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 Opening Date	Nov 28, 2016
IPO Closing Date	Dec 5, 2016
Issue Type	Book Built Issue FPO
Face Value	₹10 per equity share
IPO Price	₹106 to ₹114 per equity share
Market Lot
Min Order Quantity
Listing At	BSE SME
Issue Size	[.] Eq Shares of ₹10 (aggregating up to ₹9.99 Cr)
Fresh Issue	876,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)

MRSS FPO Prospectus

MRSS FPO Rating

4.2

Rating:

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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 equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹114.00
₹140.00
₹139.90
₹149.90
₹144.55
201,600

MRSS FPO Reviews / Ratings

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Company Contact Information

Majestic Research Services & Solutions Ltd
2nd Floor Kalpak Arcade,
46/17 Church Street,
Bangalore - 560001

Phone: +91 80 41757500
Email: info@mrssindia.com
Website: http://www.mrssindia.com

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
Email:
Website: http://www.bigshareonline.com

MRSS FPO Lead Manager(s)

Pantomath Capital Advisors Pvt Ltd

Lead Manager Reports

MRSS FPO FAQs

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 is priced at ₹106 to ₹114 per equity 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.
When MRSS FPO will open?

The MRSS FPO opens on Nov 28, 2016 and closes on Dec 5, 2016.
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.
How to apply for MRSS FPO?

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.
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.
When is MRSS FPO listing date?

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

MRSS FPO Message Board

Ranked Members

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 card.in my company they hold my salary due to the pan delay. i need pan no and pan card immediately.so 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 (500+ Posts, 100+ Likes)

You should directly talk to them or better visit their office & express your problem.

10. Mr. Jain |Dec 22, 2016 15:05

Next IPO konsa aane wala he

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

Positive:
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

Challenges:
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.

4. m patel |Dec 3, 2016 22:05

should apply for this IPO.

3. DURAISWAMY |Dec 1, 2016 19:12

MRSS
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.

1. rajkot rajkot |Nov 28, 2016 16:46

very high valuation. Avoid issue

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