
FX Multitech Ltd IPO
Last updated:
FX Multitech Ltd IPO Price Range is ₹110 - ₹116, with a minimum investment of ₹2,78,400 for 2400 shares per lot.
Minimum Investment
₹2,78,400
/ 2400 shares
IPO Status
Pre-application open
Price Band
₹110 - ₹116
Bidding Dates
Sep 21, 2026 - Sep 23, 2026
Issue Size
₹45.24 Cr
Lot Size
1200 shares
Min Investment
₹2,78,400
Listing Exchange
BSE
FX Multitech Ltd IPO Application Timeline
Strengths and Risks
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.
Experienced management team.
Risks
The Company is highly dependent on a single supplier for a significant portion of its purchases, and anydisruption in this relationship could adversely affect the companys business, results of operations and financial condition.
The companys revenue from operations has varied in recent periods, and its may be unable to sustain or manage the companysgrowth, 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 companys customers choose not to sourcetheir requirements from the company, it would lead to financial instability and operational uncertainty and the companys businessand financial conditions may be adversely affected.
The companys inability to collect receivables from its customers, or any default in payment by them, could adverselyaffect the company profitability, cash flows, and financial condition.
Any delays or cost escalations in the proposed purchase of plant and machinery for the companys subsidiary could affectthe implementation schedule and deployment of the Net Proceeds.
The company has contingent liabilities that have not been provided for in its financials which ifmaterialized, could adversely affect the companys financial condition.
Certain procedural lapses occurred in relation to past allotments of equity shares by the Company, includingreceipt of a portion of consideration in cash and discrepancies in regulatory filings. Any regulatory action inrelation to such matters may adversely affect the Company.
There are certain discrepancies and non-compliances noticed in some of the companys corporate records relating to formsfiled with the Registrar of Companies, taxation authorities and other public authorities. Any penalty or actiontaken by any regulatory authorities in future for non- compliance with provisions of all applicable law couldimpact on the financial position of the Company to that extent.
The company generates its major portion of revenue from the company operations in certain geographical regions. Any adversedevelopments affecting its operations in these regions could have an adverse impact on the companys revenue and resultsof operations.
The companys Promoter does not have prior experience in the HVAC and Industrial Refrigeration industry, whichmay adversely affect its business.
How to Apply for FX Multitech Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on FX Multitech Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.