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Majestic Research Services & Solutions Ltd IPO

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Further public issue of 8,76,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 114 per equity share, (the issue price) including share premium of Rs. 104 per equity shares aggregating up to Rs. 9.99 Crores (the issue) by the company, of which 48,000 equity shares of Rs.10 each for cash at a price of Rs.114 per equity shares aggregating Rs.0.55 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 8,28,000 equity shares of Rs.10 each for cash at a price of Rs.114 per equity share, aggregating Rs.9.44 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 17.53% and 16.57% respectively of the post issue paid up equity share capital of the company. The face value of equity share is Rs.10 each. The Price is Rs.114 and is 11.4 times the face value of the equity shares.

Majestic Research Services & Solutions Ltd IPO Subscription Details

Company

Majestic Research Services & Solutions Ltd

Issue Type

Book Building - SME

Open Date

28 Nov

Close Date

05 Dec

Offer Price

114.00

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Contact Details of Majestic Research Services & Solutions Ltd IPO

Company Contact Information

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

Phone: 91-80-41757500
Email: info@mrssindia.com

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Bigshare Services Pvt Ltd

Majestic Research Services & Solutions Ltd IPO Lead Manager(s)

  • Pantomath Capital Advisors Pvt Ltd

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