Micropro Software Solutions Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹81 - ₹81
- Lot size
- 1,600 shares
- Issue amount
- ₹30.7 cr
- Total subscription
- 35.89×
- Opens
- 3 Nov 2023
- Closes
- 7 Nov 2023
- Allotment
- 8 Nov 2023
- Listing
- 10 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 37,90,400 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,29,600
- Fresh issue
- ₹30.7 cr
- Offer for sale
- ₹0 cr
- Registrar
- Purva Sharegistry India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,29,600
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 1,05,09,000
- Shares after issue
- 1,42,99,400
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,29,600 |
| HNI | 2 | 3,200 | ₹2,59,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 14.58 | 715.61 |
| NIB | 14.58 | 331.08 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 5.78 |
| ROE | 44 |
| ROCE | 41 |
| RONW | 35.93 |
| PRE IPO(PE) | 0.34 |
| POST IPO(PE) | 40.7 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1988, Micropro is an ISO 9001:2015 certified IT services company engaged in software development, data processing, and software training. With a team of over 150 professionals, the company serves more than 4,000 customers across India, USA, UAE, and Africa, including government organisations, PSUs, and corporate clients. Micropro offers a wide range of IT solutions such as IT infrastructure management, server and network management, virtualization, storage and backup management, security management, database management, middleware administration, and data centre operations management for various industry verticals.
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.
Registrar & documents
Lead manager
Swaraj Shares and Securities Private Limited
Registrar & contacts
Purva Sharegistry India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 28, 702, Wing A 7th Floor, IT Park, Gayatri Nagar, Nagpur-440022,
+91-9373693405
[email protected]Company website ↗Understanding MICROPRO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.