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Max Alert Systems

PriceRs.20
Monday, July 2, 2012
     

Max Alert Systems has launched an IPO of 4,000,000 Equity Shares of Rs.10 face value each.

Max Alert Systems was incorporated in 2004 and is a Mumbai based company involved 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.

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.

Issue Detail:

Issue Open: June 28, 2012 - July 02, 2012
Issue Type: Fixed Price Issue IPO
Issue Size: 4,000,000 Equity Shares of Rs.10
Issue Size: Rs.8.00 Crore
Face Value: Rs.10 Per Equity Share
Issue Price: Rs.20 Per Equity Share
Market Lot: 6000 Shares
Minimum Order Quantity: 6000 Shares
Listing At: BSE SME