Micropro Software Solutions Limited IPO
Micropro Software Solutions Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹81 per share. The stock debuted at ₹80. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,29,600.
Micropro Software Solutions Limited IPO
- IPO Dates
- Nov 3, 2023 – Nov 7, 2023
- Price band
- ₹81 per equity share
- Minimum Investment
- ₹1,29,600
- Issue size
- 3,790,400 shares(aggregating up to ₹30.70 Cr)
- Lot size
- 1600
- Allotment Date
- Nov 7, 2023
- Listing
- Nov 10, 2023
- Listing At
- NSE SME
IPO timeline
-
Nov 3, 2023
Open Date
Completed
-
Nov 7, 2023
Close Date
Completed
-
Nov 7, 2023
Allotment Date
Completed
-
Nov 10, 2023
Listing Date
Completed
Micropro Software Solutions Limited IPO Essentials
Micropro Software Solutions Limited IPO Details
Micropro Software Solutions Limited IPO is priced at ₹81 per share with a total issue size of 3,790,400 shares(aggregating up to ₹30.70 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹81 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,790,400 shares(aggregating up to ₹30.70 Cr)
- Listing at
- NSE SME
- List price
- 80.0
- Listing date
- Registrar
- Purva Sharegistry India Pvt Ltd
- Lead manager
-
Swaraj shares and securities private limited
Micropro Software Solutions Limited IPO Details
- Retail Portion 50%
Micropro Software Solutions Limited IPO Documents
Micropro Software Solutions Limited IPO Analytics
Micropro Software Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Micropro Software Solutions Limited IPO Subscription Status
Micropro Software Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹5.78/-
Returns
- RoNW
- 35.93%
Micropro Software Solutions Limited Financials( In Lakhs)
| 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 |
Micropro Software Solutions Limited Company & Offer Insights
About Micropro Software Solutions Limited
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.
Micropro 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. are the company's promoters of Micropro Software Solutions Limited.
Micropro Software Solutions Limited IPO Issue Objectives
- •
- Working capital requirements
- •
- Funding capital expenditure requirements
- •
- General Corporate purposes
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Micropro Software Solutions Limited IPO is a Fixed Priced IPO worth ₹3,790,400 shares(aggregating up to ₹30.70 Cr). The issue price is ₹81 per share (fixed price). The IPO opens on Nov 3, 2023 and closes on Nov 7, 2023. It will be listed on NSE SME Platform. Purva Sharegistry India Pvt Ltd is the registrar.
The issue price of Micropro Software Solutions Limited IPO is ₹81 per share (fixed price).
The lot size of Micropro Software Solutions Limited IPO is 1600 shares.
The minimum investment for Micropro Software Solutions Limited IPO is approximately ₹1,29,600 based on the issue price .
Micropro Software Solutions Limited IPO opens on Nov 3, 2023 and closes on Nov 7, 2023.
The allotment date of Micropro Software Solutions Limited IPO is Nov 7, 2023.
Micropro Software Solutions Limited IPO is expected to be listed on Nov 10, 2023, on NSE SME Platform.
Micropro Software Solutions Limited IPO valuation snapshot: P/E N/A, EPS ₹5.78/-, P/B N/A, RoNW 35.93%, and market cap N/A.
To apply for Micropro Software Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Micropro Software Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Micropro Software Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Micropro Software Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Micropro Software Solutions Limited IPO allotment status on IPO Ji for quick and easy access.