Majestic Research Services & Solutions Ltd FPO (MRSS FPO) Detail

Nov 28, 2016 - Dec 5, 2016

Incorporated in 2012, Majestic Research Services & Solutions Ltd (MRSS) is an independent market research agency. It focuses on market research, advertising research, brand research and consumer research and also offers other research related services. From pre-production market sizing to post product launch monitoring, MRSS has the appropriate resources and regional expertise to provide tailored solutions for its clients.

It serves clients in the apparel, cosmetics and personal care, consumer electronics, household products, automobile, banking and financial services, insurance, e-financial services, pharmaceutical, computer hardware and networking, telecommunications and wireless, software and enterprise computing, broadcasting and cable market, and publishing segments. Company's client list includes HUL, Yamaha, Wockardts, Nissan, Vodafone, Cipla, HPCL, Kellogs, Maruti, CRISIL, HDFC Bank, Pfizer, NSDL etc.

Objects of the Issue

The object of the issue is to meet its working capital requirement.

MRSS FPO Details

IPO Date Nov 28, 2016 to Dec 5, 2016
Listing Date Wednesday, December 14, 2016
Face Value ₹10 per share
Price ₹106 to ₹114 per share
Lot Size
Issue Size[.] shares of ₹10
(aggregating up to ₹9.99 Cr)
Fresh Issue876,000 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue FPO
Listing At BSE SME


MRSS has emerged as an investor friendly corporate. Investment in the current offer may be considered for medium to long term rewards as the company is the only listed entity in research sector. Read detail review...

MRSS FPO Prospectus


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MRSS FPO Listing Date

Listing Date Wednesday, December 14, 2016
BSE Script Code 539229
NSE Symbol
Listing In M Group of Securities
ISIN INE196R01012
IPO Price ₹114 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Majestic Research Services & Solutions Ltd
2nd Floor Kalpak Arcade,
46/17 Church Street,
Bangalore - 560001
Phone: +91 80 41757500

MRSS FPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200


MRSS FPO Recommendation Summary

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MRSS FPO is a SME FPO of [.] equity shares of the face value of ₹10 aggregating up to ₹9.99 Crores. The issue is priced at ₹106 to ₹114 per share. The minimum order quantity is .

The FPO opens on Nov 28, 2016, and closes on Dec 5, 2016.

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

The MRSS FPO opens on Nov 28, 2016 and closes on Dec 5, 2016.

MRSS FPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in MRSS FPO 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 MRSS FPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the MRSS FPO allotment status.

The MRSS FPO listing date is on Wednesday, December 14, 2016.
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MRSS FPO Message Board

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11. Ponn |   Link |Dec 23, 2016 10:18:53 AM
hi sir/madam
as i applied pan card on 4th November 2016 through uti. still now i didn''t receive my pan number and pan my company they hold my salary due to the pan delay. i need pan no and pan card i kindly request you to help me and reply me as soon as possible.
my coupon number is 710625556
11.1. CLD |   Link |Dec 23, 2016 11:36:39 PM
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
You should directly talk to them or better visit their office & express your problem.
10. Mr. Jain |   Link |Dec 22, 2016 4:05:10 PM
Next IPO konsa aane wala he
9. Jaichand lall Daga |   Link |Dec 22, 2016 1:48:43 PM
Is it worth applying Reliance Home Finance NCD issue
8. Prashantparmar |   Link |Dec 15, 2016 11:56:50 AM
Looks a good small company. Below is my quick assessment

1. Asset light model. So, scalable
2. Strong financials. 25%+ RoE, good growth rates. PAT growth excellent
3. Great client base.
4. Good business segment

1. Valuations at 30x PE (trailing). However, looks reasonable around 8x PE (forward).
2. Market depth too low. So, prices will be volatile
3. Also, public float on 27%. So, very high volatility possible
7. DURAISWAMY |   Link |Dec 13, 2016 8:02:13 PM
Today MRSS closed at 174.90
6. rohitgarg |   Link |Dec 13, 2016 3:37:44 PM
Please tell when will the share will be alloted, i got the allotment , but not received in demat
5. DURAISWAMY |   Link |Dec 12, 2016 12:34:27 PM
Today reached upper circuit limit.
4. m patel |   Link |Dec 3, 2016 11:05:19 PM
should apply for this IPO.
3. DURAISWAMY |   Link |Dec 1, 2016 8:12:25 PM
Security Code       539229 BSE SME
2. DURAISWAMY |   Link |Dec 1, 2016 6:16:54 PM
Prce in the open market is decreasing dayby bay. Please bewate and cautious.
1. rajkot rajkot |   Link |Nov 28, 2016 5:46:57 PM
very high valuation. Avoid issue