Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Max Alert Systems IPO is a fixed price issue of Rs 8.00 crores.
Max Alert Systems IPO bidding started from June 28, 2012 and ended on July 2, 2012. The shares got listed on BSE SME on July 13, 2012.
Max Alert Systems IPO price is ₹20 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Comfort Securities Limited is the book running lead manager of the Max Alert Systems IPO, while Sharepro Services Private Limited is the registrar for the issue.
Refer to Max Alert Systems IPO RHP for detailed information.
| IPO Date | June 28, 2012 to July 2, 2012 |
| Listing Date | July 13, 2012 |
| Face Value | ₹10 per share |
| Price | ₹20 per share |
| Lot Size | 6000 Shares |
| Total Issue Size | 4,000,000 shares (aggregating up to ₹8.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,197,500 |
| Share holding post issue | 9,197,500 |
| Market Maker portion | 600,000 shares |
Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| Lot Size Calculator | |||
| Share Holding Pre Issue | 99.95% |
| Share Holding Post Issue | 56.48% |
Incorporated in 2004, Max Alert Systems Ltd is Mumbai, India based company involve in the business of providing solutions for fire fighting, BMS and other allied activities. Max Alert Systems has also diversified into the business of telecom industry i.e. installation of mobile towers.
It provides wide range of fire protection solutions starting from the basic level detection and water based fire protection systems to the sophisticated gas based fire suppression systems. Company provide these services under the area of Consultancy Services, Design, Engineering, Installation, testing and commissioning, Training, Annual maintenance of gas detection systems and Maintenance of fire & gas suppression & security system.
| KPI | Values |
|---|---|
| RoNW | 32.05% |
The objects of the issue are:
1. Blasting license for setting up of Crushing Plant in Deoghar, Jharkhand.
2. Water pollution license for setting up of Crushing Plant from Jharkhand State Pollution Control Board.
3. Air pollution license for setting up of Crushing Plant from Jharkhand State Pollution Control Board.
4. Mining license for setting up of Crushing Plant.
[Dilip Davda]
On performance front, the company has posted net profit of Rs. 1.73 crore and 1.30 crore for the last two fiscals of 2010-11 and 2009-10 on a turnover of Rs. 33.35 crore and 28.68 crore respectively. For nine months ended 31.12.2011 it has earned net profit of Rs. 1.71 crore on a turnover of Rs. 31.31 crore. Company's weighted average EPS for last three fiscal is Rs. 3.03 and for the nine months ended 31.12.2011 is Rs. 4.37 (annualized). NAV as on 31.12.11 is Rs. 75.10 which stands reduced post bonus issue of February 2012 and post issue NAV shall be around Rs. 20.78. The company has issued bonus shares in the ratio of 5 for 2 on 31.03.2011 and 9 for 2 on 08.02.12. Although the pricing looks reasonable, considering the recent fate of SME listings, only risk aver HNI investors can consider parking of funds for long term.
Read detail review...
| Listing Date | July 13, 2012 |
| BSE Script Code | 534563 |
| NSE Symbol | |
| ISIN | INE253N01010 |
| Final Issue Price | ₹20 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹20.00 |
| ₹51.50 |
| ₹49.25 |
| ₹51.50 |
| ₹49.25 |
Max Alert Systems Ltd
Gama House, Gaodevi Road,
Bhandup (West), Mumbai- 400078
Maharashtra, India
Phone: 22 4345 6000
Email: ipo@mspl.biz
Website: http://maxalertsystems.com
Sharepro Services Private Limited
Phone: 9999999999
Email:
Website:
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Max Alert Systems IPO is a SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹8.00 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.
The IPO opens on June 28, 2012, and closes on July 2, 2012.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Max Alert Systems IPO opens on June 28, 2012 and closes on July 2, 2012.
Max Alert Systems IPO lot size is 6000 Shares, and the minimum amount required is ₹120,000.
You can apply in Max Alert Systems 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Max Alert Systems IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Max Alert Systems IPO allotment status.
Thank you,
Chittorgarh.com Forum Moderator
Forum Do''s And Don''ts (Common Sense)
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
1. All well known brands in India are already on the Market and propably available at better rates and known history.
2. All IPOs and I repeat ALL IPOs are OVERPRICED. Be it a Government PSUs, Top honchos like Ambanis/Tatas/Mahindras or the B/C grade companies. This has been the trend right from the Bull run starting 2003''s. Back in good old days companies mostly priced their IPOs at face value that gave handsome returns over period of time. Nowadays the promoters are no longer contended to price their IPO conservatively and look to gain as much as their stock price would have reaped 4-5 years into the future. If this were another investment like Real estate, would you paying 4-5 time higher price than Market price just becayour investment can ''propably'' give you better returns over the long run. Many greedy promoters even fudge prices and rig stocks to maximize their profits from IPO.
There were many contributors like Ravi Bangalore, Gem IPO Finder to name a few who were active in the better days of IPO investing. There used to be a lively discussion about the stocks. But alas those good days are gone and the current bunch of IPOs are just scamsters out to grab your money. There might be 1 or 2% chances of getting profits, But that still makes IPO the riskiest investment strategy than even gambling at Casinos!!!