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FX Multitech Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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FX Multitech Ltd IPO

Registered Office: C907 908 Titanium Square,Thaltej Cr.Road SG Highway , Ahmedabad - 380054 , Gujarat , India.
Phone : 079-4892 5548   Fax:
Email :  complince@fxmultitech.com  
Website :  https://fxmultitech.com
Initial public offer of upto 39,00,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of FX Multitech Limited ("The Company" or "FX Multitech" or "The Offeror") at an offer price of (Rs)116 per equity share for cash, aggregating up to (Rs)45.24 Crores ("Public Offer") comprising of fresh offer of up to 35,52,000 equity shares aggregating to (Rs)41.20 Crores ("Fresh Offer") and an offer for sale of up to 3,48,000 equity shares of face value of (Rs)10/- each (the "Offered Shares") aggregating up to (Rs)4.04 Crores ("Offer For Sale") comprising of 87,000 equity shares aggregating up to (Rs)1.01 Crores each by Subhash Agarwal, Selvaraj Rangaswamy, Anita Agarwal and Kanagalakshmi Selvaraj ("collectively referred to as the promoter selling shareholders"). The offer includes a reservation of up to 1,96,800 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)116 per equity share for cash, aggregating up to (Rs)2.28 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of up to 37,03,200 equity shares of face value of (Rs)10/- each, at an offer price of (Rs)116 per equity share for cash, aggregating upto (Rs)42.96 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute [*]% and [*]% respectively of the post- offer paid-up equity share capital of the company. Price Band: (Rs)116/- per equity share of face value (Rs)10/- each. The floor price is 11.6 times of the face value of the equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-26 23-Sep-26 (Rs)116.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Oneview Corporate Advisors Private Limited
Project Financed through Current Offer 45.24  
Post Issue Equity Share Capital 14.36  
Issue Price (Rs)116.00  
 
Projects
Repayment/pre-payment, in full or part, of certain borrowings availed by its CompanyFunding of working capital requirements
Investment in the company subsidiary namely Everestt Chillers Private Limited for purchase of machineriesGeneral Corporate Purposes
Promoted By
Subhash Agarwal  
Selvaraj Rangaswamy  
Anita Agarwal  
Listing At
BSE - SME 
Registrar to the Issue
MUFG Intime India Pvt Ltd