FX Multitech IPO

Upcoming SME

Open Sept 21

Close Sept 23

Allotment Sept 24

Refund Sept 25

Listing Sept 28

Market Sentiment

Grey Market Premium What is GMP?

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Subscription Status

View Detailed Information

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Analysis Score

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Score appears once GMP/subscription data is in. Disclaimer.

IPO Details

Face Value	₹10 Per Equity Share
Issue Type	Book build Issue
Lead Manager	Oneview Corporate Advisors Pvt.Ltd.
Registrar	MUFG Intime India Pvt.Ltd.
Listing at	BSE

IPO Reservation

Category	Shares Offered	Shares %
QIB	7,44,000	19.08%
NII (HNI)	5,58,000	14.31%
bNII > ₹10L	3,72,000	9.54%
sNII < ₹10L	1,86,000	4.77%
Retail	12,98,400	33.29%
Total	26,00,400

Financial Analysis

Financial Data

EPS (Pre)

Rs 10.92

ROE

37.63%

ROCE

28.93%

RoNW

31.80%

EBITDA Margin

15.35%

NAV/Share

Rs 35.22

Revenue Growth

9.34%

Profit Margin

10.31%

Financial Performance

Metric	2024	2025	2026
Revenue	68.74	102.34	111.90
Expense	63.12	89.42	96.41
Profit (PAT)	4.18	9.64	11.54
Total Assets	32.66	61.12	73.05

Values in Crores (₹)

Promoters & Holding Pattern

Promoters: Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal, Kanagalakshmi Selvaraj

Strengths & Risks

Strengths

Solid profit margin — 10.3%.
Strong return on equity — 38%.

Risks & Concerns

Risk signals for FX Multitech will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Purpose	Amount (Cr)
Repayment/pre-payment, in full or part, of certain borrowings availed by the Company	10.00
Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries	6.26
Funding of working capital requirements	14.83
General corporate purposes	-

Resources & Documents

Anchor Investors

Anchor Bidding Date

August 18, 2026

IPO Documents

Draft Red Herring Prospectus Red Herring Prospectus

Company Contact Information

C-907 908 Titanium Square, Thaltej Cross Road, Thaltej, Ahmedabad Gujarat

Phone

079-48925548

compliance@fxmultitech.com

Website

https://www.fxmultitech.com/

FX Multitech IPO — Quick Take

FX Multitech is preparing a sme offering. The SME issue is scheduled to open for subscription on September 21, 2026 — 6 days from now.

The issue is promoted by Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal, Kanagalakshmi Selvaraj with Oneview Corporate Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (Rs 10 crore) and Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries (Rs 6 crore).

On fundamentals, the company is posting revenue growth of 9.3%, a profit margin of 10.3%, return on equity of 37.6% in its most recent reported period.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Sept 15, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is generated from live market data and company disclosures aggregated from BSE, NSE, SEBI filings (DRHP / RHP) and the registrar's office. It is informational only and not investment advice. Consult a SEBI-registered advisor before investing. How we recommend »

Frequently Asked Questions

FX Multitech IPO consists of .

FX Multitech IPO opens for subscription on September 21, 2026 and closes on September 23, 2026. Anchor investor bidding is scheduled for August 18, 2026.

The expected allotment date for FX Multitech IPO is September 24, 2026. Refunds for unsuccessful applicants are expected on September 25, 2026.

FX Multitech IPO is scheduled to list on September 28, 2026 on BSE.

The registrar for FX Multitech IPO is MUFG Intime India Pvt.Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for FX Multitech IPO are Oneview Corporate Advisors Pvt.Ltd..

The promoter(s) of FX Multitech are Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal, Kanagalakshmi Selvaraj.

You can apply for FX Multitech SME IPO online before 23 Sept 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for FX Multitech in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

FX Multitech IPO GMP — What It Means

No active grey market premium has been recorded for FX Multitech IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full FX Multitech GMP history and trend, or learn how grey market premium works and how reliable it is.

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