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FX Multitech IPO

FX Multitech IPO is an SME IPO raising ₹45 Cr at ₹110 – ₹116 a share. It listed on 28 Sept 2026 at ₹123, +6.1% against its issue price of ₹116, and trades at ₹123 today (+6.2% since issue). It was subscribed 17× in total.

₹116
Issue price
₹123
Price now
+6.2%
Since issue price
28 Sept 2026
Listed on
17×Subscribed (final) · all exchanges

16.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
7,44,0001,55,90,40021×
Othersno separate quota1,43,35,200n/a
Foreign Institutional Investorsno separate quota11,76,000n/a
Domestic Financial Institutionsno separate quota79,200n/a
Mutual Fundsno separate quota—n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
7,54,8001,46,95,20019×
Corporatesno separate quota7,99,200n/a
Individualsno separate quota1,32,39,600n/a
Othersno separate quota6,56,400n/a
Retail
Ordinary investors bidding up to ₹2 lakh
12,98,4001,59,84,00012×
Cut Offno separate quota—n/a
Price Bidsno separate quota1,59,84,000n/a
Employee Reservedno separate quota0n/a
Employeeno separate quota—n/a
Employeeno separate quota—n/a
Reservation PortionShareholderno separate quota0n/a
RPSno separate quota—n/a
RPSno separate quota—n/a
Total27,97,2004,62,69,60017×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Sept, 05:20 pm IST.

How demand built

Our own series — the exchanges publish a running total and never a history.20 readings held.

21 Sept, 11:15 am0.00×
21 Sept, 12:15 pm0.10×
21 Sept, 01:15 pm0.11×
21 Sept, 03:15 pm0.32×
21 Sept, 04:15 pm0.33×
21 Sept, 05:15 pm0.34×
22 Sept, 11:15 am0.39×
22 Sept, 12:15 pm0.40×
22 Sept, 01:15 pm0.41×
22 Sept, 02:15 pm0.42×
22 Sept, 03:15 pm0.51×
22 Sept, 04:15 pm0.52×
22 Sept, 05:17 pm0.53×
23 Sept, 10:50 am0.61×
23 Sept, 11:50 am0.77×
23 Sept, 12:50 pm1.10×
23 Sept, 01:50 pm1.30×
23 Sept, 02:50 pm2.51×
23 Sept, 03:51 pm13×
23 Sept, 04:50 pm20×

Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.