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Max Alert Systems Ltd IPO (Max Alert Systems IPO) Detail

Jun 28, 2012 - Jul 2, 2012

Incorporated in 2004, Max Alert Systems Ltd is Mumbai, India based company involve in the business of providing solutions for fire fighting, BMS and other allied activities. Max Alert Systems has also diversified into the business of telecom industry i.e. installation of mobile towers.

It provides wide range of fire protection solutions starting from the basic level detection and water based fire protection systems to the sophisticated gas based fire suppression systems. Company provide these services under the area of Consultancy Services, Design, Engineering, Installation, testing and commissioning, Training, Annual maintenance of gas detection systems and Maintenance of fire & gas suppression & security system.

Objects of the Issue:

The objects of the issue are:
1. Blasting license for setting up of Crushing Plant in Deoghar, Jharkhand.
2. Water pollution license for setting up of Crushing Plant from Jharkhand State Pollution Control Board.
3. Air pollution license for setting up of Crushing Plant from Jharkhand State Pollution Control Board.
4. Mining license for setting up of Crushing Plant.

Issue Detail:

  »»  Issue Open: Jun 28, 2012 - Jul 2, 2012
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 4,000,000 Equity Shares of Rs 10 aggregating up to Rs 8.00 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 20 Per Equity Share
  »»  Market Lot: 6000 Shares
  »»  Minimum Order Quantity: 6000 Shares
  »»  Listing At: BSE SME

Max Alert Systems IPO Reviews:

  1. Max Alert Systems Ltd IPO review by Dilip Davda

Max Alert Systems IPO Recommendations:

Dilip Davda - Avoid.

Max Alert Systems IPO Prospectus

Max Alert Systems IPO Rating

Rating:Rated 3.3 stars

Vote Here ...

Max Alert Systems IPO Listing Date

  •   ›  Listing Date: Friday, July 13, 2012
  •   ›  BSE Script Code: 534563
  •   ›  NSE Symbol:
  •   ›  Listing In: 'MT' Group Securities
  •   ›  ISIN: INE253N01010
  •   ›  Issue Price: Rs 20 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

Issue Price:
Last Trade:
Rs 20.00
Rs 51.50
Rs 49.25
Rs 51.50
Rs 49.25

Max Alert Systems IPO News Alerts

  1. Friday, July 13, 2012 12:00:00 AM
    Max Alert Systems Ltd IPO - Listing
  2. Thursday, July 12, 2012 3:41:21 AM
    IPO Listing - Max Alert Systems Ltd
  3. Monday, July 2, 2012 12:00:00 AM
    Max Alert Systems Ltd IPO - Close
  4. Thursday, June 28, 2012 12:00:00 AM
    Max Alert Systems Ltd IPO - Open
  5. Tuesday, June 26, 2012 12:10:34 AM
    Upcoming IPO - Max Alert Systems Ltd

Company Contact Information

Max Alert Systems Ltd
Gama House, Gaodevi Road,
Bhandup (West), Mumbai- 400078
Maharashtra, India
Phone: 22 4345 6000
Fax: 22 4345 6008

Max Alert Systems IPO Registrar

Sharepro Services Private Limited,   »  Report
   13 AB Samhita Warehousing Complex,
   Off Andheri-Kurla Road, Sakinaka,
   Andheri (E), Mumbai - 400 072.

Phone: 91-22-6772 0300/400
Fax: 91-22-2859 1568

Max Alert Systems IPO Lead Manager(s)

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Max Alert Systems IPO Review / Comments

6. Venky IPO  Aug 23, 2012 1:56:53 AM IST I Like It. | Report Abuse
Sincere advice to Retail investors. Our Markets are the playing ground for Institutional sharks and retail investors have little or no chance unless there is a sustained Bull run. When even the listed stocks run high risk, unknown entities like IPO becomes the riskiest of risky bets. I see fundamentally 2 reasons behind this -
1. All well known brands in India are already on the Market and propably available at better rates and known history.
2. All IPOs and I repeat ALL IPOs are OVERPRICED. Be it a Government PSUs, Top honchos like Ambanis/Tatas/Mahindras or the B/C grade companies. This has been the trend right from the Bull run starting 2003''s. Back in good old days companies mostly priced their IPOs at face value that gave handsome returns over period of time. Nowadays the promoters are no longer contended to price their IPO conservatively and look to gain as much as their stock price would have reaped 4-5 years into the future. If this were another investment like Real estate, would you paying 4-5 time higher price than Market price just becayour investment can ''propably'' give you better returns over the long run. Many greedy promoters even fudge prices and rig stocks to maximize their profits from IPO.

There were many contributors like Ravi Bangalore, Gem IPO Finder to name a few who were active in the better days of IPO investing. There used to be a lively discussion about the stocks. But alas those good days are gone and the current bunch of IPOs are just scamsters out to grab your money. There might be 1 or 2% chances of getting profits, But that still makes IPO the riskiest investment strategy than even gambling at Casinos!!!
5. Forum Modulator  Jul 18, 2012 10:33:18 AM IST I Like It. | Report Abuse
Hi vsp share,

The Max Alert IPO barely managed to get fully subscribe. it was subscribed 1.24 times overall and in retail quota it received bids only for 0.17 times.

It was an unexpected jackpot who applied.

Check the basis of allotment link above for more detail. Team

Thank you, Forum Moderator

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4. vsp share  Jul 16, 2012 4:34:22 PM IST I Like It. | Report Abuse
anybody know that how many time the Max Alert Systems ltd.-IPO has been subscribe? This issue had given very excellent returns?
3. Jagdish Shah  Jun 26, 2012 6:55:46 PM IST I Like It. | Report Abuse
BEWARE!!!Company wants to raise money for obtaining licences!!!Oohhhh.My god!!!This is possible only in India.
2. Jagdish Shah  Jun 26, 2012 6:52:31 PM IST I Like It. | Report Abuse
As the name suggests,it is ALERT (HIGH) for investors.
1. Manoj jain  Jun 26, 2012 3:38:53 PM IST I Like It. | Report Abuse
IPO subscribers have lost all their money in fake IPOs. Atleast I have no money to invest in IPO. Sorry IPO looters...
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