Maximus International IPO


Maximus International IPO

Maximus International IPO


Maximus International 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. The company has also started trading in plastic additives used for masterbatches, and certain agro related products. Maximus International has presence in the markets of Middle East & certain African Countries and understands needs of these Markets. The company aims to expand its product portfolio in these regions and acts as a sourcing company for various industrial and agricultural based companies. Maximus International strives to maintain high standards in terms of quality and service thus strengthening our position and ensure client retention. It further endeavours to give optimum results by adopting conceptual methodology on international marketing, understanding customer buying behaviour & product management, distribution, logistics & pricing strategies in our region of exports. Maximus International’s product portfolio offers a wide product range which includes Lubricants and Oil based products and Agro Products.

Promoters of Maximus International – Optimus Finance Limited

Maximus International IPO details

Subscription Dates 17 – 22 Mar 2017
IPO Price band INR25 per share
Fresh issue 1,506,000 shares (INR3.7 crore)
Offer for sale Nil
Total IPO size 1,506,000 shares (INR3.7 crore)
Minimum bid (lot size) 6,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform



Maximus International’s financial performance (in INR lakh)

FY2016 Period ended Oct 16
Total revenue 49.3 533.6
Total expenses 47.6 499.3
Profit after tax 1.0 21.7
Day Subscription (no. of times)
Day 1  0.12
Day 2  0.26
Day 3  1.43
Day 4  2.76

Maximus International Limited
301, Atlantis Heritage, Dr. Vikram Sarabhai Marg
Vadi Wadi, Vadodara – 390 003

Phone: +91 265 234 5321
Email: [email protected]

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
[email protected]

Maximus International IPO allotment status will be available on Bigshare Services Private Limited website. Click on this link to get allotment status.

IPO Opening Date: 17 March 2017

IPO Closing Date: 22 March 2017

Finalisation of Basis of Allotment: 27 March 2017

Initiation of refunds: 29 March 2017

Transfer of shares to demat accounts: 29 March 2017

Listing Date: 30 March 2017

Listing Price on BSE SME: INR23 per share (discount of 8% over IPO price)

Closing Price on BSE SME: INR25.05 per share (flat over IPO price)


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