FX Multitech Shares List At ₹123.05 On BSE SME, 6.08% Above IPO Price

Mumbai, September 28, 2026: Shares of FX Multitech made their debut on the BSE SME platform at ₹123.05 per share on Monday, September 28, 2026. The listing price was ₹7.05, or 6.08%, above the company’s final IPO price of ₹116 per share.

The listing followed a 12.88-times subscription to the ₹45.24 crore public issue, which comprised a fresh issue and an offer for sale.

FX Multitech Shares List At ₹123.05

FX Multitech shares opened for trading at ₹123.05 on the BSE SME, compared with the IPO issue price of ₹116.

The listing price represented a premium of 6.08% over the issue price. The IPO had a price band of ₹110–₹116 per share, with the final issue price fixed at the upper end of the band.

The company had offered 39 lakh shares through the issue, including 35.52 lakh shares through the fresh issue and 3.48 lakh shares through the offer for sale.

₹45.24 Crore IPO Received 12.88 Times Subscription

The FX Multitech IPO received 12.88 times overall subscription at the close of bidding on September 23, 2026.

The QIB portion, excluding the anchor allocation, was subscribed 20.85 times, while the NII category received 26.08 times subscription. The retail portion was subscribed 12.26 times.

The final basis of allotment showed 4,77,07,200 shares applied for against 37,03,200 shares offered across the public investor categories.

NII Subscription Reached 26.08 Times

Demand in the NII category was led by the portion for applications above ₹10 lakh, which was subscribed 29.82 times. The portion for applications below ₹10 lakh received 18.59 times subscription.

The QIB category had 18,46,800 shares, including 11,02,800 shares allotted to anchor investors. The QIB portion excluding anchor investors stood at 7,44,000 shares.

Retail investors were offered 12,98,400 shares, while the NII category had 5,58,000 shares.

Fresh Issue Accounted For ₹41.20 Crore

The ₹45.24 crore issue included a fresh issue of 35.52 lakh shares worth ₹41.20 crore. The offer for sale comprised 3.48 lakh shares aggregating ₹4.04 crore.

The fresh issue brings capital into the company, while proceeds from an OFS are received by the existing shareholders selling their shares.

The company had fixed the minimum application lot at 1,200 shares. At the upper end of the price band, the retail application requirement was ₹2,78,400 for 2,400 shares, as specified in the IPO details.

FX Multitech Listing Follows Strong Final-Day Demand

The IPO’s subscription accelerated during the final day of bidding, taking the overall subscription figure to 12.88 times. The QIB, NII and retail categories all closed above their respective shares offered.

With the stock listing at ₹123.05, investors saw the company’s shares begin trading 6.08% above the ₹116 issue price on the BSE SME platform.

Conclusion

FX Multitech shares began their market journey at ₹123.05 on September 28, 2026, marking a 6.08% premium to the ₹116 IPO price. The listing came after the ₹45.24 crore IPO was subscribed 12.88 times, with the NII category recording 26.08 times subscription, followed by QIBs excluding anchors at 20.85 times and retail investors at 12.26 times.

Source:

• https://www.bseindia.com/stock-share-price/fx-multitech-ltd/fxml/544941