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FX Multitech Ltd. IPO
IPO Timeline
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21 Sep 2026Bidding Starts
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23 Sep 2026Bidding Ends
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24 Sep 2026Allotment Finalization
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28 Sep 2026Listing
About FX Multitech Ltd.
The Company was originally incorporated as a private limited company in the name of “FX Multitech Private Limited” under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated March 27, 2008, issued by Assistant Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Thereafter, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of the Shareholders held on November 27, 2024, and consequently, the name of the Company was changed to FX Multitech Limited by deletion of the word ‘Private’. A fresh Certificate of Incorporation consequent upon conversion from private company to public company dated December 19, 2024, by the Registrar of Companies Central Processing Centre bearing Corporate Identification Number U52100GJ2008PLC053391. The Company 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. Over the years the Company has positioned itself as a reliable partner for industrial and commercial customers by offering technologically advanced products that meet the diverse requirements across the refrigeration and HVAC value chain.
The 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 product strategy is focused on providing a comprehensive range of high-quality products to meet the needs of customers in the HVAC (Heating, Ventilation, and Air Conditioning) and industrial refrigeration sectors. As a distributor, we source and supply technologically advanced products from globally recognized manufacturers, ensuring that the customers receive the solutions for their specific requirements. By offering products that meet international standards of performance, reliability, and energy efficiency, we cater to a broad spectrum of industrial and commercial applications. the emphasis is on providing reliable, energy-efficient, and cost-effective products, allowing the customers to optimize their operations while adhering to industry standards. the ability to source products from global manufacturers allows us to meet the evolving needs of the customers in an ever-changing market, in the HVAC and industrial refrigeration industries.
FX Multitech Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 11,02,800 (28.28%) |
| Market Makers | 1,96,800 (5.05%) |
| Non Institutional Investors | 5,58,000 (14.31%) |
| Qualified Institutional Buyers (QIBs) | 7,44,000 (19.08%) |
| Retail Individual Investors (RIIs) | 12,98,400 (33.29%) |
FX Multitech Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 111.90 Cr | 11.54 Cr | 27.08 Cr |
| 31 Mar 2025 | 102.34 Cr | 9.64 Cr | 15.54 Cr |
| 31 Mar 2024 | 68.74 Cr | 4.18 Cr | 16.45 Cr |
FX Multitech Ltd. Background
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2008The Company was incorporated in the name of ‘Fx Multitech Private Limited’.
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2009Business Takeover of a partnership firm M/s FX Overseas.
Business Takeover of a partnership firm M/s FX Engineering Enterprises.
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2023Slump sale of Tamil Nadu State Business of the Company to M/s Beijer Ref India (South) Private Limited.
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2024Conversion of the company from a Private Limited Company to a Public Limited Company.
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2025Acquisition of 51% equity stake in M/s Everestt Chillers Private Limited making it a Subsidiary to the Company.
The Objects of the issues are:
1) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.
2) Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries.
3) Funding of working capital requirements.
4) General corporate purposes.
The Promoters of the Company are:
1. Mr. Subhash Agarwal.
2. Mr. Selvaraj Rangaswamy.
3. Mrs. Anita Agarwal.
4. Mrs. Kanagalakshmi Selvaraj.
FX Multitech Limited (“FX Multitech” or “the Company”) traces its origins to 1994 as Fx Multitech Engineering, a partnership in Ahmedabad, Gujarat. In March 2008, it was incorporated as Fx Multitech Private Limited, taking has emerged as a leading distributor and ... Read more
Phone no:48925548
FAQs
When does FX Multitech Ltd. IPO opens and closes?
FX Multitech Ltd. IPO opens from 21st September to 23rd September 2026.What is the size of FX Multitech Ltd. IPO?
The size of the FX Multitech Ltd. IPO is ₹45.24 Cr.What is the price range of FX Multitech Ltd. IPO?
The price range of FX Multitech Ltd. IPO is at ₹110 to ₹116 per share.What is the minimum investment and lot size required for the FX Multitech Ltd. IPO?
The minimum investment required is ₹1,39,200 and minimum lot size is 1200 shares.When is FX Multitech Ltd. IPO listing date?
The FX Multitech Ltd. IPO will be listed on 28th September 2026.What is the objective of FX Multitech Ltd. IPO?
The Objects of the issues are: 1) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company.2) Investment in the subsidiary namely Everestt Chillers Private Limited for purchase of machineries.
3) Funding of working capital requirements.
4) General corporate purposes.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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