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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.

FX Multitech IPO Subscription Status Day 1

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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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