Maharaja & Speedex India IPO Subscription Status
Maharaja & Speedex India IPO received bids for 9,30,72,600 shares against 36,94,800 offered, an overall subscription of 32.49x at the close of bidding (15 Sep 2026). QIBs lead at 48.82x.
Last updated · day 7 figures
- Retail
- 19.65x
- NII
- 40.67x
- QIB
- 48.82x
- Total
- 32.49x
Maharaja & Speedex India IPO allotment chances
Approximate · day 7- Retail / Individual 19.65x
- 1 in 20 ≈ 5.1% chance per application
- Based on applications vs lots
- sNII ₹2–10 lakh 31.79x
- 1 in 30 ≈ 3.3% chance per application
- Based on applications vs lots
- bNII Above ₹10 lakh 45.13x
- 1 in 14 ≈ 7.2% chance per application
- Based on applications vs lots
Where the demand is
Maharaja & Speedex India IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| NII | 8,29,800 | 2,49,64,800 | ₹464.35 Cr | 40.67x |
| QIB | 8,18,400 | 3,99,58,200 | ₹743.22 Cr | 48.82x |
| bNII above ₹10 lakh | 4,08,600 | 1,84,41,000 | ₹343.00 Cr | 45.13x |
| sNII ₹2–10 lakh | 2,05,200 | 65,23,800 | ₹121.34 Cr | 31.79x |
| Retail | 14,32,800 | 2,81,49,600 | ₹523.58 Cr | 19.65x |
| Total | 36,94,800 | 9,30,72,600 | ₹1,731.15 Cr | 32.49x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Application-wise breakup and allotment chances
| Category | Lots reserved | Applications | Applied | Chance per application |
|---|---|---|---|---|
| NII | 461 | 6,597 | 14.31x | 1 in 14 |
| QIB | — | 49 | — | — |
| bNII | 227 | 3,150 | 13.88x | 1 in 14 |
| sNII | 114 | 3,447 | 30.24x | 1 in 30 |
| Retail | 1,194 | 23,458 | 19.65x | 1 in 20 |
"All valid" means applications are fewer than the lots reserved, so every valid application should get at least one lot. When applications exceed lots, allottees are picked by computerised lottery and "1 in X" is the rough chance for one application. The real chance is usually a little better: bids below the cut-off price and invalid applications are removed before the lottery.
Maharaja & Speedex India IPO subscription day-wise
| Category | Day 1 | Day 2 | Day 3 | Day 4 | Day 5 | Day 6 | Day 7 |
|---|---|---|---|---|---|---|---|
| NII | 0.85x | 0.85x | 1.16x | 1.16x | 1.16x | 1.16x | 40.67x |
| QIB | — | — | 0.10x | 0.10x | 0.10x | 0.10x | 48.82x |
| bNII | 1.15x | 1.15x | 1.34x | 1.34x | 1.34x | 1.34x | 45.13x |
| sNII | 0.27x | 0.27x | 0.80x | 0.80x | 0.80x | 0.80x | 31.79x |
| Retail | 0.22x | 0.22x | 0.56x | 0.56x | 0.59x | 0.59x | 19.65x |
| Total | 0.41x | 0.41x | 0.55x | 0.55x | 0.57x | 0.57x | 32.49x |
| Total added | 0.41x | +0.00x | +0.14x | +0.00x | +0.02x | +0.00x | +31.92x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Maharaja & Speedex India IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Non-Institutional Investors | 8,29,800 | 26.93% |
| bNII · above ₹10 lakh | 4,08,600 | 49% of NII |
| sNII · ₹2–10 lakh | 2,05,200 | 25% of NII |
| Qualified Institutional Buyers | 8,18,400 | 26.56% |
| Retail Individual Investors | 14,32,800 | 46.50% |
| Public issue | 30,81,000 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Maharaja & Speedex India IPO subscription: FAQs
- What is the overall subscription of Maharaja & Speedex India IPO?
- Maharaja & Speedex India IPO is subscribed 32.49x overall as of day 7 (15 September 2026), with bids for 9,30,72,600 shares against 36,94,800 offered.
- What is the retail subscription of Maharaja & Speedex India IPO?
- The retail portion is subscribed 19.65x as of day 7 (15 September 2026). 23,458 retail applications have been received for 1,194 lots available.
- What is the QIB and NII subscription of Maharaja & Speedex India IPO?
- QIBs have subscribed 48.82x of their portion, and NIIs 40.67x (bNII 45.13x, sNII 31.79x) as of day 7 (15 September 2026).
- What are the chances of getting Maharaja & Speedex India IPO allotment?
- With 23,458 retail applications for 1,194 lots, roughly 1 in 20 retail applicants may get a lot. The actual chance is usually a little better, because bids below the cut-off price and invalid applications are rejected before the lottery.
- How can I check Maharaja & Speedex India IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Maharaja & Speedex India IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 15 September 2026.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.