Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Thu, Jun 28, 2012 - Mon, Jul 2, 2012
Max Alert Systems IPO is a fixed price issue of ₹8.00 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹8.00 crore.
Max Alert Systems IPO bidding started from Jun 28, 2012 and ended on Jul 2, 2012. The shares got listed on BSE SME on Jul 13, 2012.
Max Alert Systems IPO price is ₹20 per share. The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
Comfort Securities Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Comfort Securities Ltd..
Refer to Max Alert Systems IPO RHP for detailed Information.
IPO Open
Thu, Jun 28, 2012
IPO Close
Mon, Jul 2, 2012
Issue Price
₹20 per share
Market Cap (Pre-IPO)
₹18.40 Cr
| IPO Date | 28 Jun to 2 Jul, 2012 |
| Listed on | Fri, Jul 13, 2012 |
| Face Value | ₹10 per share |
| Issue Price | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 40,02,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 6,00,000 shares Comfort Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 34,02,000 shares (agg. up to ₹7 Cr) |
| Net Offered to Public | 34,02,000 shares (agg. up to ₹7 Cr) |
| Share Holding Pre Issue | 51,97,500 shares |
| Share Holding Post Issue | 91,97,500 shares |
| BSE Script Code | 534563 |
| ISIN | INE253N01010 |
Max Alert Systems IPO comprises a total issue size of 40,00,000 shares. The net offer to the public is 34,00,000 shares, after excluding 6,00,000 shares allotted on a firm basis. Of the Net offer 17,00,000 (50.00%) allocated to NII 17,00,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 17,00,000 | 50.00% | 42.50% |
| Retail Shares Offered | 17,00,000 | 50.00% | 42.50% |
| Firm Reservations | |||
| Market Maker Shares Offered | 6,00,000 | 15.00% | |
| Total Shares Offered | 40,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 6,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up Crushing Plant | 8.60 |
| 2 | Issue Expenses | 0.60 |
| Total | 9.20 |
| KPI | |
|---|---|
| RoNW | 32.05% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.95% | 56.48% |
| Market Cap | ₹18.40 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Issue management fees including fees and reimbursements of Market Making fees, selling commissions, brokerages, and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | 0.40 |
| 2 | Printing and distribution of issue stationery | 0.10 |
| 3 | Advertising and marketing expenses | 0.07 |
| 4 | Regulatory fees and other expenses 3.00 | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹51.50 |
| Low | ₹49.25 |
| High | ₹51.50 |
| Last Trade | ₹49.25 |
Lead Manager Reports
Max Alert Systems IPO is a SME IPO of 40,02,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on Thu, Jun 28, 2012, and closes on Mon, Jul 2, 2012.
Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Max Alert Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Max Alert Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Max Alert Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Max Alert Systems IPO opens on Thu, Jun 28, 2012 and closes on Mon, Jul 2, 2012.
Max Alert Systems IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in Max Alert Systems IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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.
The Max Alert Systems IPO listing date is on Fri, Jul 13, 2012.
