Maximus International Ltd Company Summary

Maximus International Limited (MIL) is a subsidiary of BSE-listed Optimus Finance Limited, a Vadodara based Non-Banking Finance Company registered by the Reserve Bank of India. MIL was incorporated in Ahmedabad on December 22, 2015, with the Registrar of Companies, Gujarat. The Company presently is engaged in Trading of Oils and Chemicals.

It has two wholly owned subsidiaries:) Maximus Global FZE (Sharjah, UAE) and MX Africa Limited (Nairobi, Kenya) having production facilities, engaged in manufacturing of lubricant oils, various base oils and chemical products through its two step down subsidiaries- Maximus Lubricants LLC, a subsidiary of Maximus Global FZE, located at Ras Al-Khaimah (RAK), UAE and Quantum Lubricants (E.A.) Limited, a subsidiary of MX Africa Limited, located at Nairobi, Kenya.The company has presence in the markets of Middle East & certain African Countries and understands needs of these markets. The supply of products depends upon demand from our clients. These suppliers are manufacturers and wholesale traders of oils and large scale agro equipment manufacturers and dealers.

The Company came up with a Public Issue of 15,06,000 Equity Shares by raising funds aggregating Rs 3.77 Crore in March, 2017.The Company set up its Wholly Owned Subsidiary (WOS) namely, Maximus Global FZE, UAE in the Hamriyah Free Zone-Sharjah on 02 April, 2017. Further, the Company set up a wholly Owned Subsidiary (WOS) namely, MX Africa Limited in Nairobi (Kenya) on 11 May, 2018.