MICROPRO SOFTWARE SOLUTIONS (NSE SME)
November 3, 2023 – November 7, 2023
| Price | ₹81 - ₹81 |
| Premium | ₹6 |
|---|---|
| Lot size | 1600 |
| Allotment | Nov 8, 2023 |
| Listing | Nov 10, 2023 |
Live Rate
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Subscription
Last updated on 07-Nov-2023 20:06:18
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 18,00,000 | 4,08,73,600 | 22.71 |
| RETAIL | 18,00,000 | 8,83,47,200 | 49.08 |
| Total | 36,00,000 | 12,92,20,800 | 35.89 |
| Retail Apps | 55,217 | © IPO Premium | |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 129600 | 1125 |
| HNI | 2 | 3200 | 259200 | 1125 |
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.
Micropro Software Solutions IPO Details
| Issue Size | 3,790,400 shares (aggregating up to ₹30.70 Cr) |
| Fresh Issue | 3,790,400 shares (aggregating up to ₹30.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 10,509,000 |
| Share holding post issue | 14,299,400 |
| Market Maker portion | 190,400 shares Nikunj Stock Brokers |
Micropro Software Solutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Company Financials
Micropro Software Solutions Limited Financial Information (Restated)
Micropro Software Solutions Limited's revenue increased by 26.32% and profit after tax (PAT) rose by 121.69% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | May 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 2,411.30 | 2,559.57 | 2,048.58 | 1,547.57 |
| Revenue | 275.95 | 2,217.20 | 1,755.17 | 1,392.48 |
| Profit | 47.65 | 592.23 | 267.14 | 129.51 |
| Net Worth | 1,648.21 | 1,055.98 | 788.84 | |
| Reserves | 1,670.86 | 1,623.21 | 1,030.98 | 763.84 |
| Borrowing | 338.03 | 397.97 | 592.05 | 437.81 |
| Amount in ₹ Lakhs | ||||
Strength
Weakness
Lead Manager(s)
Address
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/