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Open
17 Mar 2017
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Close
22 Mar 2017
3
Allotment
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Listing
Thu, Mar 30, 2017
Price Band
₹25 per share
Issue Size
15,06,000 shares (agg. up to ₹4 Cr)
Lot Size
6,000 Shares
Listing Date
Thu, Mar 30, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.00x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| IFL Enterprises Ltd. | SME | ₹3.25 Cr | ₹20 | null | ₹20.05 | +0.25% | ₹0.37 (+0.00%) |
| Maheshwari Logistics Ltd. | SME | ₹27.17 Cr | ₹68 | null | ₹76.35 | +12.28% | ₹73.92 (+0.94%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Long Term Working Capital Requirement | 3.17 |
| 2 | Expenditure for General Corporate Purposes | 0.12 |
About Maximus International IPO
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.+ Read More
Contact Details
Maximus International Ltd. Address301, Atlantis HeritageDr.Vikram Sarabhai MargVadi WadiVadodara, Gujarat, 390003+91–265–234 5321info@maximusinternational.inVisit Website