Micropro Software Solutions Ltd IPO

Micropro Software Solutions Ltd IPO

IT - Software

sme

Bidding period

03 Nov 2023 - 07 Nov 2023

Bid price

₹81.00 - ₹81.00

Listing on

NSE-SME

Listing date

10 Nov 2023

Lot size

1600 shares

Issue size

₹30.70 crore


Minimum investment

₹1,29,600.00 / 1 lot

Maximum investment

₹1,29,600.00 / 1 lot

Bidding closed on 07 Nov 2023

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Micropro Software Solutions Ltd IPO dates

IPO opening date

03 Nov 2023

IPO end date

07 Nov 2023

Allotment date

10 Nov 2023

Initiation of refunds

13 Nov 2023

Credit of shares to demat

15 Nov 2023

IPO listing date

10 Nov 2023

Micropro Software Solutions Ltd IPO financials

Particulars

For the period ending in March 2024 (in ₹ million)

Total assets ₹55.27
Total liabilities ₹55.27
Total expenditure ₹17.84
Total revenue ₹22.28
Profit after tax ₹3.11
EBITDA ₹6.05
Adjusted EBITDA ₹0.00

Micropro Software Solutions Ltd shareholder pattern

Pre-issue Post-issue
Promoter group 63.4 46.59
Public group 36.6 53.41

Micropro Software Solutions Ltd strengths and risks

Information currently unavailable

  • Quality and focus on customer satisfaction.

  • Expertise.

  • Satisfactory track record.

  • Its business and results of operations are dependent on the contracts that its enter into with its customers. Any breach of the conditions under these contracts may adversely affect its business and results of operations.

  • Failure to protect its intellectual property could harm its ability to compete effectively.

  • Its may be subject to intellectual property infringement claims by other companies which could materially increase costs and materially harm its ability to generate future revenues and profits.

  • The company face intense competition. If its unable to compete effectively, the results of operations and prospects for its business could be harmed.

  • Its revenues, expenses and profitability may be subject to significant fluctuation and hence may be difficult to predict. This increases the likelihood that its results of operations could fall below the expectations of investors and market analysts, which could cause the market price of the Equity Shares to decline.

  • Exchange rate fluctuations in various currencies in which its do business could negatively impact its business, financial condition and results of operations.

  • Its success depends upon its ability to develop new products and services and enhance its existing products and services.

  • If its software products and services do not gain market acceptance, its operating results may be negatively affected.

  • Software and Product development is a long, expensive, and uncertain process and its current expenditure in research and development may not provide a sufficient or timely return.

  • Its cloud strategy, including its Software as a Service (SaaS) offerings, may impact its revenues and profitability from its existing and future on-premise enterprise software offerings.

How to check the allotment status of the Micropro Software Solutions Ltd IPO?

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Micropro Software Solutions Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

To check the IPO allotment status, follow these steps:

 

  1. Visit the official website of the IPO’s registrar.
  2. Go to the IPO allotment status page.
  3. Select the ‘Micropro Software Solutions Ltd’ from the list of available IPOs.
  4. Enter your PAN, Demat ID, or application number.
  5. Click on ‘Submit’ or ‘Check Status’ to view your allotment details.

Alternatively, you can also check the allotment status on stock exchange websites such as the NSE or BSE.

Read more Read less

Micropro Software Solutions Ltd IPO registrar

Purva Sharegistry (India) Pvt

Phone number +91 022 4961 4132
E-mail ID support@purvashare.com
Website www.purvashare.com

Micropro Software Solutions Ltd IPO reservation

QIB shares offered

0 (0.0%)

NII (HNI) shares offered

18,00,000 (47.49%)

Retail shares offered

18,00,000 (47.49%)

Anchor investor shares offered

0 (0.0%)

Total shares offered

37,90,400

Total shares with anchor investor

37,90,400

Micropro Software Solutions Ltd IPO lead manager

  • Swaraj Shares & Securities Pvt Ltd

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How to apply for an IPO with Bajaj Broking?

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  • Log in to the Bajaj Broking trading platform and select ‘IPO’ from the menu.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen IPO.
  • Enter the quantity and your UPI ID.
  • Submit your application—and you're done!

Frequently asked questions

What is the listing date for the Micropro Software Solutions Ltd IPO?

The listing date for the Micropro Software Solutions Ltd IPO is 10 Nov 2023.

What is the issue size of Micropro Software Solutions Ltd IPO?

The issue size of the Micropro Software Solutions Ltd IPO is ₹30.70 cr.

What is the minimum lot size needed for Micropro Software Solutions Ltd IPO?

The minimum lot size for Micropro Software Solutions Ltd IPO is 1600

When does the Micropro Software Solutions Ltd open and close?

Micropro Software Solutions Ltd IPO is open from 03 Nov 2023 to 07 Nov 2023.

How can I apply for the Micropro Software Solutions Ltd IPO?

To apply for the Micropro Software Solutions Ltd, follow the steps given below:

  • Log in to your Bajaj Broking trading account and navigate to the current IPOs section.
  • Browse the list of open IPOs and click ‘Apply’ for your chosen PO.
  • Enter the quantity and your UPI ID. You will receive a mandate notification to block funds in your UPI app.
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