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Micropro Software Solutions Limited SME IPO
Issue Size (Net)
up to Rs.30.70 Cr
Price Band
Rs.81 per share
Issue Opens
03 Nov 2023
Issue Closes
07 Nov 2023

Company Highlights

1.Company Information

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.

2. Objects of the Issue

1. Repayment of Working capital and unsecured loan.

2. Working Capital Requirement.

3.General Corporate Purpose,

4. Meeting Public Issue Expenses.

3.Micropro Software Solutions IPO Registrar
Purva Sharegistry India Pvt Ltd

Phone: +91-022-23018261/ 23016761

Email:support@purvashare.com

Website: https://www.purvashare.com/queries/

Micropro Software Solutions Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-May-23
2411.3
275.95
47.65
1670.86
338.03
31-Mar-23
2559.57
2217.2
592.23
1648.21
1623.21
397.97
31-Mar-22
2048.58
1755.17
267.14
1055.98
1030.98
592.05
31-Mar-21
592.05
1392.48
129.51
788.84
763.84
437.81
Amount in Rs. Lakhs

Micropro Software Solutions IPO Details

Issue Opening Date
November 3, 2023
Issue Closing Date
November 7, 2023
Face Value
Rs.10 per share
Price
Rs.81 per share
Lot Size
1600 Shares
Issue Size
3,790,400 shares(aggregating up to Rs.30.70 Cr)
Fresh Issue
3,790,400 shares(aggregating up to Rs.30.70 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
NSE SME

Micropro Software Solutions IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, November 3, 2023
Closing Date
Tuesday, November 7, 2023
Basis of Allotment
Friday, November 10, 202
Initiation of Refunds
Monday, November 13, 2023
Credit of Shares to Demat
Wednesday, November 15, 2023
Listing Date
Thursday, November 16, 2023

Prospectus

Prospectus File

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