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 Opening Date | Mar 17, 2017 |
| IPO Closing Date | Mar 22, 2017 |
| Issue Type | Fixed Price Issue IPO |
| 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 |
| Issue Size | 1,506,000 Eq Shares of ₹10 (aggregating up to ₹3.77 Cr) |
The Maximus International IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 6000 | ₹150,000 |
| Maximum | 1 | 6000 | ₹150,000 |
The Maximus International IPO is subscribed times on Mar 22, 2017 18:50. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| Total |
| Listing Date | Thursday, March 30, 2017 |
| BSE Script Code | 540401 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| 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 is priced at ₹25 per equity 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 6000 Shares.
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.
Useful Articles
Compare Share Broker in India
Download Mobile App
Our Websites
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Acct Best Broker for Beginners More Reports...Discount Broker Review
Zerodha (₹20/trade) Upstox (₹20/trade) Angel Broking (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Full-service Review
Angel Broking (₹20/trade) IIFL Securities (₹20/trade) Aliceblue (₹20/trade) ICICI Direct (₹20/trade) Edelweiss (₹10/trade) More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading Homepage
Options Overview
Benefits & Risks of Options
Options Pricing
Options Trading FAQs
Options Trading Glossary
Broker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI Homepage
Best NRI Trading Account
Best NRI 3-in-1 Account
Top 10 Discount Brokers
Top 10 Full-Service Brokers
NRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
Top Contributor (200+ Posts, 300+ Likes)