Saturday, March 11, 2017

Maximus International IPO will open on Mar 17th

Maximus International Ltd IPO is entering in the capital markets (through BSE SME) with an initial public offering, IPO of1,506,000 Equity Shares of Rs 10 aggregating up to Rs 3.77 Cr. The price band for the issue has been fixed at Rs 25.

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 issue opens on Mar 17, 2017 and closes for subscription on Mar 22, 2017. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.