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Micropro Software Solutions Ltd IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹81
Issue Price
₹81
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹81
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹129,600
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
03 Nov 2023
Fri Completed
Done
Close Date
07 Nov 2023
Tue Completed
Done
Allotment
09 Nov 2023
Thu Completed
Done
Refund
10 Nov 2023
Fri Completed
Done
Demat Credit
10 Nov 2023
Fri Completed
Done
Listing Date
10 Nov 2023
Fri Completed
UPI Deadline: 07 Nov 2023
Issue Details
Pricing & Size
Issue Price
₹81 Face ₹10
Lot Size
1,600 shares
Min Investment
₹129,600
Total Issue Size
37,90,400 shares (aggregating up to ₹30.70 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,90,400 (5.02%)
QIB Portion
-
NII / HNI
18,00,000 (47.49%)
Retail
18,00,000 (47.49%)
Employee
-
Net Offer to Public
36,00,000 shares (aggregating up to ₹29.16 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,05,09,000 shares
Post-Issue Shareholding
1,42,99,400 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,600 ₹1,29,600
HNI / NII 2 3,200 ₹2,59,200
Objects of Issue
3 objectives
1
Working capital requirements
8.50 Cr
2
Funding capital expenditure requirements
12.85 Cr
3
General corporate expenses
4.84 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Swaraj shares & securities Pvt.Ltd
Market Maker
Swaraj shares & securities Pvt.Ltd
IPO Timeline
Open
03 Nov
✓ Done
Close
07 Nov
✓ Done
Allotment
09 Nov
✓ Done
Listing
10 Nov
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
support@purvashare.com
Company Contact
Email
compliance@microproindia.com
Phone
+91-9373693405
Address
Plot No. 28, 702, Wing A 7th Floor, IT Park, Gayatri Nagar, Nagpur, Maharashtra, 440022
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹81
Est. Listing
₹81
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Micropro Software Solutions Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
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| Price
Market Reference
IPO Issue Price
₹81
GMP
+₹0 (+0%)
GMP Est. Listing
₹81
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 18,00,000 (47.49%) ₹1,458.00 Cr
Retail Investors 18,00,000 (47.49%) ₹1,458.00 Cr
Total ** 37,90,400 (100.00%) ₹30,702.24 Cr
Market Maker * 1,90,400 (5.02%) ₹15.42 Cr
* Based on ₹81.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
18,00,000 (47.49%)
Retail
18,00,000 (47.49%)
Market Maker
1,90,400 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 May 202331 Mar 202331 Mar 2022
Revenue275.952217.201755.17
PAT47.65592.23267.14
EBITDA
Net Worth1648.211055.98
Total Assets2411.302559.572048.58
Reserves1670.861623.211030.98
Borrowings338.03397.97592.05
Key Financial Ratios
44%
ROE
Return on Equity
41%
ROCE
Return on Capital Employed
35.93%
RONW
Return on Net Worth
0.13
D/E Ratio
Debt to Equity
5.78
Pre EPS
EPS Pre-Issue
0.34
Pre P/E
P/E Pre-Issue
40.7
Post P/E
P/E Post-Issue
About Micropro Software Solutions Ltd

Incorporated in 1988, 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. 

The company provides following services such as:-

  • IT Infrastructure Management Services.
  • Server Management.
  • Virtualization Services.
  • Storage and Backup Management.
  • Network Management.
  • Security Management.
  • Database Management.
  • Middleware Administration.
  • Data Centre Operations Management.

 

Frequently Asked Questions
What is the issue price of Micropro Software Solutions Ltd IPO?
The issue price of Micropro Software Solutions Ltd IPO is ₹81 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹129,600.
What are the IPO dates?
Opens 03 Nov 2023, closes 07 Nov 2023.
When is the listing date?
Tentative listing: 10 Nov 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹81 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Micropro Software Solutions Ltd IPO · Expected 09 Nov 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
09 Nov 2023
Refund Initiation
10 Nov 2023
Demat Credit
10 Nov 2023
Listing Date
10 Nov 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹81
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹129,600
1 lot
Est. Listing
₹81
GMP +₹0
Key Dates
Open
03 Nov Done
Close
07 Nov Done
Listing
10 Nov Done
Registrar
Purva Sharegistry (India) Pvt.Ltd
A
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