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.
Optimus Finance Ltd is the promoter of the Company.
The objects of the Issue are:
1. Funding Long Term Working Capital Requirement; and
2. Funding expenditure for General Corporate Purposes.
| IPO Date | Mar 17, 2017 - Mar 22, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 1,506,000 Eq Shares of ₹10 (aggregating up to ₹3.77 Cr) |
| Face Value | ₹10 Per Equity Share |
| IPO Price | ₹25 Per Equity Share |
| Market Lot | 6000 Shares |
| Min Order Quantity | 6000 Shares |
| Listing At | BSE SME |
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹150,000 |
| Maximum | 1 | 6000 | ₹150,000 |
No. of Times Issue Subscribed (BSE + NSE) | ||||||
|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
Shares Offered | - | - | - | - | - | - |
Mar 22, 2017 18:50 | ||||||
| Listing Date | Thursday, March 30, 2017 |
| BSE Script Code | 540401 |
| NSE Symbol | |
| Listing In | M |
| ISIN | INE544W01013 |
| IPO Price | ₹25 Per Equity Share |
| Face Value | ₹10 Per Equity Share |
|
|
Maximus International Ltd
301, Atlantis Heritage,
Dr. Vikram Sarabhai Marg,
Vadi Wadi, Vadodara - 390 003
Phone: +91–265–234 5321
Email: info@maximusinternational.in
Website: http://www.maximusinternational.in
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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 price of the IPO is ₹25 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.
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 application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
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.
Maximus International IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.
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