Micropro Software Solutions Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 02-11-2023 | 06-11-2023 | 10 | 81 | 1600 Shares | NSE SME | N/A | 2023-11-09 18:30:00 | 2023-01-12 18:30:00 | 2023-11-14 18:30:00 | 15-11-2023 |
About The Company
Micropro Software Solutions IPO is a fixed price issue of Rs 30.70 crores. The issue is entirely a fresh issue of 37.9 lakh shares.
Micropro Software Solutions IPO opens for subscription on November 3, 2023 and closes on November 7, 2023. The allotment for the Micropro Software Solutions IPO is expected to be finalized on Friday, November 10, 2023. Micropro Software Solutions IPO will list on NSE SME with tentative listing date fixed as Thursday, November 16, 2023.
Micropro Software Solutions IPO price is ₹81 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹129,600. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹259,200.
Swaraj shares and securities private limited is the book running lead manager of the Micropro Software Solutions IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Micropro Software Solutions IPO is Nikunj Stock Brokers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-05-2023 | 2411 | 276 | 48 | 1670.86 | 338.03 | |
| 30-03-2023 | 2560 | 2217 | 592 | 1648.21 | 1623.21 | 397.97 |
| 30-03-2022 | 2049 | 1755 | 267 | 1055.98 | 1030.98 | 592.05 |
| 30-03-2021 | 1548 | 1392 | 130 | 788.84 | 763.84 | 437.81 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 129600 |
| Retail (Max) | 1 | 1600 | 129600 |
| HNI (Min) | 2 | 3200 | 259200 |
IPO Listing Details
| Listing Date | 15-11-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
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.
Contact Information of the Company
Micropro Software Solutions Limited
Plot No. 28, 702, Wing A
7th Floor, IT Park,
Gayatri Nagar, Nagpur-440022,
Phone: +91-9373693405
Email: compliance@microproindia.com
Website: http://www.microproindia.com/
IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/
IPO Lead Manager
Swaraj shares and securities private limited