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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the FX Multitech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹116
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,39,200
Issue Size
₹45.24 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.06%
QIB Quota
49.87%
NII Quota
15.07%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
72.84%
Issue Type
Book Building - SME
ISIN
INE1D0M01019
We are Ahmedabad based Company engaged in the distribution and export of a comprehensive portfolio of engineering products, with a primary focus on the refrigeration and HVAC (Heating, Ventilation, and Air Conditioning) industries. Over the years we have established ourselves as a reliable partner for industrial and commercial customers by offering technologically advanced products that cater to diverse applications requirements across the refrigeration and HVAC value chain. Our product range includes, but is not limited to, the following broad categories: Compressors. Refrigeration & Air-Conditioning Controls. Industrial Refrigeration Controls. Variable Frequency Drives and Automation. Specialized Components & Tools. Heat Exchangers. Cold Room Evaporators. Refrigerants and Ancillary Products.
The industry in which the Company operates i.e., HVAC & Industrial Refrigeration Industry is emerged as a critical enabler of modern supply chains. No longer viewed as just back-end utility systems, refrigeration today underpins food security, pharmaceutical integrity, chemical processing, and retail logistics. The industry now spans a multidimensional spectrum-ranging from energy-efficient compressor technologies and advanced controls to natural refrigerant adoption, safety compliance, and sustainability-linked retrofits. As global cold-chain and industrial processing infrastructure scales in both volume and technical complexity, refrigeration equipment has transitioned from a support function into a strategic lever for reducing food loss, ensuring product integrity, and achieving ESG-aligned operational efficiency. HVAC and industrial refrigeration have evolved from utility support systems into strategic enablers of food security, pharma integrity, chemical processing, and retail logistics. The industry now spans energy-efficient compressors, advanced controls, natural refrigerants, safety compliance, and sustainability-focused retrofits, positioning refrigeration as central to reducing food loss, ensuring product quality, and advancing ESG goals. In India, the sector is being reshaped by demand for organized food processing, cold-chain infrastructure programs, pharma compliance, and the Kigali-driven refrigerant phase-down. Customers increasingly expect integrated, digital, and energy-efficient solutions with lifecycle service support.
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of upto 39,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of FX Multitech Limited ("The Company" or "FX Multitech" or "The Offeror") at an offer price of Rs. 116 per equity share for cash, aggregating up to Rs. 45.24 Crores ("Public Offer") comprising of fresh offer of up to 35,52,000 equity shares aggregating to Rs. 41.20 Crores ("Fresh Offer") and an offer for sale of up to 3,48,000 equity shares of face value of Rs. 10/- each (the "Offered Shares") aggregating up to Rs. 4.04 Crores ("Offer For Sale") comprising of 87,000 equity shares aggregating up to Rs. 1.01 Crores each by Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal and Kanagalakshmi Selvaraj ("collectively referred to as the promoter selling shareholders"). The offer includes a reservation of up to 1,96,800 equity shares of face value of Rs.10/- each, at an offer price of Rs. 116 per equity share for cash, aggregating up to Rs. 2.28 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 37,03,200 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 116 per equity share for cash, aggregating upto Rs. 42.96 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.16% and 25.79% respectively of the post- offer paid-up equity share capital of the company. Price Band: Rs. 116/- per equity share of face value Rs. 10/- each. The floor price is 11.6 times of the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was incorporated on March 27, 2008 as `FX Multitech Private Limited' which further converted on December 19, 2024 as `FX Multitech Limited', a public limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 19, 2024 issued by the Registrar of Companies, Central Processing Centre.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.