Maximus International Ltd IPO (Maximus International IPO) Detail

Mar 17, 2017 - Mar 22, 2017

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.

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.

Maximus International IPO Details

IPO Date Mar 17, 2017 to Mar 22, 2017
Listing Date Thursday, March 30, 2017
Face Value ₹10 per share
Price ₹25 per share
Lot Size 6000 Shares
Issue Size1,506,000 shares of ₹10
(aggregating up to ₹3.77 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

Optimus Finance Ltd is the promoter of the Company.

Maximus International IPO Lot Size

The Maximus International IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹150,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹150,000
Retail (Max) 1 6000 ₹150,000

Maximus International IPO Review

Considering track record and the aggressive pricing of Maximus International BSE SME IPO, only cash surplus risk savvy investors may consider investment for long term. Read detail review...

Maximus International IPO Subscription Status (Bidding Detail)

The Maximus International IPO is subscribed times on Mar 22, 2017 6:50:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

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Maximus International IPO Prospectus

Maximus International IPO Rating

Rating:Rated 2.5 stars
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Maximus International IPO Listing Date

Listing Date Thursday, March 30, 2017
BSE Script Code 540401
NSE Symbol
Listing In M Group of Securities
ISIN INE544W01013
IPO Price ₹25 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

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

Maximus International IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Maximus International IPO Review

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Maximus International IPO FAQs

Maximus International IPO is a SME IPO of 1,506,000 equity shares of the face value of ₹10 aggregating up to ₹3.77 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Mar 17, 2017, and closes on Mar 22, 2017.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Maximus International IPO opens on Mar 17, 2017 and closes on Mar 22, 2017.

Maximus International IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in Maximus International 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 Maximus International IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Maximus International IPO allotment status.

The Maximus International IPO listing date is on Thursday, March 30, 2017.
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Maximus International IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



8. Manishk |   Link |Mar 31, 2017 8:21:58 PM
Shankara Premium......?
7. NPT |   Link |Mar 29, 2017 9:30:32 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Listing tomorrow at 9.15 am, BSE.
6. NARENDRA KOTECHA |   Link |Mar 27, 2017 10:43:27 PM
Listing Dr of maximus international some ipo
5. I M Patel |   Link |Mar 19, 2017 4:25:54 PM
Is this good SME IPO?
Whts the GMP??
4. Mahesh |   Link |Mar 16, 2017 3:46:03 PM
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 |   Link |Mar 16, 2017 3:45:48 PM
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 |   Link |Mar 16, 2017 3:45:20 PM
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 |   Link |Mar 13, 2017 10:19:31 PM