Majestic Research Services & Solutions Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 525,000 (47%) | — | ₹63 Cr |
| Retail | — | 525,000 (47%) | — | ₹63 Cr |
| Market Maker | — | 70,000 (6%) | — | ₹1 Cr |
| Σ Total | — | 1,120,000 (100%) | — | ₹1,344 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹120,000 |
| Retail (Max) | 13 | 130,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Procurement of new technology – 0.20
- 2 Working capital requirement – 0.80
- 3 Issue expenses – 0.43
Company Overview
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.