Maharaja & Speedex India IPO GMP

Listed

Maharaja & Speedex India IPO GMP & Listing Price

SME · ₹186 · 600 shares/lot · BSE SME

Final GMP before listing
₹28+15.1%
18 Sept, 3:37 pm
IST

Range so far: ₹15 low · ₹48 high

9 Sept18 Sept
Listed at
₹250
Listing gain / lot
+₹38,400
Cost / lot
₹1,11,600

GMP vs actual listing

GMP implied
+15.1%
Listed at
₹250
Actual
+34.4%

Closed its first day at ₹262.5 (+41.1% on the issue price)

Maharaja & Speedex India carried a grey market premium of ₹28 on an issue price of ₹186, implying a listing around ₹214 (+15.1%). It opened at ₹250, +34.4% — 19.4 points above what the grey market implied.

The premium shown is the one published here before listing, frozen at the bell and never revised afterwards. See all 208 calls, including the misses.

Timeline

  1. Opens
    10 Sept
  2. Closes
    15 Sept
  3. Allotment
    16 Sept
  4. Listing
    18 Sept

Subscription status

as of 18 Sept, 3:37 pm
Total32.41x
Issue typeSME
SectorHouseware
Price₹186
Lot size600 shares
Min investment₹1,11,600
Issue size₹80.13 Cr
P/E ratio15.64
RegistrarMaashitla Securities
Listing atBSE SME
Listing dateFri, 18 Sept, 2026
BSE code544925

Not in our records for this issue: Incorporated, Face value, ISIN.

Maharaja & Speedex India IPO FAQs

What was the listing price of Maharaja & Speedex India IPO?

Maharaja & Speedex India IPO listed at ₹250 on Fri, 18 Sept, 2026, +34.4% against the issue price of ₹186, a gain of ₹38,400 on one lot of 600 shares. The last grey market premium before listing was ₹28, which implied ₹214.

What was the GMP of Maharaja & Speedex India IPO before listing?

The last grey market premium for Maharaja & Speedex India IPO was ₹28, recorded at 3:37 pm IST on Fri, 18 Sept, 2026. That implied +15.1% over the ₹186 price. The stock actually listed +34.4%, so GMP was off by 19.4%.

When was Maharaja & Speedex India IPO allotment and listing?

Allotment for Maharaja & Speedex India IPO was finalised on Wed, 16 Sept, 2026 and the shares listed on Fri, 18 Sept, 2026 on BSE SME. The registrar is Maashitla Securities.

GMP is unofficial. Grey market premium is an unregulated, over-the-counter indication with no backing from SEBI, BSE or NSE. It is not a listing-price guarantee and not investment advice. Read the RHP and consult a SEBI-registered adviser before applying.