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Open
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Close
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Allotment
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Listing
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Issue Size
50,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 51.85 | 47.67 | 26.94 | 16.24 |
| Total Income | 75.48 | 93.60 | 61.41 | 64.77 |
| Profit After Tax | 8.35 | 5.57 | 1.08 | 0.72 |
| EBITDA | 12.53 | 10.61 | 2.90 | 1.72 |
| NET Worth | 21.87 | 13.52 | 4.97 | 1.86 |
| Reserves and Surplus | 21.86 | 13.51 | 4.96 | 1.85 |
| Total Borrowing | 13.93 | 18.04 | 16.11 | 7.94 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Clay Craft India Ltd. | SME | ₹110.11 Cr | ₹203 | 11.38 | ₹221.55 | +9.14% | ₹170.20 (+3.69%) |
| Riddhi Display Equipments Ltd. | SME | ₹24.68 Cr | ₹100 | 14.91 | ₹76.00 | -24.00% | ₹32.14 (-3.97%) |
| All Time Plastics Ltd. | Mainboard | ₹400.60 Cr | ₹275 | 32.17 | ₹283.30 | +3.02% | ₹220.87 (-1.38%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by the Company and its subsidiary from banks. | 25.05 |
| 2 | Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the wholly-owned subsidiary | 20.38 |
| 3 | General Corporate Purposes | |
| Total | 45.43 |
About Maharaja & Speedex India IPO
The Company was incorporated on February 15, 2006, as “Maharaja Cookers Private Limited” under the Companies Act, 1956, and was initially engaged in trading activities. In 2017, the Company diversified into the trading of stainless-steel bottles, which emerged as a key revenue segment and contributed significantly to its turnover. In Fiscal 2021, Dewdrop Bottles Private Limited, an entity owned by the current Promoters and Directors at that time, commenced manufacturing of stainless-steel products from its facility in Sonipat, Haryana. To consolidate manufacturing operations, the Company acquired Dewdrop Bottles Private Limited as a wholly owned subsidiary pursuant to a Share Purchase Agreement dated January 27, 2025. Further, in Fiscal 2025, the Company acquired Gulika Apparel Private Limited as its wholly owned subsidiary pursuant to a Share Purchase Agreement dated February 4, 2026, which was subsequently rebranded as “Speedex Online Private Limited” to strengthen its online sales and digital distribution capabilities. Maharaja & Speedex India Limited is engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and allied drinkware products, c
Contact Details
Maharaja & Speedex India Ltd. AddressKh. No. 53/27 GT Karnal Road,Village Alipur,Near Alipur Police Station,Alipur, New Delhi, 1100369650589457cs@speedexind.comVisit Website