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FX Multitech IPO Subscription Status Day 1: Issue Subscribed 0.29 Times
Authored By HDFC SKY | Last Modified: Sep 21, 2026 06:24 PM IST
FX Multitech IPO Day 1 subscription status showed NII at 1.19x, Retail at 0.07x and QIB at 0.00x as of September 21, 2026.

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Mumbai, September 21: FX Multitech IPO opened for subscription on September 21, 2026, and will remain open until September 23. The bookbuilding issue comprises a fresh issue of 35.52 lakh shares aggregating up to ₹41.20 crore and an offer for sale of 3.48 lakh shares aggregating up to ₹4.04 crore. The total issue size is ₹45.24 crore. The price band has been fixed at ₹110 to ₹116 per share. The lot size is 1,200 shares, while retail investors need to apply for a minimum of two lots, or 2,400 shares. At the upper price band, the minimum retail investment is ₹2,78,400.
FX Multitech IPO Day 1 Subscription Status
As of 5:05 PM on September 21, 2026, the cumulative subscription data showed the NII category subscribed 1.19 times. The Retail category was subscribed 0.07 times, while QIB demand stood at 0.00 times, excluding the anchor portion. The overall public issue was subscribed 0.29 times.
| Subscription Category | Shares Offered | Shares Bid For | Subscription |
| QIB (Ex Anchor) | 7,44,000 | 0 | 0.00x |
| NII/HNI | 5,58,000 | 6,66,000 | 1.19x |
| Retail | 12,98,400 | 86,400 | 0.07x |
| Total Public Categories | 26,00,400 | 7,52,400 | 0.29x |
The subscription data is based on the IPO status update recorded at 5:05:56 PM on September 21, 2026.
Category-wise FX Multitech IPO Subscription Status
| Category | Shares Offered/Reserved | Shares Bid For | Subscription |
| Anchor | 11,02,800 | 11,02,800 | 1.00x |
| QIB (Ex Anchor) | 7,44,000 | 0 | 0.00x |
| NII/HNI | 5,58,000 | 6,66,000 | 1.19x |
| bNII (>₹10L) | 3,71,200 | 6,44,400 | 1.74x |
| sNII (<₹10L) | 1,86,000 | 21,600 | 0.12x |
| Retail | 12,98,400 | 86,400 | 0.07x |
| Total Public Categories | 26,00,400 | 7,52,400 | 0.29x |
The anchor allocation is shown separately and is not included in the public subscription total. The QIB subscription figure excludes the anchor portion.
FX Multitech Day-Wise Subscription Summary
The available exchange data records the cumulative subscription position for Day 1 as of September 21, 2026.
| Date | QIB (Ex Anchor) | NII | bNII (>₹10L) | sNII (<₹10L) | Retail | Total |
| September 21, 2026 (Day 1) | 0.00x | 1.19x | 1.74x | 0.12x | 0.07x | 0.29x |
FX Multitech IPO Timeline
| IPO Milestone | Date |
| Issue Open Date | September 21, 2026 |
| Issue Close Date | September 23, 2026 |
| Basis of Allotment Date | September 24, 2026 |
| Initiation of Refunds | September 25, 2026 |
| Credit of Shares | September 25, 2026 |
| Listing Date | September 28, 2026 |
Brief Overview Of The FX Multitech IPO
FX Multitech IPO is a ₹45.24 crore bookbuilding issue comprising a fresh issue of 35.52 lakh shares and an offer for sale of 3.48 lakh shares. The IPO opened for subscription on September 21, 2026, and will close on September 23, 2026. The price band is ₹110 to ₹116 per share, with a lot size of 1,200 shares. Retail investors need to apply for a minimum of two lots, or 2,400 shares, requiring ₹2,78,400 at the upper price band. FX Multitech Limited is engaged in the distribution and export of products primarily catering to the HVAC and industrial refrigeration industries. Its product portfolio includes compressors, refrigeration and air-conditioning controls, industrial refrigeration controls, variable frequency drives and automation products, specialised components and tools, heat exchangers, cold-room evaporators, refrigerants and ancillary products. The IPO is proposed to list on the BSE SME platform, with September 28, 2026, as the tentative listing date. Oneview Corporate Advisors Pvt. Ltd. is the book running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar to the issue.
Source:
- https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4831&type=IPO&idtype=1&status=L&IPONo=7980&startdt=21/09/2026
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