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 DateNov 28, 2016 - Dec 5, 2016
Issue TypeBook Built Issue FPO
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹9.99 Cr)
Fresh Issue876,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)
Face Value₹10 Per Equity Share
IPO Price₹106 to ₹114 Per Equity Share
Market Lot
Min Order Quantity
Listing AtBSE SME

MRSS FPO Prospectus


Rating:Rated 4.2 stars

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MRSS FPO Listing Date

Listing DateWednesday, December 14, 2016
BSE Script Code539229
NSE Symbol
Listing InM
IPO Price₹114 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

IPO Price
Last Trade

MRSS FPO Reviews / Ratings

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
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200


  1. 1. What is MRSS FPO?

    MRSS FPO is a SME FPO of [.] equity shares of the face value of ₹10 aggregating up to ₹9.99 Crores.

    The issue price of the FPO is ₹106 to ₹114 Per Equity Share. The minimum order quantity is per application and the offer type is Book Built Issue.

    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.

  2. 2. When MRSS FPO will open?

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

  3. 3. How to apply for MRSS FPO?

    MRSS FPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When MRSS FPO allotment?

    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.

  5. 5. When is MRSS FPO listing date?

    The MRSS FPO listing date is on Wednesday, December 14, 2016, at BSE SME.
  6. 6. What is the lot size of MRSS FPO?

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

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MRSS FPO Review / Comments

11. Ponn  Dec 23, 2016 09:18
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  Dec 23, 2016 22:36
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
You should directly talk to them or better visit their office & express your problem.
Mr. Jain
10. Mr. Jain  Dec 22, 2016 15:05
Next IPO konsa aane wala he
Jaichand lall Daga
9. Jaichand lall Daga  Dec 22, 2016 12:48
Is it worth applying Reliance Home Finance NCD issue
8. Prashantparmar  Dec 15, 2016 10:56
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  Dec 13, 2016 19:02
Today MRSS closed at 174.90
6. rohitgarg  Dec 13, 2016 14:37
Please tell when will the share will be alloted, i got the allotment , but not received in demat
5. DURAISWAMY  Dec 12, 2016 11:34
Today reached upper circuit limit.
m patel
4. m patel  Dec 3, 2016 22:05
should apply for this IPO.
3. DURAISWAMY  Dec 1, 2016 19:12
Security Code       539229 BSE SME
2. DURAISWAMY  Dec 1, 2016 17:16
Prce in the open market is decreasing dayby bay. Please bewate and cautious.
rajkot rajkot
1. rajkot rajkot  Nov 28, 2016 16:46
very high valuation. Avoid issue

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