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ClearIPO

Fx Multitech Limited

SME IPO

Open nowSMERisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 21 Sept 2026

Key details

Price band
₹110 to ₹116
Face value
Rs 10
Lot size
1,200 shares
Minimum investment
Rs 1,39,200
Issue size
Rs 45 Cr
Fresh issue
Rs 45 Cr
Retail quota
35%
Exchanges
NSE SME
Opening date
21 Sept 2026
Closing date
23 Sept 2026
Allotment date
24 Sept 2026
Listing date
28 Sept 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

FX Multitech Limited is an engineering product distribution company operating primarily in the heating, ventilation, air conditioning, and industrial refrigeration sector. The company procures its entire product range from third-party manufacturers, relying heavily on a single primary supplier for a major portion of its purchases, and distributes these products across key regional markets. Additionally, it provides technical support, product handling, and associated services through established logistics networks. FX Multitech holds a 51% controlling equity stake in Everestt Chillers Private Limited, an in-house manufacturing subsidiary based in Coimbatore, Tamil Nadu, that produces customized industrial chillers, glycol chillers, chilled-water air conditioners, and effluent chillers. Its revenue is primarily generated through product sales, distribution commissions, and technical service delivery within the industrial refrigeration and engineering components segment.

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    21 Sept 2026

    First day you can apply.

  2. IPO closes

    23 Sept 2026

    Last day to apply, usually by evening.

  3. Allotment

    24 Sept 2026

    Who gets shares is decided.

  4. Refund / unblock

    25 Sept 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    25 Sept 2026

    Allotted shares reach your demat account.

  6. Listing day

    28 Sept 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-21T10:15:11.862Z
Last verified
2026-09-21T10:15:11.862Z
Primary source
bse
Secondary source
Exchange filings
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