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About Maximaa Systems Ltd
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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 1994-95. The company has entered into an agreement with Fortune International of the US, to supply plant and equipment and technical know-how 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% buy-back agreement with Swift International, the US, for a period of 15 years. During 1996-97, 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 1996-97, foreign exchange earned amounting to Rs. 4 Lakhs.
Maximaa Systems share price as on 19 Jan 2026 is Rs. 0.84. Over the past 6 months, the Maximaa Systems share price has decreased by 31.71% and in the last one year, it has decreased by 57.58%. The 52-week low for Maximaa Systems share price was Rs. and 52-week high was Rs. .
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Maximaa Systems Ltd FAQs
You can buy Maximaa Systems Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Maximaa Systems Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Dec 13, 2021 04:00 PM the closing price of Maximaa Systems Ltd was Rs.0.84.
The latest PE ratio of Maximaa Systems Ltd as of Dec 13, 2021 04:00 PM is 0.00
The latest PB ratio of Maximaa Systems Ltd as of Dec 13, 2021 04:00 PM is -0.43
The 52-week high of Maximaa Systems Ltd share price is Rs. 0.00 while the 52-week low is Rs. 0.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Dec 13, 2021 04:00 PM, the market cap of Maximaa Systems Ltd stood at Rs. 4.87 Cr.
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