Maharaja & Speedex India Limited IPO

Company Name: Maharaja & Speedex India Limited

Industry / Sector: Houseware / Drinkware Manufacturing & Distribution

Founded Year: February 2006

Promoters: Rakesh Kumar Aggarwal, Kusum Aggarwal, Akash Aggarwal, Ankit Bansal, Atul Tulsian, Rohit Garg

Maharaja & Speedex India Limited is a drinkware manufacturing and distribution company engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and allied drinkware products. The Company offers a diversified portfolio of drinkware products classified into Standard Products (primarily stainless-steel bottles) and Novelty Products (tumblers, feeding bottles and gym shakers). Its products are offered across mass, premium and lifestyle price segments, catering to retail consumers and institutional customers. The Company undertakes OEM and private-label manufacturing, providing customized drinkware solutions for corporate gifting programmes, institutional buyers and brand partners. It operates an integrated business model supported by in-house manufacturing through its wholly owned subsidiary, Dewdrop Bottles Private Limited, which operates two manufacturing facilities in Sonipat, Haryana, with an installed production capacity of approximately 45.24 lakh units per annum across 223 SKUs. The Company has a Pan-India distribution network comprising 101 distributors across 17 states and 2 Union Territories, and serves both B2C and B2B markets. As of March 31, 2026, the Company and its wholly owned subsidiary had 431 full-time employees.