FX Multitech IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |

FX Multitech IPO Logo

FX Multitech Ltd has filed a Draft Red Herring Prospectus (DRHP) with the exchange on December 31, 2025 to raise funds through Initial Public Offer (IPO).

FX Multitech Ltd IPO is a Book Build Issue of 0.39 crore equity shares consisting of a fresh issue of upto 0.36 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.

The equity shares are proposed to be listed on the BSE SME. Oneview Corporate Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to FX Multitech IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE SME

Total Issue Size39,00,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 35,52,000 shares
(agg. up to ₹[.] Cr)
Offer for Sale3,48,000 shares of ₹10
(agg. up to ₹[.] Cr)
Share Holding Pre Issue1,08,07,600 shares
Share Holding Post Issue1,43,59,600 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeWed, Dec 31, 2025

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Offer
Retail Shares Offered Not less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer

About FX Multitech Ltd

Incorporated in 2008, FX Multitech Limited is engaged in the distribution and export of a diverse portfolio of products, primarily catering to the HVAC (Heating, Ventilation, and Air Conditioning) and Industrial Refrigeration Industry.

The company in the manufacturing and trading sector, focusing on delivering specialized products and solutions tailored to industrial, commercial, and infrastructure-related customer requirements.

As a distributor, the company source and supply technologically advanced products from globally recognized manufacturers, ensuring that the customers receive the best solutions for their specific requirements.

The company emphasizes quality control, efficient production processes, and timely delivery, catering to diverse client needs while maintaining compliance with industry standards and evolving market expectations.

FX Multitech Limited aims to strengthen its market presence through operational efficiency, product diversification, and long-term customer relationships, supporting sustainable growth in competitive domestic and international markets.

Product Portfolio:

  • Compressors
  • Refrigeration & Air-Conditioning Controls
  • Industrial Refrigeration Controls
  • Variable Frequency Drives and Automation
  • Refrigerants and Ancillary Products

Competitive Strengths:

  • Relationship with global supplier
  • Wide and Established Distribution Network
  • Diversified product portfolio across multiple Industries
  • Customer relationships led by Technical Expertise
  • Efficient Operations and Supply Chain Management

Company Financials (Restated Standalone)

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets65.9961.1032.6636.09
Total Income23.57102.3268.7498.80
Profit After Tax2.219.624.184.58
EBITDA3.3214.076.957.49
NET Worth28.6726.3316.7112.53
Reserves and Surplus17.7315.5216.4512.27
Total Borrowing17.9617.3211.2411.86
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/pre-payment, in full or part, of certain borrowings availed by the Company 10.00
2 Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries; 6.26
3 Funding of working capital requirements 14.83
4 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE44.71%
ROCE32.02%
RoNW36.54%
PAT Margin9.45%
EBITDA Margin13.82%
Pre IPOPost IPO
Promoter Holding79.75%
Mr. Subhash Agarwal, Mr. Selvaraj Rangaswamy, Mrs. Anita Agarwal and Mrs. Kanagalakshmi Selvaraj are the promoters of the company.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

FX Multitech Ltd Address
C-907,
908 Titanium Square,
Thaltej Cross Road, Thaltej,
Ahmedabad, Gujarat, 380054
Open an Instant Account with Zerodha

IPO FAQs

FX Multitech IPO is a SME IPO of 39,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The FX Multitech IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in FX Multitech IPO using UPI as a payment gateway. Zerodha customers can apply in FX Multitech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in FX Multitech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'FX Multitech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The FX Multitech IPO dates are not announced. Please check back again after some time.

FX Multitech IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in FX Multitech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for FX Multitech IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the FX Multitech IPO allotment status.

The FX Multitech IPO listing date is not yet announced. The tentative date of listing is .

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