Max Alert Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,700,000 (43%) | — | ₹340 Cr |
| Retail | — | 1,700,000 (43%) | — | ₹340 Cr |
| Market Maker | — | 600,000 (15%) | — | ₹120 Cr |
| Σ Total | — | 4,000,000 (100%) | — | ₹8,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹120,000 |
| Retail (Max) | 13 | 78,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 84,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 402,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Setting up Crushing Plant –
- 2 Issue expenses –
Company Overview
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.