Micropro Software Solutions Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹6(7.41%)
Premium (ELP)
The Initial Public Offering of Micropro Software Solutions Limited's culminated in its successful listing on Nov 10, 2023 at the NSE trading platform. The company secured 37,90,400 Shares through this capital market exercise, with 37,90,400 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹81 to ₹81, with minimum investment requirements of 1600 shares. The subscription period from Nov 03, 2023 to Nov 07, 2023 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Nov 08, 2023. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr Sanjay Yadavrao Mokashi
- Mr Hitesh Dhirajlal Parikh
- Mr Prashant Renukadas Rajurkar
- Mrs Meenakshi Sanjay Mokashi
- Mrs Shefali Hitesh Parikh
- Mrs Swati Prashant Rajurkar.
Micropro Software Solutions Limited
Purva Sharegistry India Private Limited