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.

Max Alert Systems IPO Details

IPO Opening Date Jun 28, 2012
IPO Closing Date Jul 2, 2012
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹20 per equity share
Market Lot 6000 Shares
Min Order Quantity 6000 Shares
Listing At BSE SME
Issue Size4,000,000 Eq Shares of ₹10
(aggregating up to ₹8.00 Cr)

Max Alert Systems IPO Lot Size

The Max Alert Systems IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 6000 ₹120,000
Maximum 1 6000 ₹120,000

Max Alert Systems IPO Prospectus

Max Alert Systems IPO Rating

Rating:Rated 3.3 stars
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Max Alert Systems IPO Listing Date

Listing Date Friday, July 13, 2012
BSE Script Code 534563
NSE Symbol
Listing In MT Group of Securities
ISIN INE253N01010
IPO Price ₹20 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

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

Max Alert Systems IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Website: http://

Max Alert Systems IPO Reviews / Ratings

Max Alert Systems IPO FAQs

Max Alert Systems IPO is a SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹8.00 Crores. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares.

The IPO opens on Jun 28, 2012, and closes on Jul 2, 2012.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Max Alert Systems IPO opens on Jun 28, 2012 and closes on Jul 2, 2012.

Max Alert Systems IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

You can apply in Max Alert Systems IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Max Alert Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Max Alert Systems IPO allotment status.

The Max Alert Systems IPO listing date is on Friday, July 13, 2012.

Max Alert Systems IPO Message Board

Ranked Members  Ranked Members

6. Venky IPO |Aug 23, 2012 00:56
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 09:33
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

Forum Do''s And Don''ts (Common Sense)

  • Pls do not post irrelevant messages or advertisements.
  • Treat ot
4. vsp share |Jul 16, 2012 15:34
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 17:55
BEWARE!!!Company wants to raise money for obtaining licences!!!Oohhhh.My god!!!This is possible only in India.
2. Jagdish Shah |Jun 26, 2012 17:52
As the name suggests,it is ALERT (HIGH) for investors.
1. Manoj jain |Jun 26, 2012 14:38
IPO subscribers have lost all their money in fake IPOs. Atleast I have no money to invest in IPO. Sorry IPO looters...