MRSS India IPO (Majestic Research IPO) Detail

Jun 30, 2015 - Jul 2, 2015

Incorporated in 2012, Majestic Research Services and Solutions Ltd. (MRSS) is engaged in the business of market research and is a subsidiary of Majestic Market Research Support services Ltd (MMRS). Parent company has a global reach with presence in 18 countries of Middle East and APAC region. MRSS provides actionable insights to its clients and assist them in making better strategic decisions in their respective lines of business.

The company provides its services with integrity, respect and dedicated teamwork and is well equippted with advance technology. It has large online research panel, offers video streaming worldwide and can handle 15 participants/clients/groups at a time.

Objects of the Issue

The object of the issue are to:

1. Procurement of new technology;
2. Working capital requirement;
3. Meet Issue expenses.

Majestic Research IPO Details

IPO Date Jun 30, 2015 to Jul 2, 2015
Listing Date Thursday, July 16, 2015
Face Value ₹10 per share
Price ₹13 per share
Lot Size 10000 Shares
Issue Size1,120,000 shares of ₹10
(aggregating up to ₹1.43 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Company Promoters

The promoters of the company are:

1. Rajendra Kumar Sharma
2. Sarang Jayant Panchal
3. Majestic Market Research Support Service Ltd

Majestic Research IPO Lot Size

The Majestic Research IPO lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹130,000).

Application Lots Shares Amount
Retail (Min) 1 10000 ₹130,000
Retail (Max) 1 10000 ₹130,000

Majestic Research IPO Prospectus

Majestic Research IPO Rating

Rating:Rated 3.4 stars
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Majestic Research IPO Listing Date

Listing Date Thursday, July 16, 2015
BSE Script Code 539229
NSE Symbol
Listing In MT Group of Securities
ISIN INE196R01012
IPO Price ₹13 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

MRSS India
2nd Floor Kalpak Arcade,
46/17 Church Street,
Bangalore - 560001, Karnataka
Phone: +91 80 41757500

Majestic Research IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Majestic Research IPO Review

Majestic Research IPO Recommendation Summary

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Majestic Research IPO FAQs

Majestic Research IPO is a SME IPO of 1,120,000 equity shares of the face value of ₹10 aggregating up to ₹1.43 Crores. The issue is priced at ₹13 per share. The minimum order quantity is 10000 Shares.

The IPO opens on Jun 30, 2015, and closes on Jul 2, 2015.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Majestic Research IPO opens on Jun 30, 2015 and closes on Jul 2, 2015.

Majestic Research IPO lot size is 10000 Shares and the minimum order quantity is .

You can apply in Majestic Research IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Majestic Research IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Majestic Research IPO allotment status.

The Majestic Research IPO listing date is on Thursday, July 16, 2015.
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Majestic Research IPO Message Board

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