Fixed Price IPO | ₹1 Cr | Listed at BSE SME | Tue, Jun 30, 2015 - Thu, Jul 2, 2015
Majestic Research IPO is a fixed price issue of ₹1.43 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹1.43 crore.
Majestic Research IPO bidding started from Jun 30, 2015 and ended on Jul 2, 2015. The shares got listed on BSE SME on Jul 16, 2015.
Majestic Research IPO price is ₹13 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,27,500 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,55,000.
Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Majestic Research IPO RHP for detailed Information.
IPO Open
Tue, Jun 30, 2015
IPO Close
Thu, Jul 2, 2015
Issue Price
₹12 per share
Market Cap (Pre-IPO)
₹5.26 Cr
| IPO Date | 30 Jun to 2 Jul, 2015 |
| Listed on | Thu, Jul 16, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹12 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,20,000 shares (agg. up to ₹1 Cr) |
| Reserved for Market Maker | 70,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.0840 Cr) |
| Fresh Issue (Ex Market Maker) | 10,50,000 shares (agg. up to ₹1 Cr) |
| Net Offered to Public | 10,50,000 shares (agg. up to ₹1 Cr) |
| Share Holding Pre Issue | 30,02,000 shares |
| Share Holding Post Issue | 41,22,000 shares |
| BSE Script Code | 539229 |
| ISIN | INE196R01012 |
Majestic Research IPO comprises a total issue size of 11,20,000 shares. The net offer to the public is 10,50,000 shares, after excluding 70,000 shares allotted on a firm basis. Of the Net offer 5,25,000 (50.00%) allocated to NII 5,25,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,25,000 | 50.00% | 46.88% |
| Retail Shares Offered | 5,25,000 | 50.00% | 46.88% |
| Firm Reservations | |||
| Market Maker Shares Offered | 70,000 | 6.25% | |
| Total Shares Offered | 11,20,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,27,500 |
| Retail (Max) | 1 | 10,000 | ₹1,27,500 |
| HNI (Min) | 2 | 20,000 | ₹2,55,000 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Procurement of new technology | 0.20 |
| 2 | Working capital requirement | 0.80 |
| 3 | Issue expenses | 0.43 |
| KPI | |
|---|---|
| RoNW | 4.25% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 72.83% |
| Market Cap | ₹5.26 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc | 0.39 |
| 2 | Regulatory fees | 0.02 |
| 3 | Marketing and Other Expenses | 0.02 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.75 |
| Open | ₹14.00 |
| Low | ₹14.00 |
| High | ₹14.70 |
| Last Trade | ₹14.70 |
Lead Manager Reports
Majestic Research IPO is a SME IPO of 11,20,000 equity shares of the face value of ₹10 aggregating up to ₹1 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000.
The IPO opens on Tue, Jun 30, 2015, and closes on Thu, Jul 2, 2015.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Majestic Research IPO using UPI as a payment gateway. Zerodha customers can apply in Majestic Research IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Majestic Research IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Majestic Research IPO opens on Tue, Jun 30, 2015 and closes on Thu, Jul 2, 2015.
Majestic Research IPO lot size is 10000, and the minimum amount required for application is ₹1,27,500.
You can apply in Majestic Research IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Thu, Jul 16, 2015.
