FX Multitech Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹110 – ₹116
Lot Size: 1,200 shares
Min. Investment: ₹1,39,200
Total Issue Size: ₹45.24 Cr; 39,00,000 shares
Fresh Issue: ₹41.2 Cr; 35,52,000 shares
Offer for Sale: ₹4.04 Cr; 3,48,000 shares
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 1,08,07,600
Shares Post-Issue: 1,43,59,600

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

Application	Lots	Shares	Amount
Retail	2	2,400	₹2,78,400
Small HNI (S-HNI)	3	3,600	₹4,17,600
Big HNI (B-HNI)	8	9,600	₹11,13,600

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	73.05	61.12	32.66
Total Income	111.9	102.34	68.74
Profit After Tax	11.54	9.64	4.18
EBITDA	19.37	14.17	6.95
Net Worth	37.89	26.35	16.71
Reserves & Surplus	27.08	15.54	16.45
Total Borrowing	18.42	17.32	11.24

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	37.63
ROCE (%)	28.93
EPS (₹)	10.68
P/E (pre-issue)	10.86
P/E (post-issue)	14.43

About FX Multitech Limited

Incorporated in March 2008, FX Multitech Limited is engaged in the distribution and export of a diverse portfolio of products catering primarily to the HVAC (Heating, Ventilation and Air Conditioning) and industrial refrigeration industries. The Company offers a wide range of engineering and refrigeration products, including compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives and automation products, specialized components and tools, heat exchangers, cold room evaporators, refrigerants and ancillary products. It sources products from globally recognized manufacturers and supplies technologically advanced, reliable, energy-efficient and cost-effective solutions for industrial and commercial applications. FX Multitech has a diversified distribution network with its headquarters in Ahmedabad, Gujarat, and warehouses in Hyderabad, Thane, Kolkata and Bangalore. This multi-city presence enables the Company to serve customers across India with timely product delivery, technical support and after-sales service. The Company also exports its products, expanding its presence in international markets. The Company has established relationships with global suppliers, including Danfoss Industries Private Limited, Transfer Oil S.P.A., Quang Thang Mechanics and Refrigeration Company Ltd., KuzuFlex Metal San Ve Tic. A.S., Testo India Pvt. Limited, Refco Manufacturing Limited, US HVAC & Weld Tools and Honeywell Automation India Limited, among others. The Company also has a subsidiary, Everestt Chillers Private Limited (ECPL), in which it acquired a 51% equity stake in January 2025. ECPL manufactures customised industrial chillers, glycol chillers, chilled water air conditioners and effluent chillers, complementing FX Multitech’s existing refrigeration product portfolio. As of July 31, 2026, the Company had a workforce of 48 personnel across sales and marketing, dispatch and logistics, administration, finance, purchase, legal and compliance, technical support and other functions. Competitive Strengths Strong relationships with global suppliers. Wide and established distribution network. Efficient operations and supply chain management. Diversified product portfolio across multiple industries. Strong customer relationships supported by technical expertise.