Majestic Research to raise Rs 10 crore via FPO

Majestic Research Services And Solutions Ltd. | Business Support | Miscellaneous | BSE: 539229 | NSE:

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.

Peers

Company Name	CMP
Sagility	45.46
Prime Focus	332.55
Knowledge RealtyTrt.	113.87
Indegene	602.30
Syngene Internatl.	380.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.