Maharaja & Speedex India plans ₹80 crore BSE SME IPO

Drinkware maker Maharaja & Speedex India, owner of Speedex and Dewdrop, plans to use IPO proceeds to repay debt and buy plant machinery. Its portfolio spans 223 SKUs, supported by 101 distributors across 17 states and two Union Territories.

— Source publishedTue, 8 Sept, 2026, 21:03 IST·First seen Tue, 8 Sept, 2026, 21:11 IST·Source The Hindu BusinessLine

What happened

Drinkware maker Maharaja & Speedex India plans an ₹80 crore BSE SME IPO to repay debt and buy plant machinery. The Speedex and Dewdrop brand owner has 223 SKUs

Key facts

  • ₹80 crore
  • 43.08 lakh equity shares
  • ₹177-₹186 per share
  • 223 SKUs
  • 101 distributors
  • 17 states
  • 2 Union Territories

Why this matters

Maharaja & Speedex’s public-market funding could make it a better-capitalized regional platform for partnerships or consolidation in branded drinkware and adjacent housewares.