Maxwell Life Sciences IPO Details

SME BSE

Maxwell Life Sciences IPO Summary

Maxwell Life Sciences Logo | Maxwell Life Sciences IPO Details, Date, Price, GMP, Live Subscription

Maxwell Life Sciences IPO DRHP (Draft Red Herring Prospectus) has been Offer Document Returned.

Maxwell Life Sciences IPO total issue size comprises 66,99,600 shares . This includes a fresh issue of 56,49,600 shares . Offer for Sale consists of 10,50,000 shares . Pre-issue shareholding stands at 1,55,55,552, which will increase to 2,12,05,152 post-issue.

Maxwell Life Sciences IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Maxwell Life Sciences IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Corporate Professionals Capital Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Maxwell Life Sciences DRHP.

Maxwell Life Sciences IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
1,55,55,552 shares
Post-issue Shareholding
2,12,05,152 shares
Total Issue Size
66,99,600 shares
Fresh Issue
56,49,600 shares
Offer for Sale
10,50,000 shares
DRHP Status
Offer Document Returned

Maxwell Life Sciences IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Maxwell Life Sciences IPO Reservation

Promoter Holding

Pre Issue:
100%
Post Issue:
-
Promoter Names:
Mr. Sanjay Bastimal Suranam, Mrs. Neetu Sanjay Surana

Maxwell Life Sciences IPO Valuations

ROE40.16%
ROCE59.19%
RONW40.16%
PAT MARGIN5.70

Maxwell Life Sciences Financial Information

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets78.3260.7656.2838.66
Revenue95.6781.8647.1229.18
Profit After Tax8.514.670.72-0.20
Net Worth20.1411.636.966.24
Reserves and Surplus16.257.743.072.35
Total Borrowing20.8219.9715.7915.02
Amount in ₹ Crore

About Maxwell Life Sciences IPO

Incorporated in 2004, Maxwell Life Sciences Ltd manufactures pharmaceutical formulations for tablets, capsules, syrups, ointments, creams, liquid orals, dry syrups, and powders.

Its product portfolio comprises more than 150 formulations, including Anti-Diabetic, Anti-Psychotic, Vitamins, Minerals, Iron, Anti-Cold, Anti-Allergic, Antacid, Anti-Ulcerants, Anti-Inflammatory, Anti-Bacterial, Anti-Viral, General Antibiotics, Anti-Fungal and anti-amoebic products.

The company's manufacturing facility is located at Boisar, Maharashtra, across 1,510 square meters, with the capability to produce 180 crore tablets per year, 60 crore capsules per year, 1.80 crores bottles of syrup per year and 1.80 crores tubes of ointment per year.

Its manufacturing process is approved by the World Health organization (WHO) for Good Manufacturing Practices (GMP) and Good Laboratory process (GLP) certification issued by Food & Drugs Administration, Maharashtra.

The company supplies pharmaceutical formulations to private companies, merchant exporters, and the government contracts. Under contract manufacturing, it produces pharmaceutical formulations for private companies or parties, which then market and distribute the products under their brand names, both in the domestic and international markets.

Additionally, it also supplies medicines to government hospitals, departments, public sector units, the armed forces, and other public entities.

Competitive Strengths

  • Wide range of product offerings
  • Experienced promoters and management
  • Scalable Business Model
  • Quality assurance

Strength Of Maxwell Life Sciences IPO

To be announced

Risk Of Maxwell Life Sciences IPO

To be announced

Objectives Maxwell Life Sciences IPO

1. Upgradation / Construction of the existing premises

2. Funding capital expenditure requirements for the purchase of plant & machinery and furniture & fixtures

3. Funding capital expenditure towards establishment of new office premise with interior works and utilities

4. To meet working capital requirements of our Company

5. Repayment/prepayment, in part or full, of certain of our borrowings

6. General Corporate Purposes

Company Contact Details

Maxwell Life Sciences
Office No. 5,
Target Mall Chandrvarker Road,
Borivali West, Mumbai
Mumbai, Maharashtra
Phone: +91-022-45227279
Email: compliance@mlspl.in
Website: http://www.mlspl.in/

Registrar Contact Details

Name:
Bigshare Services Pvt Ltd
Phone:
+91-22-62638200

Maxwell Life Sciences FAQs

The Maxwell Life Sciences IPO is a SME public issue comprising 6699600 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Maxwell Life Sciences IPO opens on TBA.

Maxwell Life Sciences IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Maxwell Life Sciences IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Maxwell Life Sciences IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Maxwell Life Sciences IPO allotment status for updates.

The listing date for the Maxwell Life Sciences IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Maxwell Life Sciences IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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