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Majestic Research to raise Rs 10 crore via FPO

09 Nov 2016 Evaluate

Majestic Research Services and Solutions has received approval from Bombay Stock Exchange (BSE) to launch first FPO (further public offer) on SME platform of BSE. The company has received approval to raise up to Rs 10 crore and price-band for the same will be announced later.

The proceeds of the FPO will be utilized for purchase of new corporate office and for working capital requirements. Pantomath Advisory Services is the merchant banker to the issue.

Majestic is the business of offering qualitative and quantitative market research services to clients in India and abroad.

Majestic Res. Serv. Share Price

4.38 0.00 (0.00%)
27-Feb-2023 18:02 View Price Chart
Peers
Company Name CMP
Syngene Internation. 435.70
Indegene 486.80
CMS Info Systems 318.00
JITF Infralogistics 338.00
Sagility 42.95
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