IPO

Micropro Software Solutions Limited IPO

NSE SME

Listed On: Nov 10, 2023 at ₹ 80.0

₹ 259200 /3200 Shares
*Min Investment

Check Allotment

03 Nov, 2023

Open Date

07 Nov, 2023

Close Date

07 Nov, 2023

Allotment Date

10 Nov, 2023

Listing Date
Micropro 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

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Micropro Software Solutions Limited IPO Subscription Analysis And Details
Retail
49.07x
Total
36.87x
As onQIB / NIIRetailTotal
Shares Offered / Reserved18,00,00018,00,00036,00,000
Day 1 03-11-23 06:00 PM
0.35 x3.73 x2.04 x
Day 2 06-11-23 06:00 PM
2.19 x18.15 x10.18 x
Day 3 07-11-23 06:00 PM
22.71 x49.07 x36.87 x
Micropro Software Solutions Limited Valuations
Earnings Per Share (EPS) ₹5.78/-
P/E Ratio N/A
RoNW 35.93%
Net Asset Value (NAV) - Post Issue ₹N/A/-
Micropro Software Solutions Limited Company Financials
In Lakhs
In Lakh
31-Mar-2331-Mar-2231-Mar-21
Assets2,559.572,048.581,547.57
Revenue2,217.201,755.171,392.48
Profit After Tax592.23267.14129.51
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.

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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.

Pre Issue Share Holding : 63.40%

Post Issue Share Holding : 46.59%

Micropro Software Solutions Limited IPO - Issue Objectives
1

Working capital requirements

2

Funding capital expenditure requirements

3

General Corporate purposes