Free Trading + Demat Account

Maximus International Ltd IPO (Maximus International IPO) Detail

Mar 17, 2017 - Mar 22, 2017

Lifetime FREE Demat Account (No AMC)

Get maximum IPO Allotment by applying on each family member's name. Request callback for truly FREE demat & trading acct with very low brokerage.

Are you a day trader?

Incorporated in 2001, Maximus International Ltd (MIL), a wholly owned subsidiary of Optimus Finance Ltd is primarily engaged in the business of importing and exporting lubricant oils, different types of base oils and other chemical products used mainly in the Automobile Industry, Power Industry and Metal manufacturing among others.

The Company acts as a Merchant Exporter and Sourcing Company with a niche focus on lubricants and base oils. It has also started trading in plastic additives used for masterbatches, and certain agro related products. MIL has presence in the markets of Middle East & certain African Countries. It aims to expand its product portfolio in these regions and acts as a sourcing company for various industrial and agricultural based companies.

Maximus offers a wide product range which includes Lubricants and Oil based products like Base Oil, White Oil, Transformer Oil, Engine Oil, Gear Oil / Transmission Fluid, Brake Fluid and Lubricating Oil Additives. They also offers other products like Herbal Pesticides, Integrated Pest Management Equipment, Tractor Spares and Plastic Additives etc.

Company Promoters:

Optimus Finance Ltd is the promoter of the Company.

Objects of the Issue:

The objects of the Issue are:

1. Funding Long Term Working Capital Requirement; and
2. Funding expenditure for General Corporate Purposes.

Issue Detail:

  »»  Issue Open: Mar 17, 2017 - Mar 22, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,506,000 Equity Shares of Rs 10 aggregating up to Rs 3.77 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs. 25 Per Equity Share
  »»  Market Lot: 6000 Shares
  »»  Minimum Order Quantity: 6000 Shares
  »»  Listing At: BSE SME

Maximus International IPO Reviews:

  1. Maximus International Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeTotal
Shares Offered / Reserved
Day 1 - Mar 17, 2017 21:00 IST180,000
Day 2 - Mar 20, 2017 20:40 IST396,000
Day 3 - Mar 21, 2017 18:40 IST2,160,000
Day 4 - Mar 22, 2017 18:50 IST4,158,000

Maximus International IPO Prospectus

Maximus International IPO Rating

Rating:Rated 2.5 stars

Vote Here ...

Maximus International IPO News Alerts

  1. Wednesday, March 22, 2017 12:00:00 AM
    Maximus International Ltd IPO - Close
  2. Friday, March 17, 2017 12:00:00 AM
    Maximus International Ltd IPO - Open

Company Contact Information

Maximus International Ltd
301, Atlantis Heritage,
Dr. Vikram Sarabhai Marg,
Vadi Wadi, Vadodara - 390 003
Phone: +91–265–234 5321
Fax: +91–265–234 5321

Maximus International IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207

Maximus International IPO Lead Manager(s)

SAVE 60% to 90% in Brokerage Fees & Taxes (Find Best Online Stock Broker)

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...


Maximus International IPO Review / Comments

5. I M Patel  Mar 19, 2017 3:25:54 PM IST I Like It. | Report Abuse Reply
Is this good SME IPO?
Whts the GMP??
4. Mahesh  Mar 16, 2017 2:46:03 PM IST I Like It. | Report Abuse Reply
Can we sell these SME shares using our regular DEMAT account??
How can we know if our account supports sell/buy in SME platforms??
3. Mahesh  Mar 16, 2017 2:45:48 PM IST I Like It. | Report Abuse Reply
Can we sell these SME shares using our regular DEMAT account..
How can we know if our account supports sell/buy in SME platforms..
2. Mahesh  Mar 16, 2017 2:45:20 PM IST I Like It. | Report Abuse Reply
Can we sell these SME shares using our regular DEMAT account
How can we know if our account supports sell/buy in SME platforms
1. sanika horo  Mar 13, 2017 9:19:31 PM IST I Like It. 1 | Report Abuse Reply
By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back

More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board