Bookbuilding FPO | ₹10 Cr | Listed at BSE SME | Mon, Nov 28, 2016 - Mon, Dec 5, 2016
Majestic Research FPO is a book build issue of ₹9.99 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹9.99 crore.
Majestic Research FPO bidding started from Nov 28, 2016 and ended on Dec 5, 2016. The shares got listed on BSE SME on Dec 14, 2016.
Majestic Research FPO price band is set at ₹114 per share.
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 FPO RHP for detailed Information.
FPO Open
Mon, Nov 28, 2016
FPO Close
Mon, Dec 5, 2016
Issue Price
₹114 per share
Market Cap (Pre-IPO)
₹56.98 Cr
| IPO Date | 28 Nov to 5 Dec, 2016 |
| Listed on | Wed, Dec 14, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹106 to ₹114 |
| Issue Price | ₹114 per share |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding FPO |
| Listing At | BSE SME |
| Total Issue Size | 8,76,000 shares (agg. up to ₹10 Cr) |
| Reserved for Market Maker | 48,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.5472 Cr) |
| Fresh Issue (Ex Market Maker) | 8,28,000 shares (agg. up to ₹9 Cr) |
| Net Offered to Public | 8,28,000 shares (agg. up to ₹9 Cr) |
| Share Holding Pre Issue | 41,22,000 shares |
| Share Holding Post Issue | 49,98,000 shares |
| BSE Script Code | 539229 |
| ISIN | INE196R01012 |
Majestic Research FPO comprises a total issue size of 8,76,000 shares. The net offer to the public is 8,28,000 shares, after excluding 48,000 shares allotted on a firm basis. Of the Net offer 4,14,000 (50.00%) allocated to NII 4,14,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,14,000 | 50.00% | 47.26% |
| Retail Shares Offered | 4,14,000 | 50.00% | 47.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 48,000 | 5.48% | |
| Total Shares Offered | 8,76,000 | 100.00% | 100.00% |
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.
| 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 | Purchase of New Corporate office | 1.80 |
| 2 | Civil work and Interior Expenses | 0.80 |
| 3 | Working Capital Requirements | 4.70 |
| 4 | General Corporate Purposes | 1.79 |
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. | 0.75 |
| 2 | Regulatory fees | 0.05 |
| 3 | Marketing and Other Expenses | 0.10 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹114.00 |
| Open | ₹140.00 |
| Low | ₹139.90 |
| High | ₹149.90 |
| Last Trade | ₹144.55 |
Lead Manager Reports
Majestic Research FPO is a SME FPO of 8,76,000 equity shares of the face value of ₹10 aggregating up to ₹10 Crores. The issue is priced at ₹114 per share. The minimum order quantity is .
The FPO opens on Mon, Nov 28, 2016, and closes on Mon, Dec 5, 2016.
Bigshare Services Pvt.Ltd. is the registrar for the FPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Majestic Research FPO using UPI as a payment gateway. Zerodha customers can apply in Majestic Research FPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Majestic Research FPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Majestic Research FPO opens on Mon, Nov 28, 2016 and closes on Mon, Dec 5, 2016.
Majestic Research FPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Majestic Research FPO 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 FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Majestic Research FPO allotment status.
The Majestic Research FPO listing date is on Wed, Dec 14, 2016.
