IPO: Max Alert Systems Ltd.

Max Alert Systems Ltd., established in 2004, is coming out with an IPO from June 28, 2012 with a fix price issue , to be listed on BSE SME . MASL, a Mumbai based company is providing solutions for fire fighting, BMS and other allied activities. Max Alert Systems has also diversified into the business of telecom industry.

MASL provides wide range, (from the basic level detection and water based fire protection systems to the sophisticated gas based fire suppression systems) under fire protection solutions. Company doing business in Consultancy Services, Engineering, Design,   Installation, testing and commissioning, Training, Annual maintenance of gas detection systems and Maintenance of fire and gas suppression & security system. The company is working on licences for Mining, Air Pollution, Water Pollution and Blasting licences to set up Crushing Plant in Jharkhand.

Issue Details: 

• Issue Open: 28-June-2012
• Issue Closes: 02-July-2012
• Issue Type: Fixed Price Issue
• Issue Price: Rs. 20 Per Equity Share
• Issue Size: 4,000,000 Equity Shares of Rs. 10
• Issue Value: Rs. 8.00 Crore
• Market Lot: 6000 Shares per lot
• Listing: BSE SME

 

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Tags: IPO, June 2012, Max Alert System

Category: Blog, IPO