MUMBAI, 15 September 2026 — For Maharaja & Speedex India, the key IPO variables are the ₹177–₹186 per equity share band, the 10 September 2026 to 15 September 2026 application window and the issue structure disclosed by the exchanges. CapKet’s source check was completed at 17:30 IST on 15 September 2026.
Maharaja & Speedex India IPO facts
| Issue status | Live on the exchange calendar at the check time |
|---|---|
| Platform | BSE SME — SME |
| Bid dates | 10 September 2026 to 15 September 2026 |
| Price band | ₹177–₹186 per equity share |
| Face value | ₹10 per equity share |
| Bid lot | 600 shares |
| Minimum application | 1,200 shares; ₹223,200 at the top of the price band |
| Issue size | Up to 4,308,000 shares, aggregating up to about ₹80.13 crore |
| Issue structure | Fresh issue and offer for sale |
| Lead manager | Choice Capital Advisors Private Limited |
| Registrar | Maashitla Securities Private Limited |
Maharaja & Speedex India business context
Maharaja & Speedex India traces its corporate history to Maharaja Cookers and operates in the consumer-products and kitchen-appliance field. Its draft filing records a fresh issue alongside promoter sales. Brand arrangements, distributor dependence, product warranties and raw-material procurement are therefore company-specific diligence areas.
The disclosed split is 3,446,400 new shares and 861,600 OFS shares. At the stated upper band, the minimum 1,200-share application equals ₹223,200. Readers should use the RHP to identify how much of the fresh proceeds goes to capacity, working capital or other purposes, while treating the OFS portion separately because it does not finance Maharaja & Speedex operations.
Reading this appliance offer
The Maharaja & Speedex India range runs from ₹177 to ₹186. Multiplying those prices by the 1,200 shares shown for a minimum bid produces ₹212,400 at the bottom and ₹223,200 at the top. That calculation is the cash-application exposure; it is not a forecast of the share’s value after listing.
Two different transactions
This deal contains both newly issued equity and shares sold by existing holders. Only the new-share portion can fund the objects stated in the prospectus. The seller portion changes ownership and its consideration goes to those shareholders. Anyone reviewing this kitchen-appliance issuer should keep the two flows separate when judging dilution, funding available to the business and promoter selling.
Operating questions behind the brand
Consumer-appliance demand can move with festivals, distributor stocking and product launches. A useful review therefore connects revenue with channel inventory, warranty provisions, returns, supplier concentration and the working capital needed to place products before cash is collected. The prospectus—not brand familiarity—should establish the company’s rights to names, designs or arrangements that are important to sales.
What to verify before bidding
Confirm the final prospectus, any exchange corrigendum and the intermediary cut-off for this BSE SME — SME offer. Compare the stated use of fresh proceeds with the latest borrowings and capacity plan, then read the selling-shareholder table for the OFS. The named lead manager is Choice Capital Advisors Private Limited; official application or allotment status should be checked through Maashitla Securities Private Limited.
Reporting basis: CapKet independently transcribed the exchange terms and calculated the bid amounts. This issuer may change its offer through a formal notice, shares can list below the issue price, and allotment is not assured. This report excludes grey-market premiums and is news and education—not investment, legal or tax advice.