The basis of allotment for the Maharaja & Speedex India SME IPO is being finalised on 16 Sept 2026. Below is exactly how to check whether you were allotted shares, the final subscription figures, and the rough odds for retail applicants.
How to Check Maharaja & Speedex India IPO Allotment Status
- Registrar (Maashitla Securities Pvt. Ltd.): open the allotment status page, pick Maharaja & Speedex India, and enter your PAN, application number, or DP/Client ID.
- BSE: bseindia.com allotment check — choose "Equity", select the issue, enter PAN or application number.
- NSE: nseindia.com IPO bid verification with your PAN.
Maharaja & Speedex India IPO Subscription Status (Final)
| Category | Subscribed (times) | Bids received |
|---|---|---|
| QIB | 48.82x | ₹399.58 cr |
| NII (HNI) | 30.09x | ₹249.65 cr |
| Retail | 19.65x | ₹281.50 cr |
| Total | 30.21x | ₹930.73 cr |
Final subscription after the issue closed.
Retail was subscribed 19.65x, so retail allotment is by lottery — roughly 1 in 20 retail applications is likely to get a lot. Applying for more than one lot does not improve the odds for a single PAN.
Maharaja & Speedex India IPO — What Happens Next
| Step | Date |
|---|---|
| Basis of allotment finalised | 16 Sept 2026 |
| Refunds / UPI mandate release | 17 Sept 2026 |
| Shares credited to demat | 17 Sept 2026 |
| Listing on BSE SME | 18 Sept 2026 |
GMP watch: Maharaja & Speedex India is quoting a grey market premium of ₹28 (~15.1%), implying a listing around ₹214. GMP is unofficial and shifts through the day.
More on Maharaja & Speedex India IPO
- Maharaja & Speedex India IPO — live GMP, subscription & allotment status
- Maharaja & Speedex India IPO listing gain calculator
- All SME IPOs
- Full IPO list with GMP
This article is for information only and is not investment advice. Read the RHP and consider your own risk profile before investing.
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