Maharaja and Speedex
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Subscription
- Qualified institutionalQIB
- 48.82×
- Big non-institutionalbNII · above ₹10 lakh
- 44.60×
- Small non-institutionalsNII · ₹2–10 lakh
- 31.79×
- Retail individualRII · up to ₹2 lakh
- 19.65×
Bids received
The demand behind each multiple — what was offered, what was bid for, and what those bids are worth
| Category | Shares offered | Shares bid for | Bids (₹ Cr) | Times |
|---|---|---|---|---|
| Qualified institutional | 8,18,400 | 3,99,58,200 | ₹743 Cr | 48.82× |
| Non-institutional | 6,13,800 | 2,47,48,800 | ₹460 Cr | 40.32× |
| Big non-institutionalwithin NII | 4,08,600 | 1,82,25,000 | ₹339 Cr | 44.60× |
| Small non-institutionalwithin NII | 2,05,200 | 65,23,800 | ₹121 Cr | 31.79× |
| Retail individual | 14,32,800 | 2,81,49,600 | ₹524 Cr | 19.65× |
| Total | 28,65,000 | 9,28,56,600 | ₹1,727 Cr | 32.41× |
Times subscribed is the figure published for each category, not shares bid for divided by shares offered — a category's multiple is struck against its own allottable base, which is not always the offered count shown beside it. Observed 15 Sep, 05:10 pm IST; the registrar publishes the final basis of allotment.
Issue details
- IPO date
- 10 Sep 2026 – 15 Sep 2026
- Listing date
- 18 Sep 2026
- Face value
- ₹10 per share
- Price band
- ₹177 – ₹186
- Issue price
- ₹186 per share
- Lot size
- 600 shares
- Sale type
- Fresh capital cum OFS
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹80.13 Cr
- Fresh issue
- ₹60.09 Cr 32,30,400 shares
- Offer for sale
- ₹16.03 Cr 8,61,600 shares
- Market cap at offer price
- ₹304 Cr
- Promoter holding
- 87.69% → 63.93% pre-issue → post-issue
- ISIN
- INE0SVD01012
- CIN
- U28997DL2006PLC146383
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead managers
- Choice Capital Advisors Pvt.Ltd.
- Registered office
- Kh. No. 53/27 GT Karnal Road Village Alipur, Near Alipur Police Station, New Delhi – 110 036, India
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| QIB | 8,18,400 | 28.57% | 26.56% |
| Anchor investor · within QIB | 12,27,000 | — | 39.82% |
| NII (HNI) | 6,13,800 | 21.42% | 19.92% |
| bNII > ₹10L · within NII | 4,08,600 | — | 13.26% |
| sNII < ₹10L · within NII | 2,05,200 | — | 6.66% |
| Retail (RII) | 14,32,800 | 50.01% | 46.50% |
| Employee | 0 | — | 0.00% |
| Market maker | 2,16,000 | — | 7.01% |
| Total issue | 30,81,000 | — | 100.00% |
Net offer to the public of 28,65,000 shares, out of a total issue of 30,81,000. Indented rows sit inside the category above them and are not added to it.
Application size
Minimum 600 shares per lot, in multiples, at ₹186
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 600 | ₹1,11,600 |
| S-HNI (min) | 2 | 1,200 | ₹2,23,200 |
| S-HNI (max) | 8 | 4,800 | ₹8,92,800 |
| B-HNI (min) | 9 | 5,400 | ₹10,04,400 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 11.89 | 9.39 |
| P/E (×) | 15.64 | 19.81 |
| Price to book (×) | 8.97 | — |
| Market cap | — | ₹304 Cr |
Key performance indicators
- Return on net worth
- 80.47%
- ROCE
- 54.60%
- Debt / equity
- 0.92
- PAT margin
- 12.51%
- EBITDA margin
- 18.36%
- NAV per share
- ₹20.73
- Price to book
- 8.97
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
Company financials
| Period ended | FY26 | FY25 | FY24 |
|---|---|---|---|
| Profit and loss | |||
| Total income | 122.74 | 93.6 | 61.41 |
| Revenue from operations | 122.65 | 93.51 | 61.32 |
| Other income | 0.09 | 0.1 | 0.09 |
| Total expenses | 103.55 | 86.11 | 59.96 |
| Operating profit | 19.19 | 7.49 | 1.45 |
| Operating margin | 15.63% | 8.00% | 2.36% |
| Profit before tax | 19.19 | 7.49 | 1.45 |
| Profit after tax | 15.34 | 5.57 | 1.08 |
| PAT margin | 12.50% | 5.95% | 1.76% |
| Balance sheet | |||
| Total assets | 81.98 | 47.67 | 26.94 |
| Current assets | 65.46 | 40.71 | 22.69 |
| Current liabilities | 48.82 | 26.78 | 17.19 |
| Total liabilities | 53.11 | 34.15 | 21.97 |
| Net worth | 28.86 | 13.52 | 4.97 |
| Current ratio | 1.34× | 1.52× | 1.32× |
| Return on equity | 53.15% | 41.20% | 21.73% |
| Cash flow | |||
| Operating cash flow | 3.66 | 2.05 | 2.13 |
| Investing cash flow | -11.61 | -1.65 | -2.68 |
| Financing cash flow | 7.23 | 0.04 | 0.81 |
| Net cash flow | -0.72 | 0.44 | 0.26 |
Objects of the issue
1 Repayment and/or pre-payment of certain borrowings availed by the Company and its subsidiary from banks ₹24.10 Cr
The company proposes to utilize funds towards repayment and/or prepayment, in full or in part, of certain outstanding borrowings availed by the company and its subsidiary, including any accrued interest thereon.
2 Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of wholly-owned subsidiary ₹21.42 Cr
The company proposes to utilize funds towards capital expenditure for the purchase of plant and machinery at the existing manufacturing facility of its wholly owned subsidiary to expand manufacturing capacity.
3 General Corporate Purposes —
The company proposes to deploy the balance net proceeds towards general corporate purposes including funding strategic initiatives, growth opportunities, working capital requirements, and other corporate contingencies.
1 of 3 objects carry no stated amount — typically general corporate purposes, funded from whatever remains — so the total above is the quantified portion only, not the whole issue.
About Maharaja and Speedex
Maharaja & Speedex India Limited was originally incorporated as Maharaja Cookers Private Limited on February 15, 2006, and rebranded to include its Speedex brand in February 2024. It converted to a public limited company in January 2026. The company manufactures stainless-steel consumer products including single and double wall bottles, pressure cookers, feeding bottles, insulated steel bottles and vacuum flasks. The company operates through two revenue streams: branded business under its own brands and OEM/private-label manufacturing for third parties. Revenue for FY2026 was ₹12,265.38 lakhs, with OEM/private-label representing 54.87% and branded business 41.81%. The company sells through both offline distribution (90.09% of revenue in FY2026) via approximately 101 distributors and online channels including e-commerce marketplaces and its own website. Manufacturing operations are located in Sonipat, Haryana.
Management
Rakesh Kumar Aggarwal
MD
Akash Aggarwal
CEO
Rohit Garg
Director
Kusum Aggarwal
Director
Asha K Sharma
Director
Subhash Chand Gupta
Director
Ankit Bansal
CFO
Mansee Agarwal
Director of Operations
Atul Tulsian
COO
Strengths
As stated in the offer document
Long-standing relationships with suppliers and customers
The company has developed stable relationships with trusted vendors and enduring relationships with institutional customers over extended periods, supporting revenue stability and creating long-term growth opportunities.
Integrated Manufacturing and Distribution Capabilities
The company operates two manufacturing units with installed capacity of approximately 62,82,000 units per annum and leverages a Pan-India distributor network comprising 101 distributors across 17 states and 2 union territories.
Diversified product portfolio across price segments
The company offers a diversified portfolio of stainless-steel consumer products across multiple price points, ranging from mass market offerings to premium products, reducing reliance on any single product category.
Seasoned Management Team with Complementary Expertise
The company is led by a seasoned management team with the Managing Director bringing more than 19 years of experience in the kitchenware and stainless-steel products industry, supporting disciplined execution and operational efficiency.
Risk factors
As stated in the offer document
Supplier Concentration Risk
The company sources a significant portion of raw materials from a limited number of suppliers, with top 10 suppliers contributing 87.38% of total purchases in Fiscal 2026. Any disruption in supply or deterioration of relationships could materially disrupt the supply chain and affect operations.
Customer Concentration Risk
The company derives substantial revenue from key customers, with top 10 customers contributing 48.70% of revenue in Fiscal 2026. Loss of key customers or delays in orders may adversely impact business operations and financial performance.
Distribution Network Dependency
The company is dependent on a network of about 101 distributors across India for 90.09% of revenue from offline sales in Fiscal 2026. Any disruption in the distribution network could adversely affect sales performance and market penetration.
Leased Premises Risk
The company does not own any operational premises and operates entirely from leased properties including manufacturing units and registered office. Termination or non-renewal of lease agreements could disrupt operations and require costly relocation.
Geographic Revenue Concentration
Revenue is concentrated in certain states with Delhi (21.50%), Haryana (18.31%), Maharashtra (17.20%) and Uttar Pradesh (9.72%) contributing significant portions in Fiscal 2026. Adverse developments in these regions could materially affect business performance.
Inventory Management and Demand Forecasting Risk
The company's inventory turnover days increased from 62 days in Fiscal 2024 to 150 days in Fiscal 2026. Inability to accurately forecast demand may result in surplus stock, cash flow issues, and adverse effects on operations.
Manufacturing Capacity Under-utilization Risk
Manufacturing capacity utilization was 88.41% in Fiscal 2026. Under-utilization due to supply disruptions, labor issues, or demand decline could result in operational inefficiencies and increased per-unit costs affecting financial performance.
Regulatory Compliance and Legal Proceedings Risk
The company and promoters are involved in legal proceedings with aggregate amount of ₹230.79 lakhs. There have been instances of procedural non-compliances and delays in ROC filings that may expose the company to regulatory actions and penalties.
Negative Cash Flow from Investing Activities
The company experienced negative cash flows from investing activities of ₹1,160.50 lakhs, ₹164.64 lakhs and ₹267.81 lakhs for Fiscal 2026, 2025 and 2024 respectively. Sustained negative cash flows could adversely impact business operations and growth plans.
Indebtedness and Financial Covenant Risk
As of August 14, 2026, the company had total outstanding borrowings of ₹2,800.51 lakhs including ₹390.08 lakhs in recallable unsecured loans from promoters. Inability to comply with repayment covenants could adversely affect business and financial condition.
Company Analysis
from RHPMaharaja & Speedex India Limited manufactures stainless-steel kitchenware and household products including water bottles, pressure cookers, and vacuum flasks, operating through both branded and OEM/private-label business models.
Maharaja & Speedex India Limited was originally incorporated as Maharaja Cookers Private Limited on February 15, 2006, and rebranded to include its Speedex brand in February 2024. It converted to a public limited company in January 2026. The company manufactures stainless-steel consumer products including single and double wall bottles, pressure cookers, feeding bottles, insulated steel bottles and vacuum flasks. The company operates through two revenue streams: branded business under its own brands and OEM/private-label manufacturing for third parties. Revenue for FY2026 was ₹12,265.38 lakhs, with OEM/private-label representing 54.87% and branded business 41.81%. The company sells through both offline distribution (90.09% of revenue in FY2026) via approximately 101 distributors and online channels including e-commerce marketplaces and its own website. Manufacturing operations are located in Sonipat, Haryana.
Objects of the Issue
- Not specified in this part - Objects of the Offer section begins on page 94 p.7
- Repayment and/or pre-payment, in full or in part, of certain borrowings availed by our Company and its subsidiary from banks ₹2,410.43 lakhs p.103
- Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of our wholly-owned subsidiary ₹2,141.58 lakhs p.48
- General corporate purposes [●] p.102
- Repayment of borrowings ₹2,410.43 lakhs p.104
- Funding of capital expenditure towards purchase of plant and machineries at the existing manufacturing facility of the Company's wholly-owned subsidiary ₹2,141.58 lakhs p.106
- General corporate purposes Up to ₹[●] lakhs (not exceeding 15% of Gross Proceeds or ₹1,000 lakhs whichever is lower) p.111
- Capital expenditure for purchase of plant and machinery for manufacturing capacity expansion at existing manufacturing units of subsidiary ₹2,141.58 lakhs p.183
- Not disclosed in this part of the document
- Capex for new manufacturing units and expansion p.324
- General corporate purposes p.324
Issue Structure
- Total Issue
- Up to ₹[●] lakhs (43,08,000 equity shares of face value of ₹10 each)
- Fresh Issue
- Up to ₹[●] lakhs (34,46,400 equity shares of face value of ₹10 each)
- Offer for Sale
- Up to ₹[●] lakhs (8,61,600 equity shares of face value of ₹10 each; 4,30,800 shares by Rakesh Kumar Aggarwal and 4,30,800 shares by Akash Aggarwal)
- Price Band
- Price Band to be decided - Floor Price: ₹[●] and Cap Price: ₹[●]
- Lot Size
- [●] equity shares and multiples thereafter
- Face Value
- ₹10 per equity share
Business Model
The company generates revenue through two main models: (1) Branded Business - manufacturing and selling stainless-steel kitchen and household products under its own brands through a network of distributors and online channels; (2) OEM/Private-Label Business - manufacturing stainless-steel consumer products for third-party customers under their brands and private-label arrangements. Distribution is primarily through offline general trade (90.09% of FY2026 revenue) and online sales including e-commerce marketplaces (9.91% of FY2026 revenue).
Business Segments
SWOT Analysis
- • Established presence across 17 States and 2 Union Territories(p.34)
- • Diversified revenue model combining OEM/private label and branded business(p.34)
- • Multi-channel distribution including offline and online platforms(p.33)
- • Revenue growth trajectory over three fiscal years(p.33)
- • Improved capacity utilization in recent period(p.39)
- • Integrated manufacturing setup with end-to-end production control(p.116)
- • Diversified stainless-steel product portfolio across multiple price segments(p.116)
- • Significant capacity expansion completed in FY2026 with room for further growth(p.106)
- • Strong profitability and return metrics in recent years(p.119)
- • Experienced management team with complementary expertise(p.116)
- • Strong quality control and regulatory compliance focus(p.116)
- • Long-standing relationships with suppliers and customers providing stability and competitive advantage(p.182)
- • Integrated manufacturing and distribution with pan-India network of 101 distributors(p.182)
- • Diversified product portfolio across multiple price segments and consumer categories(p.183)
- • Seasoned management team with extensive industry experience(p.183)
- • Asset-backed integrated manufacturing model with in-house capabilities and control over quality(p.177)
- • Diversified product portfolio across multiple price segments and consumer categories(p.286)
- • Shift to in-house manufacturing via subsidiaries enabling backward integration(p.297)
- • Strong revenue growth trajectory with 31.17% increase in FY2026(p.295)
- • Significant improvement in profitability with 175.66% increase in net profit in FY2026(p.295)
- • Expanded digital presence through acquisition of online distribution subsidiary(p.297)
- • High return on net worth of 80.47% demonstrating efficient capital deployment(p.282)
- • Established brand portfolio with multiple registered trademarks(p.315)
- • ISO 9001:2015 certification demonstrating quality management(p.310)
- • Material subsidiary with multiple regulatory approvals and operations(p.317)
- • High supplier concentration with top supplier representing 23.56% of purchases(p.30)
- • Significant customer concentration with top 10 customers at 48.70% of revenue(p.32)
- • Geographic revenue concentration in four key states(p.34)
- • All manufacturing and office premises are leased, not owned(p.34)
- • Negative cash flows from investing activities(p.41)
- • High inventory levels and extended turnover days(p.40)
- • History of procedural non-compliances and delayed RoC filings(p.40)
- • Outstanding promoter tax litigation with ₹230.79 lakhs exposure(p.37)
- • Dependence on related-party transactions without assurance of favorable terms(p.48)
- • Net Proceeds deployment not independently appraised; risk of cost overruns and delays(p.48)
- • No finalized vendors or purchase orders for proposed machinery; procurement delays risk(p.48)
- • Restricted flexibility in varying Net Proceeds utilization without shareholder approval(p.49)
- • Regulatory and licensing approvals required; risk of suspension or revocation(p.49)
- • Logo transition creating brand confusion and inventory management risks(p.49)
- • Unsecured recallable promoter loans create liquidity risk(p.50)
- • Risk of penalties for non-payment of statutory dues(p.50)
- • High concentration of revenue from top 10 customers(p.116)
- • Significant working capital requirements(p.119)
- • Short operational history with manufacturing facilities(p.106)
- • Leased manufacturing facilities without ownership(p.105)
- • High supplier concentration with limited number of stainless steel vendors(p.186)
- • Top 10 customers account for 48.70% of revenue, indicating customer concentration risk(p.182)
- • High net working capital days at 116 days indicating working capital management challenges(p.173)
- • Reliance on leased manufacturing facilities rather than owned assets(p.186)
- • High dependence on related party funding with unsecured loans from promoters(p.283)
- • Significant financial indebtedness with total borrowings of ₹2,666.33 lakhs as of March 31, 2026(p.300)
- • High working capital requirements with 116 days net working capital cycle(p.287)
- • Limited financial track record with company in manufacturing mode only since FY2025(p.297)
- • Restrictive covenants limiting business flexibility and requiring lender approval for capital deployment(p.284)
- • Contingent liability of ₹68.47 lakhs for claims not acknowledged as debt(p.300)
- • Heavy concentration of revenue among top customers(p.302)
- • Increasing customer concentration over time(p.302)
- • Promoter facing direct tax liability(p.307)
- • Elevated debt-to-equity ratio(p.302)
- • Outstanding dues to multiple creditors(p.307)
- • Growth in organized kitchenware segment driven by premiumization(p.43)
- • Expansion of e-commerce and online distribution channels(p.33)
- • Opportunity to expand product portfolio and market presence(p.45)
- • Potential for backward integration in manufacturing(p.44)
- • Opportunity to diversify supplier base and reduce concentration risk(p.31)
- • Repayment of bank borrowings to reduce interest burden and improve financial structure(p.102)
- • Capital expansion through purchase of plant and machinery at existing facilities(p.49)
- • Enhanced brand visibility and market presence through public listing(p.101)
- • Expansion of manufacturing capacity with planned capex(p.106)
- • Strong growth in Indian kitchenware industry(p.150)
- • Rising demand for stainless steel products in kitchenware(p.155)
- • Growing market shift toward branded and organized players(p.150)
- • Strong e-commerce and modern retail channel expansion(p.161)
- • Growing premiumization and consumer demand for quality products(p.150)
- • Capacity expansion planned to increase installed capacity by 44.03% from 62.82 million to 90.48 million units annually(p.183)
- • Growing consumer shift from plastic to stainless steel drinkware reflecting sustainability trends(p.176)
- • Indian stainless steel kitchenware market projected to grow from INR 227 billion in FY 2025 to INR 266 billion in FY 2027E(p.178)
- • Expanding e-commerce and modern retail channels providing distribution growth opportunities(p.168)
- • Product innovation and premiumization trend with consumer preference for high-quality materials(p.178)
- • Growing consumer preference for durable, hygienic and reusable drinkware solutions(p.286)
- • Expansion of online sales channels with digital presence enhancement(p.297)
- • Increased installed manufacturing capacity enabling higher production volumes(p.295)
- • Continued expansion through OEM business channel accounting for 54.87% of revenue(p.288)
- • Market opportunity in institutional customer segments beyond retail consumers(p.286)
- • Capacity expansion through Dewdrop Bottles subsidiary(p.317)
- • Migration to main board platform post-listing(p.344)
- • Expansion into new product categories(p.315)
- • Stainless steel raw material price volatility and supply disruption risks(p.30)
- • Intense competition from organized and unorganized players(p.43)
- • Dependency on third-party transportation and logistics providers(p.38)
- • Risk of counterfeit products harming brand reputation(p.46)
- • Exposure to operational hazards and regulatory compliance risks(p.44)
- • Equipment failure and natural disaster risks at manufacturing facility(p.45)
- • Changes in consumer preferences and product market trends(p.44)
- • Foreign exchange fluctuations impacting revenue and profitability(p.56)
- • Economic slowdown and global market volatility affecting demand(p.57)
- • Natural disasters and pandemic outbreaks causing operational disruption(p.57)
- • Rising inflation reducing operating margins if prices cannot be increased proportionally(p.58)
- • Competitive law enforcement creating compliance risk and penalties(p.58)
- • Global financial instability and trade tensions affecting Indian markets(p.59)
- • Adverse changes in Indian tax laws reducing profitability(p.60)
- • Machinery price escalations due to supply chain disruptions and FX volatility(p.48)
- • Intense competition from unorganized and informal manufacturers(p.150)
- • Commodity price volatility affecting input costs(p.163)
- • Exposure to global macroeconomic uncertainties and geopolitical risks(p.143)
- • Import competition from established players(p.164)
- • Dependence on leased manufacturing facilities with replacement risk(p.105)
- • Raw material price volatility in stainless steel and aluminium impacting production costs and margins(p.166)
- • Intense competition from low-cost imports particularly from China affecting mass-market segment(p.166)
- • High market fragmentation and competition from unorganized sector suppressing prices and margins(p.166)
- • Supply chain disruptions and logistics challenges affecting production and delivery timelines(p.166)
- • Rising sustainability expectations requiring additional investment in eco-friendly materials and processes(p.166)
- • Regulatory compliance requirements including BIS standards, FSSAI food safety regulations, and PWM rules increasing operational complexity(p.167)
- • Intense competition in drinkware manufacturing and distribution industry(p.301)
- • Vulnerability to inflation affecting wages and input costs(p.300)
- • Restrictive debt covenants requiring minimum tangible net worth maintenance(p.285)
- • Dependence on bank credit facilities vulnerable to credit market conditions(p.283)
- • Risk of commodity price volatility affecting raw material costs(p.294)
- • Material litigation risk with contingent liabilities disclosed in financial statements(p.300)
- • Competitive industry environment with intensifying competition(p.302)
- • Regulatory requirements for maintaining material statutory permits(p.302)
- • Reliance on environmental compliance certifications(p.318)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Rakesh Kumar Aggarwal | Promoter/Promoter Selling Shareholder | — | — |
| Kusum Aggarwal | Promoter | — | — |
| Akash Aggarwal | Promoter/Promoter Selling Shareholder | — | — |
| Ankit Bansal | Promoter | — | — |
| Atul Tulsian | Promoter | — | — |
| Rohit Garg | Promoter | — | — |
| Rakesh Kumar Aggarwal | Promoter/Chairman & Managing Director | 24.75% | [●] |
| Akash Aggarwal | Promoter/Executive Director | 16.49% | [●] |
| Rohit Garg | Promoter/Executive Director | 13.12% | [●] |
| Ankit Bansal | Promoter | 9.35% | [●] |
| Atul Tulsian | Promoter | 4.35% | [●] |
| Kusum Aggarwal | Promoter/Non-Executive Director | 4.62% | [●] |
| Akash Aggarwal | Promoter | — | — |
| Rohit Garg | Promoter | — | — |
| Versha Aggarwal | Promoter | — | — |
| Ankit Bansal | Promoter | — | — |
| Gaurav Tulsian | Promoter | — | — |
| Rakesh Kumar Aggarwal | Promoter | 24.75% | — |
| Akash Aggarwal | Promoter | 16.49% | — |
| Rohit Garg | Promoter | 13.12% | — |
| Kusum Aggarwal | Promoter | 4.62% | — |
| Rakesh Kumar Aggarwal | Promoter | 24.75% | — |
| Akash Aggarwal | Promoter | 16.49% | — |
| Rohit Garg | Promoter | 13.12% | — |
| Kusum Aggarwal | Promoter | 4.62% | — |
| Ankit Bansal | Promoter | 9.35% | — |
| Atul Tulsian | Promoter | 4.35% | — |
| Rakesh Kumar Aggarwal | Promoter Selling Shareholder | 31,92,258 shares (₹10 face value each) | — |
| Akash Aggarwal | Promoter Selling Shareholder | 21,27,326 shares (₹10 face value each) | — |
| Rakesh Kumar Aggarwal | Promoter Selling Shareholder | — | — |
| Akash Aggarwal | Promoter Selling Shareholder | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.
Peer comparison
| Company | EPS | NAV | P/E | P/BV | RoNW |
|---|---|---|---|---|---|
| Maharaja & Speedex India Ltd. THIS ISSUE | 11.89 | 20.73 | 19.81, computed at the offer price | 8.97, computed at the offer price | 80.47% |
| 6.24 | 74.12 | 38.23 | — | 9.30% | |
| 14.70 | 101.62 | 25.69 | — | 14.35% |
Blank cells are figures the offer document does not publish. This issue is unlisted, so it has no market price and the document publishes no multiple for it — its P/E and P/BV here are computed at the offer price, on the post-issue share count, and are comparable to a listed peer's.