MRSS India, India’s 1st & Only Listed Market Research Company has filed a Draft Red Herring Prospectus dated September 1, 2016 (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) for raising up to Rs.100 million through Further Public Offering (FPO) of equity shares subject to requisite approvals, market conditions and other considerations. Pantomath Capital Advisors (P) Ltd., a Category I Merchant Banker is the Book Running Lead Manager to the Issue.
“After being the 1st listed company in the ‘Market Research’ industry; we are delighted to be the 1st to file for an FPO on the BSE SME Platform. We are look forward to continue to reward our stakeholders going forward”, commented Raj Sharma, Chairman of MRSSINDIA.com
“We are pleased to have filed the first ever FPO (further public offering) in SME Capital Market. Our heartfelt compliments to MRSS India for taking this step. MRSS India has created many firsts in capital market and this is another milestone. We wish MRSS a grand success in this endeavor”, Mahavir Lunawat, Managing Director, Pantomath Capital Advisors, Merchant Bankers, remarked.
About MRSS India Ltd.:
MRSS India relies exhaustively on usage of technology for data acquisition offering reliability, validity and faster turnaround times to its clients. The company has wide range of offerings such as eye tracking, mobile analytics, video analysis facial recognition, digital tracking, online communities, neuroscience, emotional analysis, automated audience measurement, sensory sciences, etc. It is India’s first and only listed market research company, and also a member of MRSI and DIN (Digital Insight Network – Global). MRSS India is a subsidiary of Majestic Market Research Support Services Limited, one of Asia’s largest full service market research firms. MMRSS is a member of ESOMAR, QRCA, MRA, etc., with presence in 18 countries across Middle East and Asia Pacific region.
About Pantomath Group
Pantomath, the Book Running Lead Manager to the Issue, positions itself as thought leaders in SME space and does undertake numerous initiatives on regular basis such as conducting SME seminars alongwith industry houses, research publications, website, videos etc. Pantomath has developed a unique and first of its kind of SME index – PANTOMATH SMEX-30. This index captures price movement of selected 30 SME scrip’s listed on SME Exchanges. Pantomath has also prepared corporate film with BSE on SME Capital Market and has also developed knowledge portal, SME IPO and Listing,Pantomath has been instrumental in listing some of the outstanding businesses on SME.