FX Multitech Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

FX Multitech Ltd IPO

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.

FX Multitech Ltd IPO Details

Total Shares Offered

₹ 39,00,000

Offer to Public

3,48,000

Retail Max (Shares)

₹ 12,98,400

Pre Issue Promoters Holding

₹ 1,08,07,600

Exchange

BSE

Issue size

₹ 45.24 Cr

IPO Open Date

Sep 21, 2026

Close Date

Sep 23, 2026

Lot Size

2400

Min Investment

₹ 2,64,000

Issue Type

Book Building - SME

Listing Date

Sep 28, 2026

FX Multitech Ltd IPO Dates

Sep 21, 2026

Opening date

Sep 23, 2026

Closing date

Sep 24, 2026

Basis of Allotment

Sep 25, 2026

Initiation of Refunds

Sep 25, 2026

Credit of Shares

Sep 28, 2026

Listing date

Details

Sector	Type
Sector	Trading
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	8.44x	1846800	15590400
NII	26.34x	558000	14695200
Retail	12.31x	1298400	15984000
Employee	0x	0	0
Total	11.86x	3900000	46269600

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

8.44x

26.34x

12.31x

11.86x

1846800

558000

1298400

3900000

15590400

14695200

15984000

46269600

FX Multitech Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	126.14	102.01	5.72
EBITDA	15.70	13.10	5.82
PAT	11.54	9.64	4.18
Total Assets	65.98	57.31	31.94
Share Capital	10.81	10.81	0.26
Total Borrowings	21.23	20.35	15.28
Operating Activities (Net Cash)	11.65	9.73	4.28
Investing Activities (Net Cash)	1.77	1.79	0.00
Financing Activities (Net Cash)	21.23	20.35	15.28
Net Cashflow	0.11	0.01	0.10

About FX Multitech Ltd

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.

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.

Peer Comparison:

No listed in Industry Peers

FX Multitech Ltd Key Points

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.

Risk

The Company is highly dependent on a single supplier for a significant portion of its purchases, and any disruption in this relationship could adversely affect the company's business, results of operations and financial condition.

The company's revenue from operations has varied in recent periods, and its may be unable to sustain or manage the company's growth, which could adversely affect its business and results of operations.

The company does not have any long-term agreements with any of its customers. If the company's customers choose not to source their requirements from the company, it would lead to financial instability and operational uncertainty and the company's business and financial conditions may be adversely affected.

Strategy

Expansion into Value-Added Technical Solutions.

Backward Integration & local assembly.

Strengthening and expanding distribution network.

Enhancing operational efficiencies through technology.

Strategic partnerships with global manufacturers.

How To Apply for FX Multitech Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the FX Multitech Ltd IPO?

FX Multitech Ltd's IPO offers shares for up to 41.2 It begins on Sep 21, 2026 and ends on Sep 23, 2026.

What is the price of the FX Multitech Ltd IPO?

The price of FX Multitech Ltd IPO ranges between ₹110 to ₹116 per share.

What are the open and close dates for the FX Multitech Ltd IPO?

The FX Multitech Ltd IPO opens on Sep 21, 2026 and closes on Sep 23, 2026.

When will the FX Multitech Ltd IPO be allotted?

The allotment for the FX Multitech Ltd IPO will be finalised on Sep 24, 2026. The shares will be listed on BSE and NSE on Sep 28, 2026.

What is the minimum lot size required for FX Multitech Ltd IPO?

The minimum lot size for FX Multitech Ltd IPO is 2400 shares, priced between ₹110 to ₹116 per share.

What is the GMP of FX Multitech Ltd IPO?

The GMP (Grey Market Premium) of FX Multitech Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of FX Multitech Ltd IPO?

To check the allotment status of FX Multitech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the FX Multitech Ltd IPO getting listed?

The FX Multitech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 21, 2026, and closes on Sep 23, 2026. The allotment is finalised on Sep 24, 2026.

How do you apply for the FX Multitech Ltd IPO?

To apply for the FX Multitech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.