Majestic Research Services & Solutions Ltd - Prospectus Synopsis

Majestic Research Services & Solutions Ltd RHP

Registered Office : 2nd Floor Kalpak Arcade , 46/17 Church Street , Bangalore - 560001 , Karnataka , India.

Phone : 91-80-41757500  Fax : 91-80-41757500

Email :

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.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Nov-2016 05-Dec-2016 Rs 114 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
  Rs Cr Lead Managers to the Issue
Project Cost 0 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 9.99  
Post Issue Equity Share Capital 0  
Issue Price Rs. 114  
Procurement of new technology
Promoted By Listing At Registrar to the Issue
Majestic Market Res. Sup. Ser.
Majestic Mkt Research Support
Rajendra Kumar Sharma
Sarang Jayant Panchal
BSE - SME Bigshare Services Pvt Ltd

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