The Micropro Software Solutions IPO commenced on November 3, 2023, and concluded on November 7, 2023. The allotment of shares took place on November 10, 2023, and the initiation of refunds began on November 13, 2023. The shares were credited to the demat accounts of investors on November 15, 2023. Finally, the listing of Micropro Software Solutions on the stock exchange occurred on November 16, 2023.
The Micropro Software Solutions IPO was priced at ₹81 per share, with a lot size of 1600 shares. The total issue size was ₹30.70 crores, comprising a fresh issue of ₹30.70 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Micropro Software IPO Basic Details
| Company Name | Micropro Software Solutions Limited |
| Domain of Company | IT service company |
| Micropro Software Solutions IPO GMP Today | ₹30 |
| Micropro Software Solutions IPO Listing Gain | 37.04% |
| Micropro Software Solutions IPO Open Date | November 3, 2023 |
| Micropro Software Solutions IPO Close Date | November 7, 2023 |
| Micropro Software Solutions IPO Allotment Date | November 10, 2023 |
| Micropro Software Solutions IPO Listing Date | November 16, 2023 |
| Face Value | ₹10 per share |
| Price | ₹81 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,790,400 shares of ₹10 (aggregating up to ₹30.70 Cr) |
| Fresh Issue | 3,790,400 shares of ₹10 (aggregating up to ₹30.70 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Company Promoters | 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 |
Micropro Software Solutions IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹30 | 37.04% | – | – |
| 2 November 2023 | ₹30 | 37.04% | – | – |
| 1 November 2023 | ₹30 | 37.04% | – | – |
Micropro Software Solutions IPO Details:
Micropro was founded in 1988, and we’re an IT company that does three main things: we make software, we process data, and we teach people about software. Our team of tech experts has over 150 members, and we work with more than 4,000 customers in places like India, the USA, UAE, and Africa. We create software for government agencies, public sector organizations, and businesses. Plus, we’re proud to say we’re an ISO 90001:2015 certified company, which means we’re really good at designing software for all kinds of industries.
Micropro Software Solutions IPO More Details Click Here
Micropro Software Solutions IPO FAQs
When is Micropro Software Solutions IPO open?
Micropro Software Solutions IPO will open on 3 November 2023.
When is Micropro Software Solutions IPO Close?
Micropro Software Solutions IPO will be closed on 7 November 2023.
What is Micropro Software Solutions IPO GMP Today?
The Micropro Software Solutions IPO GMP aka Grey Market Premium is ₹30.
What is Micropro Software Solutions IPO Kostak Rates Today?
The Micropro Software Solutions IPO Kostak Rate is ₹000.
What is Micropro Software Solutions IPO Subject to Sauda Price Today?
The Micropro Software Solutions IPO subject to sauda rates is ₹000.
Micropro Software Solutions IPO Expected Returns?
The Micropro Software Solutions expected return is 37.04%.
How much will be the listing gain in Micropro Software Solutions IPO?
Micropro Software Solutions IPO will get listing gain of 37.04%. (Approx.)
