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MAXIMUS INTERNATIONAL LTD.

20 December 2024 | 12:00

Industry >> Lubricants

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ISIN No INE544W01021 BSE Code / NSE Code 540401 / MAXIMUS Book Value (Rs.) 3.20 Face Value 1.00
Bookclosure 30/09/2024 52Week High 30 EPS 0.62 P/E 24.42
Market Cap. 193.50 Cr. 52Week Low 14 P/BV / Div Yield (%) 4.74 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as Maximus International Limited on December 22, 2015 under the Companies Act, 2013 with the Registrar of Companies, Ahmedabad (Gujarat) bearing Registration No. 085474. The Company's Corporate Identity Number is U51900GJ2015PLC085474. We are a Company primarily engaged in the business of importing and exporting lubricant oils, different types of base oils and other chemical products used mainly in the Automobile Industry, Power Industry and Metal manufacturing among others. the Company acts as a Merchant Exporter and Sthecing Company with a niche focus on lubricants and base oils. the Company has also started trading in plastic additives used for masterbatches, and certain agro related products. the Company has presence in the markets of Middle East & certain African Countries and understands needs of these Markets. the Company aims to expand its product portfolio in these regions and acts as a sthecing company for various industrial and agricultural based companies. We strive to maintain high standards in terms of quality and service thus strengthening the position and ensure client retention. We further endeavthe to give optimum results by adopting conceptual methodology on international marketing, understanding customer buying behavithe & product management, distribution, logistics & pricing strategies in the region of exports. The supply of the products depends upon demand from the clients. the company has well established relations with various supplier companies of lubricants and oils and agro related products, which guarantee a continuous and constant supply to us. These suppliers are mainly manufacturers and wholesale traders of oils and large scale agro related products / agro equipment manufacturers and dealers. The products stheced from them are directly supplied to the customers in the Middle East and Africa. We provide working capital support to the customers by buying the lubricants, oils, agro related products and agro equipments required by them in the desired quantities from the established suppliers by paying the entire amount in full and aid them with a steady supply and credit period, thus reducing the financial pressure on the customers.

MAJOR EVENTS IN THE HISTORY OF THE COMPANY :

2015

-Incorporation of the Company as `Maximus International Limited' a public limited company under the Companies Act, 2013

2016

-Company made its first Import purchase and Export Sale and first trade in base Oil

-Company started its first import from Sharjah, UAE and first export to Nairobi, Kenya

-Company commenced trading in `White Oil' and `Transformer Oil'

-Company made its first domestic purchase and commenced export to UAE

-Company began trading in Lubricants

-Company made its first import purchase from UAE

-Company allotted 20,00,000 Equity Shares on a Rights basis to its Promoter, Optimus Finance Limited in lieu of part of unsecured loans outstanding.

-Company commenced export trade to Kuwait

-Company allotted 12,00,000 Equity Shares on a Rights basis to its Promoter, Optimus Finance Limited in lieu of part of unsecured loans outstanding.

-Company added `Calcium Carbonate' (Plastic Additives) to its product portfolio

-Company made its first import from Vietnam and commenced export to Qatar

-Company has commenced marketing and promotional activities for herbal pesticides, tractor spare parts and other agro related products

2017

-Commenced formalities for setting up of wholly owned subsidiary in UAE in the name and style of Maximus Global FZE

2019 -The Company has issued Bonus Shares in the Ratio of 1:1.

2022 -The Company has splits its face value from Rs. 10/- to Rs. 1/-.