Saturday, June 27, 2015

Majestic Research IPO to open on Jun 30th

Majestic Research Services and Solutions Ltd (MRSS) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,120,000 Equity Shares of Rs 10/- each aggregating Rs. 1.43 Crore. The price for the issue has been fixed at Rs 12.75 per share.

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 issue opens on Jun 30, 2015 and closes for subscription on Jul 02, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.