IPO Trending
MICROPROSME / NSEListed
Micropro Software Solutions

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.

₹81 - ₹8135.89x sub
Listed Price₹80.00
Listing Gain-1.23%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open03 Nov 2023
Close07 Nov 2023
Allotment08 Nov 2023
Listing10 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail18,00,000 shares
47.49%
Nii(hni)18,00,000 shares
47.49%
Market Maker1,90,400 shares
5.02%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,29,600
HNI2 Lots (3,200 shares)
₹2,59,200

Company Promoters

Mr Sanjay Yadavrao MokashiMr Hitesh Dhirajlal ParikhMr Prashant Renukadas RajurkarMrs Meenakshi Sanjay MokashiMrs Shefali Hitesh Parikh Mrs Swati Prashant Rajurkar.

Company Background

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 wid...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (May 2023 )₹275.95 Cr
Growth-80.2%
Revenue Trend (₹ in Crores)
0.0849.91.7k2.5kMar 2021Mar 2022Mar 2023 May 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
May 2023 275.9547.652,411.30338.03
Mar 2023 2,217.20592.232,559.57397.97
Mar 20221,755.17267.142,048.58592.05
Mar 20211,392.48129.511,547.57437.81

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values5.7844%41%0.3440.7

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
08 Nov 2023
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
10 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for Micropro Software Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization08 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Nov 2023Trading commences on exchange

How to Check Micropro Software Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Micropro Software Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Micropro Software Solutions IPO

Complete issue overview for Micropro Software Solutions (MICROPRO) IPO. The issue features an equity share price band of ₹81 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,29,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions