About Maharaja & Speedex India Ltd IPO
Maharaja And Speedex India IPO
The Maharaja and Speedex India IPO provides an opportunity to participate in the proposed public offering of Maharaja & Speedex India Limited, a drinkware manufacturing and distribution company focused on stainless-steel bottles and allied drinkware products.
About Maharaja And Speedex India Limited
Maharaja & Speedex India Limited was incorporated in 2006 and is headquartered in Delhi. The Company is engaged in the manufacturing, branding, marketing and distribution of stainless-steel and value-added drinkware products, serving both retail consumers and institutional customers across India.
The Company’s product portfolio comprises stainless-steel bottles, vacuum-insulated bottles, feeding bottles, tumblers, shakers, travel mugs and other specialized drinkware products. Its products are offered across multiple price points and consumer segments, including mass, premium and lifestyle categories. The Company markets products under its own brands, “Speedex” and “Dewdrop”, and also undertakes OEM and private-label manufacturing for corporate, institutional and commercial customers.
The Company operates an integrated, asset-backed business model, with its manufacturing operations undertaken primarily through its wholly owned subsidiary, Dewdrop Bottles Private Limited. The subsidiary operates two manufacturing facilities in Sonipat, Haryana, with an installed production capacity of approximately 45.24 lakh units per annum and manufactures 223 SKUs across various drinkware categories.
The Company serves both business-to-consumer (B2C) and business-to-business (B2B) markets. Its OEM and private-label capabilities enable it to offer customized drinkware products for corporate gifting programmes, institutional buyers and brand partners, in addition to its branded product offerings.
The Company has established a pan-India distribution network comprising 101 distributors across 17 states and 2 Union Territories, supported by modern trade and online sales channels. To strengthen its online sales and digital distribution capabilities, the Company acquired Gulika Apparel Private Limited as a wholly owned subsidiary in 2026, which was subsequently rebranded as Speedex Online Private Limited.
The Company has progressively expanded its product portfolio from standard stainless-steel bottles to value-added and specialized drinkware products, in line with changing consumer preferences towards durable, reusable and stainless-steel alternatives to plastic-based products.
As at March 31, 2026, the Company and its wholly owned subsidiary had a combined workforce of 431 full-time employees.
Maharaja And Speedex India IPO The Maharaja and Speedex India IPO provides an opportunity to participate in the proposed public offering of Maharaja & Speedex India Limited, a drinkware manufacturing and distribution company focused on stainless-steel bottles and allied drinkware products. About Maharaja And Speedex India Limited Maharaja & Speedex India Limited was incorporate
Maharaja And Speedex IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 21,54,000 crores |
| Non-Institutional Investors (NIIs) | 15% | 6,46,200 crores |
| Retail Individual Investors (RIIs) | 35% | 15,07,800 crores |
Maharaja And Speedex IPO Strengths & Weaknesses
Manufacturing facilities in Sonipat, Haryana, supported by in-house manufacturing, finishing, quality control and distribution capabilities.
Wide range of stainless-steel products across mass, premium and lifestyle segments, catering to varied consumer preferences.
Long-standing relationships with customers and suppliers, supported by product quality, reliable delivery and responsive service.
Leadership with expertise across manufacturing, operations, product development, sales, marketing, finance and supply chain management.
Maharaja And Speedex IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 16 Sep '26 | 18 Sep '26 | 17 Sep '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 43,08,000 shares (aggregating up to To be announced) |
| Fresh Issue | 3,23,040 shares (aggregating up to ₹32,30,400 crores) |
| Offer for Sale | 86,160 shares of ₹10 (aggregating up to ₹8,61,600 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 100 shares |
| Post-Issue Shareholding | 100 shares |
Maharaja And Speedex IPO Lot Size and Investment Details
| Minimum Lot Size | 600 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of Maharaja And Speedex ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Maharaja And Speedex IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Maharaja And Speedex IPO Contact & Registrar Details
Contact Details
Address
Kh No 53/27 G T Karnal Road Village Alipur Near Alipur Police Station New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
Maharaja And Speedex Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Choice Capital Advisors Pvt Ltd |