Maximaa Systems Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 131
Rank 116
Rank 145
Dividend Yield
Rank 30
Rank 249
Price To Book Ratio
Rank 96
Debt To Asset
Rank 18

Company Information

Incorporated as Shree Laxmi Furniture Manufacturing Company P Ltd on 3 Aug.90 Maximaa Systems MSL was converted into a public company and got its present name on 3 Nov.93. It was promoted by Balubhai Shah chairman and joint managing director Mayur Shah managing director Manoj Shah and Mahesh Shah. MSL produces and markets steel furniture and storage systems under the name Maximaa. It is setting up a 100 EOU for manufacturing and setting up cultured traveltine marble furniture under an agreement with Swift International. MSL exports to Canada Australia Singapore Honk Kong etc. Exports touched Rs 1.62 cr during 199495. The company has entered into an agreement with Fortune International of the US to supply plant and equipment and technical knowhow to set up a plant to manufacture cultured marble furniture. In Feb.96 MSL had come out with a rights issue of 48.93 lac equity shares premium : Rs 6 aggregating Rs 7.83 cr to manufacture all kinds of furniture made from cultured traveltine marble and for its working capital requirements at a project cost of Rs 23.33 cr. The company also has a 100 buyback agreement with Swift International the US for a period of 15 years.During 199697 the company came out with right issue of 4.56 cr and allotment was made to successful allotees. The company has successfully launched mobile storage systems and new dealers were appointed and orders were also procured from big industrial houses. In 199697 foreign exchange earned amounting to Rs. 4 Lakhs.
OrganisationMaximaa Systems Ltd