Micropro Software Solutions Limited IPO
NSE SMEListed On: Nov 10, 2023 at ₹ 80.0
₹ 129600 /1600 Shares
Check AllotmentMicropro Software Solutions Limited IPO Details
03 Nov, 2023
Open Date07 Nov, 2023
Close Date07 Nov, 2023
Allotment Date10 Nov, 2023
Listing DateIssue Price
₹81 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Purva Sharegistry India Pvt LtdList Price
80.0Listing Date
2023-11-10Market Lot
1600 Shares (₹129,600/-)Lead Manager
Swaraj shares and securities private limitedIssue Size
3,790,400 shares(aggregating up to ₹30.70 Cr)Retail Portion
50%Subscription
36.87 timesIPO Docs
DRHPMicropro Software Solutions Limited IPO Subscription 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
Earnings Per Share (EPS)
₹5.78/-P/E Ratio
N/ARoNW
35.93%Net Asset Value (NAV) - Post Issue
₹N/A/-Micropro Software Solutions Limited Company Financials All values are in ₹ Lakh
| 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 The 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)
Pre Issue Share Holding: 63.40%
Post Issue Share Holding: 46.59%
Company 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.
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. The size of Micropro Software Solutions Limited IPO is 3,790,400 shares(aggregating up to ₹30.70 Cr).
Ans. The IPO price band is set between ₹81 per equity share.
Ans. To apply for Micropro Software Solutions Limited IPO 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 allotment status for Micropro Software Solutions Limited IPO here.
