE
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Lead Manager |
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Choice Capital Advisors Pvt Ltd
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Promoters |
Akash Aggarwal Ankit Bansal Atul Tulsian Kusum Aggarwal Rakesh Kumar Aggarwal Rohit Garg
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