Micropro Software Solutions Limited is an IT service company incorporated in 1988. They offer Software development, consulting along with Technical Services and providing effective IT Solutions cost-effectively IT Solution to its clients.
The company designs, develops, standardizes, and customizes, in case of need, software solutions across various industry verticals. They does not outsource activities to third party vendors while providing the service to the customers. The services includes 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 provide their services to over 4000 customers in India, USA, UAE and Africa. They offer services to various organisations including government agencies, E-governance in an integral part of software development services.
Objects of the Issue:
- Working capital requirements;
- Funding capital expenditure requirements;
- General Corporate purposes
Micropro Software Solutions IPO Review
- Avoid
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 net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Micropro Software Solutions IPO Market Lot
The Micropro Software Solutions IPO minimum market lot is 1600 shares with a ₹129,600 application amount.
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 close date is November 7. The IPO allotment date is November 10 and the IPO might list on November 16.
IPO Open Date: | November 3, 2023 |
IPO Close Date: | November 7, 2023 |
Basis of Allotment: | November 9, 2023 |
Refunds: | November 9, 2023 |
Credit to Demat Account: | November 9, 2023 |
IPO Listing Date: | November 10, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Micropro Software Solutions IPO Form
How to apply Micropro Software Solutions IPO? You can apply Micropro Software Solutions IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Micropro Software Solutions IPO in the Invest section. The other option you can apply Micropro Software Solutions IPO via IPO forms download via the NSE website. Check out the Micropro Software Solutions forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹5.78 per Equity Share |
Price/Earning P/E Ratio: | NA |
Return on Net Worth (RoNW): | 35.93% |
Net Asset Value (NAV): | ₹659.28 per Equity Share |
Peer Group
- Softtech Engineers Limited
- Compucom Software Limited
- Persistent Systems Limited
Company Promoters
- 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 status on Purvashare website URL. Click Here
Micropro Software Solutions IPO Lead Managers aka Merchant Bankers
- Swaraj shares and securities private limited
Company Address
Micropro Software Solutions Limited
Plot No. 28, 702, Wing A
7th Floor, IT Park,
Gayatri Nagar, Nagpur-440022,
Phone: +91-9373693405
Email: [email protected]
Website: http://www.microproindia.com/
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