Micropro Software Solutions Limited is an IT services company that was incorporated in 1988. The company offers software development, data processing, software training, consulting, and technical services. Micropro Software Solutions Limited is ISO 9001:2015 and ISO 27001:2013 certified, and appraised with CMMI Level 3 certification.
Micropro Software Solutions Limited has offices in Nagpur, India and Sharjah, UAE. Their contact details are:
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/
The company’s IPO is to open on November 3 and close for subscription on November 7. The company is to raise ₹30.70 crores via IPO.
Micropro Software Solutions Limited IPO Timeline
| Particular | Date |
| IPO Open Date | 03 Nov 2023 |
| IPO Close Date | 07 Nov 2023 |
| Allotment Date | 10 Nov 2023 |
| IPO Listing Date | 16 Nov 2023 |
Micropro Software Solutions Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs.81 Per Equity Share |
| Market Lot | 1600 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 31 Crore. |
Micropro Software Solutions Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 1600 | Rs. 129600 |
| Maximum | 1 | 1600 | Rs. 129600 |
| Small HNI (Minimum) | 2 | 3200 | Rs. 259200 |
Micropro Software Solutions Limited IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 MAY 2021 |
| Total Assets | 2559.57 | 2048.58 | 1547.57 |
| Total Revenue | 2217.20 | 1755.17 | 1392.48 |
| Profit After Tax | 592.23 | 267.14 | 129.51 |
Company Promoters:
The promoters of the company are 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.
Purpose of the Issue
- Working capital requirements;
- Funding capital expenditure requirements;
- General Corporate purposes
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| 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/ | Purva Sharegistry India Pvt Ltd Phone: +91-022-23018261/ 23016761 Email: support@purvashare.com Website: https://www.purvashare.com/queries/ |
