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Micropro Software Solutions IPO Date, Review, Price, Allotment Details

Micropro Software Solutions Limited is an IT carrier corporate integrated in 1988. They be offering Software construction, consulting along side Technical Services and offering efficient IT Solutions cost-effectively IT Solution to its shoppers.

The corporate designs, develops, standardizes, and customizes, in case of want, device answers throughout more than a few business verticals. They does no longer outsource actions to 3rd celebration distributors whilst offering the carrier to the shoppers. The products and services contains IT Infrastructure Management Services, Server Management, Virtualization Services, Storage and Backup Management, Network Management, Security Management, Database Management, Middleware Administration, and Data Centre Operations Management.

Micropro Software Solutions supply their products and services to over 4000 consumers in India, USA, UAE and Africa. They be offering products and services to more than a few organisations together with executive businesses, E-governance in an integral a part of device construction products and services.

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Objects of the Issue:

  • Working capital necessities;
  • Funding capital expenditure necessities;
  • General Corporate functions

Micropro Software Solutions IPO Review

Micropro Software Solutions IPO Date & Price Band Details

IPO Open: November 3, 2023
IPO Close: November 7, 2023
IPO Size: Approx ₹30.70 Crores, 3,790,400 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹81 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

Micropro Software Solutions IPO Market Lot

The Micropro Software Solutions IPO minimal marketplace lot is 1600 stocks with a ₹129,600 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹129,600
Retail Maximum 1 1600 ₹129,600
S-HNI Minimum 2 3200 ₹259,200

Micropro Software Solutions IPO Dates

The Micropro Software Solutions IPO date is November 3 and the IPO shut date is November 7. The IPO allotment date is November 10 and the IPO may listing on November 16.

IPO Open Date: November 3, 2023
IPO Close Date: November 7, 2023
Basis of Allotment: November 10, 2023
Refunds: November 13, 2023
Credit to Demat Account: November 15, 2023
IPO Listing Date: November 16, 2023

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Micropro Software Solutions IPO Form

How to use Micropro Software Solutions IPO? You can observe Micropro Software Solutions IPO by means of ASBA to be had for your checking account. Just cross to the web financial institution login and observe by means of your checking account via settling on the Micropro Software Solutions IPO within the Invest segment. The different possibility you’ll be able to observe Micropro Software Solutions IPO by means of IPO paperwork obtain by means of the NSE web site. Check out the Micropro Software Solutions paperwork – click on NSE IPO Forms obtain, fill and post for your financial institution or together with your dealer.

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Micropro Software Solutions Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹13.92 ₹12.11 ₹1.30
2022 ₹17.55 ₹13.84 ₹2.67
2023 ₹22.17 ₹12.95 ₹5.92
2024 2M ₹2.76 ₹2.10 ₹0.48

Micropro Software Solutions IPO Valuation – FY2023

Check Micropro Software Solutions IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹5.78 according to Equity Share
Price/Earning P/E Ratio: NA
Return on Net Worth (RoNW): 35.93%
Net Asset Value (NAV): ₹659.28 according to Equity Share

Peer Group

  • Softtech Engineers Limited
  • Compucom Software Limited
  • Persistent Systems Limited
  • Mr Sanjay Yadavrao Mokashi
  • Mr Hitesh Dhirajlal Parikh
  • Mr Prashant Renukadas Rajurkar
  • Mrs Meenakshi Sanjay Mokashi
  • Mrs Shefali Hitesh Parikh
  • Mrs Swati Prashant Rajurkar

Micropro Software Solutions IPO Registrar

Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: [email protected]
Website: https://www.purvashare.com/queries/

Micropro Software Solutions IPO Allotment Status

Check Micropro Software Solutions IPO allotment standing on Purvashare web site URL. Click Here

Micropro Software Solutions IPO Lead Managers aka Merchant Bankers

  • Swaraj stocks and securities non-public restricted

Company Address

Micropro Software Solutions Limited
Plot No. 28, 702, Wing A
seventh Floor, IT Park,
Gayatri Nagar, Nagpur-440022,
Phone: +91-9373693405
Email: [email protected]
Website: http://www.microproindia.com/

Micropro Software Solutions IPO FAQs

What is Micropro Software Solutions IPO?

Micropro Software Solutions IPO is an NSE SME IPO. They are going to elevate ₹30.70 Crores by means of IPO. The factor is priced at ₹81 according to fairness percentage. The IPO is to be indexed on NSE.

When Micropro Software Solutions IPO will open?

The IPO is to open on November 7, 2023 for NII, and Retail Investors.

What is Micropro Software Solutions IPO Investors Portion?

The buyers’ portion for NII is 50%, and Retail is 50%.

How to Apply the Micropro Software Solutions IPO?

You can observe Micropro Software Solutions IPO by means of ASBA on-line by means of your checking account. You too can observe for ASBA on-line by means of UPI thru your inventory agents. You too can observe by means of your inventory agents via filling up the offline shape.

How to Apply the Micropro Software Solutions IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Micropro Software Solutions”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Micropro Software Solutions IPO thru Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Micropro Software Solutions”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Micropro Software Solutions IPO thru Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Micropro Software Solutions”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Micropro Software Solutions IPO Size?

Micropro Software Solutions IPO dimension is ₹30.70 crores.

What is Micropro Software Solutions IPO Price Band?

Micropro Software Solutions IPO Price Band is ₹81 according to fairness percentage.

What is Micropro Software Solutions IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 stocks with ₹129,600.

What is Micropro Software Solutions IPO Allotment Date?

Micropro Software Solutions IPO allotment date is November 10, 2023.

What is Micropro Software Solutions IPO Listing Date?

Micropro Software Solutions IPO list date is November 16, 2023. The IPO to listing on NSE SME.

Note: The Micropro Software Solutions IPO main points are introduced formally. The IPO gray marketplace top rate (Micropro Software Solutions IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.)

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– Source : IPOWATCH

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