Issue to open on 28 November 2016; Price band is Rs 106-114
Majestic Research Services & Solutions has priced its follow-on public offer at a price band of Rs 106-114 to raise Rs 10 crore through book built issue. The Company has received nod from the Registrar of Companies along with all necessary approvals for the FPO, following which the issue will open on 28 November 2016 and close on 05 December 2016.The Company which got listed on SME platform on July 2015, will achieve the distinction of being the first company on SME platform to come up with a follow on offer.
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