
Micropro Software Solutions Limited IPO
NSE SMEListed On: Nov 10, 2023 at ₹ 80.0
₹ 259200 /3200 Shares
*Min Investment
03 Nov, 2023
Open Date07 Nov, 2023
Close Date07 Nov, 2023
Allotment Date10 Nov, 2023
Listing DateMicropro Software Solutions Limited IPO Issue Details
- Issue Price ₹81 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,790,400 shares(aggregating up to ₹30.70 Cr)
- Listing at NSE SME
- List Price 80.0
- Listing Date 2023-11-10
- Lead Manager Swaraj shares and securities private limited
- Registrar Purva Sharegistry India Pvt Ltd
Micropro Software Solutions Limited IPO Details
- Retail Portion 50%
Micropro Software Solutions Limited IPO Documents
Micropro Software Solutions Limited IPO Details
Micropro Software Solutions Limited IPO is an SME IPO, priced at ₹81 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Nov 3, 2023 to Nov 7, 2023. The allotment is expected to be finalized on Nov 7, 2023, and the tentative listing date is Nov 10, 2023.
The registrar of the IPO is Purva Sharegistry India Pvt Ltd, and
Micropro Software Solutions Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 18,00,000 | 18,00,000 | 36,00,000 |
Day 1 03-11-23 06:00 PM | 0.35 x | 3.73 x | 2.04 x |
Day 2 06-11-23 06:00 PM | 2.19 x | 18.15 x | 10.18 x |
Day 3 07-11-23 06:00 PM | 22.71 x | 49.07 x | 36.87 x |
Micropro Software Solutions Limited Valuations
Micropro Software Solutions Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,559.57 | 2,048.58 | 1,547.57 |
| Revenue | 2,217.20 | 1,755.17 | 1,392.48 |
| Profit After Tax | 592.23 | 267.14 | 129.51 |
About Micropro Software Solutions Limited Company
Micropro is an IT service company engaged in the business of Software Development, Data Processing, and Software Training. The company's tech team comprises more than 150 professionals. The company serves over 4000 customers catering to countries like India, USA, UAE and Africa. The company also provides software solutions for the government sector, PSU's and corporate clients. Micropro is an ISO 90001:2015 company which designs software solutions across various industry verticals.
Read MoreMicropro Software Solutions Limited - Promoter(s)
Mr Sanjay Yadavrao Mokashi, Mr Hitesh Dhirajlal Parikh, Mr Prashant Renukadas Rajurkar, Mrs Meenakshi Sanjay Mokashi, Mrs Shefali Hitesh Parikh, and Mrs Swati Prashant Rajurkar.
Pre Issue Share Holding : 63.40%
Post Issue Share Holding : 46.59%
Micropro Software Solutions Limited IPO - Issue Objectives
Working capital requirements
Funding capital expenditure requirements
General Corporate purposes
Micropro Software Solutions Limited IPO - FAQs
Ans. Micropro Software Solutions Limited IPO is a SME IPO. The issue is priced at ₹81 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Nov 3, 2023, and closes on Nov 7, 2023. Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Micropro Software Solutions Limited IPO opens on Nov 3, 2023 and closes on Nov 7, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Micropro Software Solutions Limited IPO is 3,790,400 shares(aggregating up to ₹30.70 Cr).
Ans. The Micropro Software Solutions Limited IPO price band is set between ₹81 per equity share.
Ans. To apply for Micropro Software Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Micropro Software Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Micropro Software Solutions Limited IPO is Nov 7, 2023.
Ans. The Micropro Software Solutions Limited IPO will be listed on Nov 10, 2023.
Ans. Follow the steps to check the Micropro Software Solutions Limited IPO allotment status online.